First, let's look at the main factors for the increase in sales and profit in the Business Technologies Business. Factoring in the effect of foreign exchange rates, we are forecasting net sales of ¥45.0 billion and operating income of ¥13.0 billion.
Aside from the effects of exchange rates, the ¥10.0 billion increase in profit includes an increase in gross profit on the back of sales expansion, contribution of M&A projects implemented previously and improvement in manufacturing costs.
On the other hand, we are also factoring in an increase in expenses based on efforts to promote measures to strengthen structure at sales subsidiaries toward a transformation in the business portfolio.
Aside from the effects of exchange rates, the ¥10.0 billion increase in profit includes an increase in gross profit on the back of sales expansion, contribution of M&A projects implemented previously and improvement in manufacturing costs.
On the other hand, we are also factoring in an increase in expenses based on efforts to promote measures to strengthen structure at sales subsidiaries toward a transformation in the business portfolio.