At our Q1 FY2017 results briefing, we announced we had earmarked ¥20 billion for the repurchase of shares to be completed by the end of March 2018. As of the end of March, we had bought back ¥14.3 billion or 2.35 million shares.
While we will continue to proactively invest for future growth, we are committed to maintaining stable shareholder returns as well.
This covers our FY2018 plan.
I will now comment in more detail on the evolution of our IAB business, which is the primary driver of our growth, highlighting specific examples.
Next slide please.