1. Business Progress and Results

　As shown in the above table, our corporation's business for its 7th term suffered from a decreased profit in its CP system sales division due to fierce price competition, registering a minus growth in its sales on a year-on-year basis. On the other hand, our corporation's maintenance service, CP system and other divisions increased both in sales and profits.
　For its current term, our corporation made an up-front investment as planned. However, we failed to achieve such sales and profits as projected from the investment with a sharp reduction in profits for the present term compared to the previous term, although we increased sales 13% from the previous year.
　
　The up-front investment for the current term was made in the following items:
　
　・ Recruitment of graduates from universities' engineering faculties -6 engineering graduates
　・ Recruitment of female university/college graduates capable of working as management staff - 3 female graduates
　・ Introduction of system required for key business operations - 20,000 thousand yen
　・ Investment in CP system - 376,000 thousand yen
　・ Establishment of Kobe/Tachikawa branch offices, Relocation of Shibuya branch office - 15,000 yen