We made upward revisions to the consolidated ordinary income and net income forecast for the fiscal year ending March 2012 that was announced on August 2. Net sales will decline 100.6 billion yen, or 6.4%, year on year to total 1,480 billion yen. We project a 76.9 billion yen foreign exchange loss due to the strong yen and a 27.6 billion yen loss due to an unfavorable sales mix despite a 3.9 billion yen gain at our three internal companies and other operations. Operating income is projected to total 30.0 billion yen, down 54.1 billion yen, or 64.3%, year on year. Factors behind this decline include foreign exchange losses resulting from the strong yen, an unfavorable sales mix variance due to a decrease in sales volume, and increased R&D expenses which will all outweigh gains from reductions in SG&A expenses. We will look at these factors in further detail later on. Ordinary income is projected to total 29.0 billion yen, down 53.2 billion yen, or 64.7%, year on year. Earnings before income taxes and minority interests will fall 17.2 billion yen, or 27.2%, to reach 46.0 billion yen. We do not expect any major extraordinary gains or losses other than a gain from the sale of the Subaru Building and a loss from disaster posted during the first fiscal half. Net income will amount to 36.0 billion yen, for a drop of 14.3 billion yen, or 28.5%, due to tax expenses related to our subsidiaries, etc.