Looking at our net sales forecast for the first half of the fiscal year ending March 2012, we expect net sales to decline 154.0 billion yen, or 19.2%, year on year to total 650.0 billion yen. We project a 125.5 billion yen loss due to an unfavorable sales mix and a 33.5 billion yen foreign exchange loss despite a 5.0 billion yen gain from our three internal companies and other operations. Operating income is projected to drop by 47.3 billion yen, or 82.6%, year on year, to reach 10.0 billion yen. This downturn is due to the adverse effect of the strong yen, an increase in R&D expenses, a disadvantageous sales mix caused by reduced production, and hikes in material prices despite cost cutting efforts aimed at increasing profits. Ordinary income will total 8.0 billion yen, down 50.8 billion yen, or 86.4%, year on year. Income before income taxes and minority interests is projected to fall by 28.7 billion yen, or 51.5%, year on year to reach 27.0 billion yen. The major impact on our bottom line will come from the gain on the sale of the Subaru Building and the loss on disaster, both posted during the first quarter. Net income is projected to total 23.0 billion yen, a year-on-year drop of 21.6 billion yen or 48.4%.