Net non-operating income and expenses fell 0.8 billion yen year on year to hit 2.0 billion yen. Looking at financial revenue and expenditures, we see that expenditures fell 0.4 billion yen to reach negative 0.6 billion yen while foreign exchange-related gains dropped by 1.0 billion yen to positive 3.4 billion yen. Foreign exchange fluctuations had a significant impact on non-operating income and expenses mainly in the following two areas: (1) gains and losses on revaluation of derivatives, and (2) foreign exchange gains and losses. The net gain on valuation of derivatives was up 2.8 billion yen year on year, rising from 5.7 billion yen to 8.5 billion yen. Looking at foreign exchange gains and losses, we saw a loss of 4.3 billion yen due to the difference between market and hedge rates despite a year-on-year gain of 0.5 billion yen in foreign exchange adjustments with overseas subsidiaries. These factors combined generated a loss of 3.8 billion yen, resulting in a net foreign exchange loss of 5.1 billion yen.