Hello, I’m Yoshihisa Kainuma.
I will now explain today's key points.
We ask you to please take a look at this page later, as we will not go into the details now. The key message is that the market conditions have almost come back to pre-COVID-19 level.
Although industrial machinery had been slow to recover, they have also bottomed out steadily, despite still being below the pre-COVID-19 level.
In addition, although the LED backlight business for smartphones will cease to exist, foreign exchange rates helped the Group to achieve record high 1Q net sales and operating income.
We feel that we are getting a great response going forward, and I would like to discuss the reasons behind this.
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