What are the prospects for the semiconductor business?
• A12:Yamaha’s semiconductor business has technological synergies with its core musical instruments and AV equipment businesses. Accordingly, there will be no change in our policy of strengthening this business going forward. To strengthen our product development systems, we are moving forward actively to increase personnel in this area and to promote interchange among personnel in the semiconductor business on the one hand and the musical instruments and AV equipment businesses on the other. As a result of these measures, we want to strengthen this business to the point where it can generate a stable ¥5 billion and ¥10 billion in operating income annually in the medium term.