How were your results in FY2010 ?

We steadily pursued structural reforms and returned to profitability.

Although we developed and expanded sales of products that enhance a vehicle's environmental performance such as hybrid transmissions and electric water pumps for cooling the engine, sluggish sales of automobiles in major markets hurt sales in FY2010. As a result, consolidated net sales slid 7.2% year on year to ¥2,054.4 billion, compared to ¥2,214.4 billion in FY2009.

We pursued structural reforms to bring our profits quickly back into the black. This offset the decline in sales volume, resulting in operating income of ¥87.5 billion, compared to an operating loss of ¥3.4 billion in the previous fiscal year, and an ordinary income of ¥94.9 billion, compared to the preceding fiscal year's ordinary loss of ¥4.9 billion. Moreover, net income amounted to ¥16.6 billion, returning to the black after a net loss of ¥25.1 billion in the previous fiscal year. This can be attributed to the posting of ¥37.2 billion in impairment losses on excess capital equipment as an extraordinary loss, among other factors.