【テロップ】
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【ノート】
This waterfall chart shows the major components of change to our operating income forecast for the full year, relative to our October 2018 forecasts.
On the back of the sales declines for IAB and EMC, added value will be significantly lower. To offset this, we will exert further discipline in controlling expenses. Specifically, we will thoroughly review investment themes and focus on improved expense efficiency, for a ￥4.6 bn positive contribution from SG&A and R&D expenses in Q3 and Q4, versus our previous plan.
We will enhance and enforce further expense controls but we will also make investments necessary for medium- to long-term growth on a selective basis.