Q: While the mining market remains severe, the year-on-year decreasing ratio of mining demand forecasted by your company is lower than that of competitors. What are the reasons for the difference? And at this moment in time, what is the percentage of the confirmed orders in the sales forecast for the 2nd half of FY 2013? Also, in the current backlog of orders, what are the ratios of each mineral?
A: We think the difference is due to the categorization of the product family and class that we see as mining demand. Our company categorizes two products as mining machineries; over 100t machine weight class ultra-large hydraulic excavators, and over 150t net payload class dump trucks. We estimate that the decreasing ratio of the demand of other products including under 150t class dump truck and large-sized wheel loader is large. About 70% of the sales forecasts for the 2nd half of FY 2013 are confirmed orders. The ratios of each mineral in the current backlog of orders are: Coal: about 30%, Iron-ore: about 30%, and Gold & Copper: about 10%, respectively.