We place a top priority in our management on returning of profit to our shareholders judging in a comprehensive manner the facility investment, R & D investment for further business development and strengthening of shareholders capital for solid financial base.

As for the appropriation of retained earnings, we will have a payment of dividend once in the end of the fiscal year in view of the fact that we are on the road to strengthen the profitability although the articles of association describe that an interim dividend can also be possible.

We will, however, try to realize the interim dividend at an early date by expediting the strengthening of profitability.

Decision making on dividend is made by a board meeting for interim dividend and a shareholders general meeting for year-end dividend.