We have been leading the industrial robot market since 1977 when we released the all-electric industrial robot "MOTOMAN" in Japan. Since then, we have commercialized and marketed excellent robots for a variety of purposes, centered on arc welding, which is our area of expertise, including spot welding, processing, assembly, painting, transfer of LCD panels, and transfer of semiconductor wafers. Recently, we have been increasing our efforts in the food, pharmaceutical, cosmetic and biomedical markets. In addition, we continue to face new challenges in continuing to expand the areas in which robotics is applied.