The announcement stated that, with respect to the No. 1 to No. 3 Class B preferred shares and the common stock, the amounts may be reduced at the determination of the purchaser. Some of the press reports since, however, have indicated that the size of the No. 1 to No. 3 Class B preferred shares will be JPY150 billion and the size of the common stock will be JPY100 billion.

We would like to confirm that the amounts the Board of Directors resolved to issue on June 29 are the maximum amounts that can legally be issued by the company, and the actual amounts will be determined by the purchasers based on market and other underwriting conditions.

The capital requirements of our Revitalization Plan have not changed. We still intend to raise approximately JPY470bn and not the JPY546bn reported by some press reports. However, we wish to be in a position to access additional capital should the market conditions permit. The board resolution on June 29 gives us the ability to increase the size of these issuances from the originally announced amounts.

We are currently in discussions with JPMorgan and Phoenix Capital to reach a definitive arrangement for the issuance and sale of the preferred shares and the common stock.