This fiscal year we expect sales to total 650 billion yen and operating income 67 billion yen. These projections were made in light of expanding operations due partly to our smartphone-related assembly business, growth of our existing businesses, the synergy created from the acquisition of Sartorius MTH, increased LED backlight production capacity, and favorable exchange rates. To give you an idea of where we're headed, sales last April totaled 31.6 billion yen. Although we haven't officially closed the books yet, April sales this year were up about 10 billion yen at approximately 41 billion yen. Since we started off this fiscal year with higher April-June sales than last year's, I think our first quarter operating income target of 12 billion yen is somewhat conservative.
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