The balance sheet shows total assets declining by 52.0 billion yen year on year to total 1,179.3 billion yen, due primarily to the strong yen. Interest bearing debts dropped by 49.7 billion yen year on year to reach 317.9 billion yen. This decrease comes as a result of rolling over short-term loans into long-term loans and the redemption of corporate bonds valued at 20.0 billion yen in June 2010. We project that interest bearing debt will total 320.0 billion yen at the end of this fiscal year. Our debt-to-equity ratio was 0.76. Net assets were up 37.3 billion yen for a total of 419.2 billion yen. This figure includes an increase of 54.8 billion yen in retained earnings and a loss of 18.8 billion yen due to foreign currency translation adjustments. The shareholders' equity to total assets ratio was 35.4%.