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Thank you very much for your attendance today for -- our Honda's press conference announcing business directions and financial year results. Thank you very much indeed for you coming.
Let's start with part 1, the business directions announcement. Our president, Mr. Takahiro Hachigo, is going to speak.
Good afternoon, ladies and gentlemen. My name is Hachigo. Thank you for your participation in this press conference today despite your busy schedule.
As you all know, the business environment around the automotive industry is changing very quickly on a global basis. In such circumstances, Honda has been working on the top priority management challenges. One is to strengthen the structure of our automobile business and to accelerate business transformation for next generations.
Today, prior to the announcement of our fiscal financial results, I would like to talk about our current initiatives for our Automobile businesses and where we
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