Unknown Executive

We will now begin Kokusai Electric Corporation's earnings presentation for the fiscal year ended March '26. Thank you very much for joining us today despite your busy schedules. My name is Matsumoto from the Corporate Communications Department, and I will serve as today's moderator. First, let me introduce today's speakers. Kazunori Tsukada, Representative Director, President and CEO; Yoshitaka Kawakami, Senior Vice President and Executive Officer.

As for today's agenda, Mr. Kawakami will first explain the consolidated financial results and full year forecast followed by Mr. Tsukada, who will discuss the future outlook. After that, we will move on to the Q&A session. We expect today's meeting to conclude at around 5:15 p.m. Today's presentation is being held as a live webcast via Zoom. If the stream is interrupted or the video freezes during the presentation, please wait a moment and reconnect.

The presentation and Q&A session will be conducted in Japanese. Participants may also choose simultaneous English interpretation. Please note that this meeting is intended for institutional investors and analysts. Accordingly, questions will be limited to institutional investors and analysts only. We also kindly ask participants to refrain from audio recording or photography.

Now I would like to begin the presentation. Mr. Kawakami, please begin.

Yoshitaka Kawakami
Senior VP & Executive Officer

I am Kawakami, Senior Vice President and CFO. Thank you for joining Kokusai Electric's financial results briefing today. First, I will explain our financial