Looking at net sales by geographical area, sales in Japan fell 79.6 billion yen due to a decline in sales volume for both the domestic and overseas markets. This decline was triggered by FHI's shipment reduction for inventory adjustment purposes. Despite robust auto sales in the U.S. and Canada, which improved the sales volume and mix and offset currency exchange losses, overall earnings in North America were down 3.2 billion yen due to sluggish sales for the Industrial Products Company. Looking at other areas, we see that net sales decreased 11.8 billion yen due to losses on currency exchanges and decreased sales at our European subsidiary.