Finally, I will explain the acquisition of our own shares, a move that we disclosed at the same time as the financial results today.
As a final step in our medium-term business plan, "G PLAN 2013," we decided to acquire our own shares with a limit of ¥20 billion aimed at boosting shareholder value through shareholder return and raising corporate value by improving capital efficiency.
The funds will be provided for using cash generated through less-than-expected investment in M&As as well as an improvement in operating capital. This move reflects the opinions of investors regarding Konica Minoltafs policy on shareholder returns.
As a final step in our medium-term business plan, "G PLAN 2013," we decided to acquire our own shares with a limit of ¥20 billion aimed at boosting shareholder value through shareholder return and raising corporate value by improving capital efficiency.
The funds will be provided for using cash generated through less-than-expected investment in M&As as well as an improvement in operating capital. This move reflects the opinions of investors regarding Konica Minoltafs policy on shareholder returns.
That concludes my presentation.