Taking into consideration these initiatives,
we are targeting sales of 8.0 trillion yen in
fiscal 2016, an increase of 4% from the
period under review. This sales forecast
excludes the effects of foreign exchange rate
fluctuations. Operating profit is anticipated
to increase by 13% to 430.0 billion yen and
the operating profit to sales ratio to improve
by 0.4% to 5.4%.