Although it appears that performance dropped in each area on a year-on-year basis, the situation changes when comparison is made with the previous period, the fourth quarter of fiscal 2012.
Sales momentum recovered in replacement lenses for DSLR cameras, color meters and optical pickup lenses compared with the fourth quarter of fiscal 2012, and although net sales in the Industrial Business overall decreased slightly from the most recent quarter, operating income increased. As such, we recognize that the Industrial Business bottomed out in the fourth quarter of fiscal 2012.