Q: Regarding the disclosed earnings forecast for the first half, what are the potential opportunities and risks that apply to sales and operating profit targets for the second quarter?
A:While risks cannot be grasped in full, sales in China declined dramatically in the first quarter, and we foresee that decline will becomes less severe in the second quarter as the Chinese market enters a period of low demand. These risks have already been reflected in our targets. We have slight concerns on sales during the second quarter; however, our mining business and parts and service business are contributing significantly, and we will continue to promote cost reductions intensively. Specifically, HCM (non-consolidated) has tightly controlled travel and outsourcing expenses with effective results. Overseas, we have been adjusting production operating days mainly in China and Indonesia, and expect a decrease in indirect costs.