Mr. Atsuo Kobayashi
Senior Vice President
Let me first report on HDD head shipments in indexed terms. Assuming the first quarter of fiscal 2011 was 100, the second quarter was 100, the third quarter was 102 and the fourth quarter was 95. The first quarter of fiscal 2012 was 95, and 100 is forecast for the second quarter.
Next, I’d like to look at our sales projections for fiscal 2012. Net sales for the first quarter of fiscal 2012 were ¥55.2 billion due to lower sales prices and the strong yen. For the second quarter, we are currently projecting net sales of ¥56.0 billion. So for the first half our forecast for net sales is ¥111.2 billion. Projected net sales for the second half are ¥108.9 billion, about 10% lower year on year. Our full-year net sales forecast is thus ¥200.1 billion, down 15% year on year.
That concludes my presentation. Thank you.