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- 00:18:26.9 Based on what we have just discussed, I would like to sum up our outlook.
First, we expect that FA investments will remain strong, and as such, we expect a solid operating environment from Q2 onward.
Second, we have already seen solid results from our IAB strategies. This has increased our confidence in our strategies.
Third, we have made significant progress in improving our profit structure.
From Q2 onward, we are committed to accelerating our growth by building on what we have achieved to fully capture opportunities. We will increase investments from Q2 onward, to proactively expand capacity and headcount.
I note, as mentioned earlier, the China market in Q1 was stronger than we had initially expected. As such, our Q1 results came in ahead of our expectations. In addition, Q1 FY2016 was very challenging: the resulting low base for comparison contributed to the high YoY improvements in Q1 FY2017.
Given that we have only completed three months of the current fiscal year, we have chosen to leave the full-year forecasts we announced in April unchanged. That said, our view of the operating environment is as I stated earlier. We will review our forecasts thoroughly once we have seen the results of Q2. Subject to our view at that point, we may choose to revise our full-year forecasts at that time.
This completes my remarks on our earnings.