I am Masakazu Negoro, Managing Executive Officer of Kao. I'd like to now present the consolidated financial results for the nine-month ended September 30, 2022. Please turn to page five. This shows highlights of consolidated financial results. Net sales grew by 10.5% year-on-year to reach JPY 1,127.7 billion. Like-for-like growth was 4.9%. Operating income was JPY 76.9 billion, down 29.4% year-on-year. Operating margin was 6.8%. Net income attributable to owners of the parent was JPY 58.3 billion, down 28.9% year-on-year. Basic earnings per share was JPY 123.82, down 28.2% year-on-year. Next is page six. This shows the overview of consolidated results. First, I would like to look back at nine months up to Q3. To offset the raw material price hikes, we implemented strategic price increases, promoted high value-added products and cost structure reforms, and ramped up the TCR, or total cost reduction activities, in addition to conducting measures in HMPC in Japan to increase loyalty and outperform the competition. However, due to the impact of the factors, including lockdowns and a market slowdown in China and the United States, net sales increased but operating income decreased year-on-year. Now let me focus more on Q3. We expected a lower profit, but there were economic slowdowns in China and the United States, and also in Japan. For some products, the sales expansion plan were not reached. As a result, the Q3 operating income was JPY 6 billion lower than the plan. On the other hand, strategic price increases are on track. Also in HMPC in Japan, in four core categories, we are seeing the improvements each quarter and seeing the good results. This is a positive factor. We will continue to make efforts so that we can continue to generate those good results and to strengthen the foundation. As for the shareholder returns, we completed the share buybacks of JPY 50 billion and retired 9.1 million treasury shares on September 28, 2022. The forecast of consolidated results remain unchanged. Next, page 10 shows consolidated results by segment. I'd like to draw your attention to bottom right, operating income changes by segment. I'd like to briefly explain the key points in the background of Q3. First, in Hygiene and Living Care, negative impact of the raw material price hikes was JPY 8.5 billion. Marketing expenses increased in order to expand our market share. As a result, operating income decreased by JPY 9.2 billion year-on-year. In Health and Beauty Care, the negative impact of raw material price hikes was JPY 3 billion. In addition, there was a negative number for skin care business in United States, and control of the distribution inventory in the United States led to the lower shipment and operating income declined by JPY 6 billion. In cosmetics, we were impacted by the economic slowdown in China. In chemicals, there was a gap between rapidly declining fat and oil product market price and the inventory price, which led to the losses and smaller margin. Next is page 11. This shows the analysis of change in consolidated operating income, analyzing the decline of JPY 32.1 billion. The blue shows the profit increase and orange shows the profit decrease. To make it easy to understand, we are showing the Q3 numbers on the far right on this page. I'd like to focus on Q3. First of all, in Q3, the natural fats and oils prices declined more than expectations. With weaker yen, we continue to see the major impact. One characteristic here is that, we spent about JPY 4 billion more for marketing expenses than the year before. This is based on our plan. This is to prepare for the sales expansion in Q4, so please consider this as a strategic investment. As for the strategic price increases, they are progressing based on our plans. As for TCR, our annual target currently is JPY 12 billion per year. Next is page 12, generating results from investment for transformation into a robust business. In February this year, when we announced the FY2021 financial results, we mentioned those three areas. In stable earnings in Japan for laundry detergent as well as for the dishwashing detergent, our market share expanded. In fabric care, we launched new and improved products. Actually 17 items were launched, which is more than double of that of last year, and also introduced highly added value products to improve profitability. For the growth driver in cosmetics, we increased the percentage of focal G11 brands and steadily growing them. For your reference, during the nine-month, the Japanese market grew by 3%, Chinese market shrunk by 3%. In skincare, we are very focused on the UV Care products, and we expanded our market shares in Japan and Thailand. The market in Thailand is growing and our strength continues. In business transformation in sanitary products, we are focused on Asia. In large Chinese market, our Slim Guard product met with the Chinese market needs. Despite the shrinkage of the market in China by 2%, this product has grown significantly. In products for hair salons, Oribe has grown to contribute to the profitability. We have taken the decisive measures for focal brands and categories, and we can say that we are seeing the good results from those measures. Next, page 13 shows the impact of raw material prices on consumer products business. These graphs show the quarterly changes of impact of the raw material prices, focusing on consumer products and showing year-on-year changes. Based on the August third foreign exchange forecast of 130 yen to the dollar, we are also showing the Q3 graph as well as Q4 forecast. At the end of Q2, we said that based on the assumption of $110 per barrel in oil prices and $1,100-$1,300 per metric ton for fats and oils, and also 130 yen to the dollar, the raw material price impact will be JPY 40 billion. As a result, the oil prices came down, but petrochemical product price is linked to the domestic naphtha price. In this equation, the Forex impact is included. The domestic naphtha price for Q3 was JPY 86,000, and for Q4 it was JPY 81,400. No major changes. Although natural fats and oil prices declined, pulp and paper and others remained at a high level. Since they are imported denominated in dollars, there was a major impact from the currency translation. With the addition of the currency translation of about JPY 3 billion, the annual raw material price impact is expected to increase to JPY 40 billion-JPY 43 billion. There are two positive factors or positive points that we can say about these graphs. One thing is that excluding the currency impact, the raw material prices probably have peaked out. The second is that in Fabric and Home Care, which uses the natural fats and oils as a main ingredient, the profitability is expected to recover. Next is page 14. This shows strategic price increase progress and plan. Strategic price increases is progressing as planned. In Q3, in laundry detergent, we increased added value as we expanded market share. We were successful in increasing prices. Now we would expand this into other categories and promote high value-added products and increase the number of the items with higher prices. Price increase activities are expected to continue in 2023 and beyond. We are currently making preparations. Next page. This shows the effects of strategic price increases. This is an updated version of what we show in August. The vertical axis shows the year-on-year selling price increases and decreases, and horizontal axis shows the sales volume increases and decreases year-on-year. These graphs do not include the raw material price impact. As you can see here, for laundry detergent, as I said earlier, we promoted high value-added and compact size products, and we have expanded the market share steadily. The position of the baby diapers was maintained. For fabric treatments, we also promoted the high value-added products as well as reduced product content. Unfortunately, the volume did not grow. As for home care, last year we launched the Bath Magiclean Air Jet, and this was a major hit. In comparison, the position seems worse, but in Q4 this year, we launched Kitchen Magiclean Foam Jet. Our position of the home care will be moving toward the top right. Next is page 16, aiming to achieve the consolidated earnings forecast. In stable earnings, we will promote the high value-added and improved products for strong brands so that we can realize both share expansion and profitability increase. Especially the brands that we focus in Q4 are shown here. Together with the sales initiatives, we will take those measures strategically. As for growth driver in cosmetics, right now the KATE brand is drawing a lot of attention, and we will continue to offer new KATE products and also focus on the cross-border e-commerce and to ramp up the local production of Curél products in China. The cosmetics will be one of the major keys for Q4. In skincare, the Bioré brand, we would promote the high value-added products so that we can realize the expansion of sales and the profit. Especially in Q4, as shown on page three, after the third week of October, the market growth rate for HMPC was 5%, and the cosmetics growth rate was 10%. Together with the new sales initiatives, we will try to capture the inbound demand and stimulate the market and push toward achieving our targets. Lastly, on page 17, these show the FY 2022 management policies. Those policies were explained by our President Hasebe when we announced the financial results in February. It is too early to look back, but I would like to briefly explain the progress. First, policy to change to a resilient business structure independent of the market conditions. We expect the raw material price hikes to continue in the first half of the next fiscal year. With the price increases, we are building the good foundation for better profitability. As for the second policy to make strategic investments for competitive advantage based on the business portfolio through a decisive investments, we are starting to see some results, and some of which were introduced today. Of course, some of the businesses are facing challenges, need to be reformed, and we will continue with that. As for the third policy, to start businesses that grow rapidly by anticipating changes, we listed some of the examples at the bottom. They are not yet contributing to sales or profit, but we will continue to focus on those areas and please look forward to their future. With that, I'd like to end my overview of consolidated financial results for nine months ended September 30, 2022.