Before concluding, I'd like to provide you with a brief overview of the outlook of this fiscal year.
While the earthquake has caused production for the first half of the year to drop 25% below last year's output, we plan to crank up our operations to make up the difference during the latter half of the year.
Even though we will make up for the production losses, we still expect earnings and revenues to fall due to the yen's depreciation and increases in fixed costs. I'd like to reiterate that we are committed to increasing our capital investment and R&D expenditures with an eye to sustaining our growth over the long run.
I look forward to providing you with more details about our performance at the end of the first quarter.