The digital SLR camera market improved steadily each month in the first quarter, but overall the market remained almost flat compared with the same period of the previous year. However, we are anticipating a slight recovery in the second half of the year. Breaking this down by region, we recorded positive earnings in Europe and Asia, but negative earnings in Japan and the U.S. Meanwhile, although the compact camera market downsized of more than 10% overall compared with the previous year, our sales units remained unchanged. According to the industry data, market prices have dropped by 2 digits compared with the previous year, but we assume that the real situation is not nearly so negative considering the suppressing effect of the rising yen.