Fiscal year 2023 was a milestone year for us, as we achieved a cumulative total of 100 million units sold in the 60-odd years since our founding in 1959. We believe that we have accomplished this by combining the trust and cooperation of our customers and business partners with the "technology and insight" of IHI. We regard this as a passage point and will continue to work together with all of you, aiming for sustainable business.

In recent years uncertainty has become the norm and electrification of mobility is progressing to realize carbon neutrality, however such trends are also uncertain. IHI will further refine the high-speed rotation technology and manufacturing engineering we have cultivated over the years, analyze the business environment calmly and appropriately, and respond in a timely and flexible manner to solve various social issues, embodying the idea of "Contribute to the development of society through technology".