Now I will talk about the analog semiconductor business, which has been the subject of concern from many of our investors and analysts. As you can see on the next slide, orders have indeed dropped, but there is a sufficient backlog, so when the exchange rate is taken into consideration, it is safe to say that we have enough orders.
As shown by the bar graph on the left, the market growth forecast for semiconductors, in general, has been revised downward, but that for analog semiconductors has been revised upward. I believe that there is still significant latent demand for analog semiconductors. I also think that, out of our Eight Spears, analog semiconductors will be second only to bearings. We are currently looking into further measures for expansion. Be on the lookout for an announcement by the fourth quarter.
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