Outline of Results Briefing held on May 11, 2017

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I next turn to our earnings outlook for FY2018/3.

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We forecast within ranges, looking for net sales of ¥240-260 billion, operating income of ¥25-30 billion, recurring income of ¥25-30 billion, and net income of ¥16.5-19.5 billion. We have major title releases slated for 1H FY2018/3, but given a somewhat clouded outlook for 2H, we have compiled forecasts that are more conservative than our FY2017/3 performance.

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This slide breaks our FY2018/3 forecasts down by segment.

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