On my part, I would like to give the explanation of the earnings for the second quarter of fiscal year 2021. First of all, I would like to talk about the market trends that has led to our performance this quarter and first half. Here, we have shown the cash equities average daily trading values. The lower table shows the daily average trading value by market division. The area indicated in red and at the bottom shows the cash equities total for the first half, which was JPY 3.53 trillion. This is a record high for the first half. However, there is one factor to be considered, which is outlined here in the breakdown. The Growth Market total is negative year-on-year. I'm sure that most of you are aware of the fact that a Growth Market has higher fees compared to the First Section. Therefore, this factor will have to be taken into consideration when evaluating these numbers. Please refer to the next page. This is showing the market trends for derivatives. Once again, please refer to the table below. Average daily trading volume or value of major products. Around the middle, the total trading volume for financial derivatives are shown. Looking at these figures, compared to the previous year, we recorded a decline of 24.3%. The JGB futures was relatively strong. However, other equity-related derivatives posted a significant decline. I'm sure that you are aware about the market trends in April to August. The Nikkei average was trading in range. The variation was limited. Volatility was relatively low and therefore, equity derivatives did not grow as expected. Regarding the total trading volume for commodity derivatives, the trend is similar to financial derivatives. All in all, derivatives fell short of expectations. Next, I would like to refer to the operating revenues. Left-hand bar graph in red is the actual for the last fiscal year. On the right, the red bar shows the actual for this fiscal year. The waterfall chart is showing the difference. The first bullet point on this page shows that derivatives trading volume was low. Revenues from trading services and clearing services did not grow, or rather declined. This decline has been covered by the listing services revenue as well as information services revenue. Regarding the listing services revenue, for the first half, there are two factors to be considered. First of all, there was an increase in amount raised by listed companies in this period. In the reference material, we have shown that issue of new shares last year for the first half was around JPY 300 billion. However, for this fiscal year, in the first half, we have come close to JPY 1 trillion in terms of amount raised. Furthermore, IPO numbers has increased. Last year in the first half, there were 31 IPOs. For this fiscal year, it has increased to 64 in the first half, or doubled. As you remember well, last year there was significant impact of the COVID-19. Therefore, there were number of companies that have decided to delay their IPOs, therefore, apples to apples comparison is difficult to make. However, for this fiscal year, IPO trend remains strong. Therefore, the listing services revenue has increased. Now, regarding information services revenue, we have seen an increase in index licensing fee revenues centering on TOPIX. Furthermore, market data usage was strong. Regarding the market data, we saw strong performance, not only for individuals, but also increase in corporate contracts. The trend remains strong. Against this backdrop, operating revenues increased 2.6% year-on-year or JPY 1.672 billion, reaching JPY 65.5 billion. As for the operating revenues for the first half, this is also a record high for JPX. Next, I will refer to operating expenses. Once again, I would like to refer to the waterfall chart. First of all, regarding personnel expenses, it is slightly negative compared to the previous year. Last year, we have been impacted by COVID-19 in the initial phase of COVID-19. We have provided various types of allowances to our employees. For example, improving the communication environment for working at home, as well as providing allowance for purchase of large monitors. This allowance was provided last year, and therefore, this year there has been a reactionary decline. Regarding the system maintenance and operation expenses, this includes the increase due to the launch of ETF platform called CONNEQTOR. The system maintenance and operation expenses have been increased as a result. Because of COVID-19, as I have already mentioned, the internal LAN environment in the company has been improved as well, which is included in the additional system cost. Furthermore, depreciation and amortization decreased slightly. This is because, in September, the derivative matching engine, J-GATE 3.0 was launched. As a result, the previous generation, J-GATE 2.0, has the five-year depreciation period end in June. Therefore, it was in the intermediate period, therefore showing a decline year-on-year. Others have also declined. As shown in the materials, derivative trading was lower than expected. For example, Nikkei 225 license payment has declined compared to expectations, and there was also a decline on a year-on-year basis. Therefore, other operating expenses has declined. As a result, compared to the previous year, it has declined by 0.5% or JPY -163 million, resulting in JPY 30.168 billion for operating expenses. The next page shows the highlights of our performance. I have already explained the operating revenues as well as operating expenses. This is the overall picture shown on this page. Let me review. Regarding the operating expenses, or rather operating revenues on the left-hand side, compared to the previous year has increased by 2.6%, reaching a record high of JPY 65.506 billion. Operating expenses declined slightly. As a result, the operating income was JPY 36.051 billion. A strong performance has been recorded for net income, JPY 24.564 billion, which is an increase of 3.3% year-on-year. This is also a record high since the establishment of JPX. Next page, please. Now this page shows the forecast for fiscal year 2021. Please refer to the table below, which is the average daily trading volume or value of major products. This is the assumptions for the forecast of fiscal year 2021 for cash equities trading value we have revised based on the first half results. Initial forecast was JPY 3.45 trillion. This has been revised upward to JPY 3.5 trillion for derivatives. On the other hand, as I have already explained, we are not meeting the plan, therefore we have revised downward for derivatives. Based on this, the forecast has been announced. Operating revenues increased by JPY 1 billion to JPY 131 billion. Operating expenses revised downward by JPY 500 million. I'm sure that some of you are aware that the current Medium-Term Management Plan will end this fiscal year. We will have a new Medium-Term Management Plan from next fiscal year, which is being formulated as we speak. We would like to prepare for a jump start in the beginning. Therefore, we are making preparations beforehand. Therefore, we will be earmarking expenses for this process. As a result, in terms of operating income and net income, please refer to the numbers on this page. We have revised upward from the initial forecast. For net income, we have revised upward by JPY 500 million to JPY 46 billion. By multiplying the payout ratio of 60% against the JPY 46 billion will lead to a dividend of JPY 53. This is based on the calculation that has been made. We have revised upward by JPY 1 from the previous forecast of JPY 52. That is all in terms of the initial explanation.