(Nishida) My comments were directed largely toward petroleum-based plastic raw materials. Rather than maintain large amounts of inventory in-house, we are generally on track for the 1Q based on negotiations with suppliers. As far as the Housing Company is concerned, we do anticipate handover delays due to difficulties in procuring certain components. However, we believe this is a temporary issue that can be resolved.

(Nishida) Our estimates are based on the current naphtha price of around ¥120,000 per kiloliter.

(Nishida) Price increases have begun. We have already announced details of price hikes for certain products.

(Asano) Sales volumes decreased in the 4Q of FY2025 mainly in China and North America. In FY2026, we expect demand for interlayer films for HUDs will emerge in Asia and are planning sales volume growth especially in the 2H. We anticipate the Company will benefit from the upswing in EVs and hybrid vehicle in Europe and the U.S. owing to such factors as the increase in gasoline prices due to conditions in the Middle East.

(Nishida) From an accounting standard perspective, the Housing Business posts sales at the time of handover and not on a percentage-of-completion basis. Accordingly, the recognition of sales will be delayed in line with delays in handover.

(Hirai) CPVC sales declined compared with FY2025 4Q forecasts (January 2026). Certain CPVC products are exported from Thailand to the Middle East. This decline includes cancellations of certain orders.