We’d like to begin by offering up our sincere thanks to all our shareholders for the devoted support and kindness you have shown us in the past. The financial results for our corporate group for the year ended March 31, 2007 have been gathered together, so we’d like to report those results now.

The current period brought increased investment in computerization as well as continued expansion of the software development field, in line with the improved performance of domestic businesses. However, the current period also saw an increase in the intensity of companies’ demands for such items as a quality guarantee, shorter delivery time, and upgraded functionality, which gradually exposed the problem of insufficient human resources in our own corporate group. Yet at the same time, the ferocity of companies’ demands for reducing the price of products and services grew stronger and stronger, meaning that profit ratios fell further than sales increased, which means the still-fierce conditions of the business environment are continuing.

Under such circumstances, our corporate group has been proactively developing business activities, and thanks to our efforts both to cultivate end-users and to improve the quality of our products and services, we’ve been able to achieve sales levels and ordinary profit that exceed our performance last term. However, due to incurring unavoidable extraordinary losses from one portion of our projects, our net income from the current term has drastically decreased. We have been deeply reflecting on this point as a management team, and are working on thorough countermeasures that will prevent this sort of situation from ever happening again.

Well then, thanks to everyone’s efforts and support, this year, 2007, we will celebrate our twentieth anniversary as a company. That we have reached this milestone prompts us to offer our heartfelt thanks for the gift of everyone’s warm support and guidance, in particular our valued shareholders. Under our new management and organizational systems put in place from fiscal 2007, we have established a three-year, medium-range management plan, and in addition to expanding our existing business areas, we shall proactively promote the cultivation of new markets and new business.

With “Reform and Growth” as our motto, and sticking to our Customer is First principle, we intend to create a spiritually rich company that cherishes people. From here on out we will be implementing healthy and stable growth strategies and will strive to raise the value of our shares and of our company itself still higher, so we would ask you for your continued support and kindness in the days ahead.