As you can see, we have executed on growth investments to accelerate IAB’s innovative-Automation strategy, as set out in our initial plan for this fiscal year.
As announced at the analyst briefing in April, we aim to expand our network of Automation Technology Centers (ATCs) to 35 by the end of FY2018. As of July, we added 9, bringing the current total to 26.
We are also strengthening our R&D activities in robotics and other fields. We plan to increase the level of new product launches from this fiscal year.
Furthermore, in response to the robust demand in China, we have converted a former EMC plant to increase the number of IAB production lines. Production has already begun in earnest. By FY2020, we expect have double the production capacity we had in FY2017.