Our consolidated operating plan for the first half of this fiscal year forecasts year-on-year decreases in both sales and income. Net sales will fall by 120.2 billion yen. This includes a decrease of 43.6 billion yen due to an estimated ten-yen appreciation against the U.S. dollar, a decrease of 78.5 billion yen due to a deterioration of the sales volume and mix as a result of declining sales volume, and an increase of 1.9 billion yen at our three internal companies. We project a decrease of 52.3 billion yen in operating income to result in an operating loss of 34.0 billion yen. Though we plan to cut costs such as cost of raw materials, SG&A and overhead, and R&D expenses during this period, these will not offset foreign exchange losses due to the strong yen and the deteriorating sales volume and mix due to the declining sales volume. This will be explained in further detail later on. Ordinary income is forecasted to decline by 55.2 billion yen to operating loss 37.0 billion yen. Net income for the period will be fallen by 48.4 billion yen to net loss 44.0 billion yen.