First of all, I would like to extend my heartfelt gratitude to you as share understanding and support of the Teijin Group's business activities.

We announced our Medium-Term Management Plan 2024-2025 in May 2024, and promised to recover our earning power by completing profitability improvement measures, while carrying out business portfolio reforms, including the divestment of unprofitable and non-core businesses, to achieve the long-term vision of becoming "a company that supports the society of the future."

In FY2024, we implemented business portfolio reforms by transferring businesses including the IT Business and the North American composites business. We also worked on strengthening the global management base, while reviewing our governance structure, such as by announcing the transition into a Company with an Audit & Supervisory Committee.

In FY2025, while striving to achieve the goals set in the Medium-Term Management Plan, we will make company-wide efforts to solve social issues based our purpose, "Pioneering solutions together for a healthy planet," and continue to work on achieving our long-term vision of becoming a "company that supports the society of the future."

We look forward to the continued understanding and support of our shareholders and investors.