Looking at operating income by business segment, we see that the automobile business saw an increase of 58.7 billion yen in operating income. This uptick comes from a healthy sales volume and mix, reduction in materials costs, as well as decreased SG&A and other expenses, which offset foreign exchange losses and increases in R&D expenses. Operating income for the Aerospace Division was down 2.6 billion yen due to declined revenue from unmanned aerial vehicle systems and foreign exchange losses. The Industrial Products Division experienced an operating loss of 0.1 billion yen despite increased overseas exports mainly to the North American market that led to a gain of 2.4 billion yen but failed to offset foreign exchange losses.