The Company’s operating environment has continued to trans- form over the years, and our accounting and finance department predecessors navigated these changes by building foundations for financial and capital strategies that remain viable even today. Komatsu’s resilience to maintain a certain performance in the current challenging operating environment caused by the COVID-19 pan- demic is thanks to our predecessors. Let me express the sincere appreciation I feel for the efforts of our predecessors as I explain some of the innovative practices they introduced.