Shinichiro Funabiki
President, Group CEO & Representative Director

[Interpreted] Thank you very much for joining us here in New York for our IR Day today. At present in Japan, there’s uncertainty surrounding interest rates, foreign exchange, the stock market and inflation. So there are many uncertainties. In addition, the laws and rules governing the insurance agency business are also entering a period of major change. In this environment, we believe it is essential to review our management strategy with both speed and flexibility. We also believe it is important to communicate those changes to investors in a timely manner. As part of that effort, we assigned two IR team members to New York starting this October.

Let me introduce Wendy Imura and [Kaori Omiya]. [Kaori] is right there. We look forward to your continued support, especially for those two members.

So please turn to Page 1. Today, we see ourselves as a comprehensive insurance group to drive growth. On fronting, reinsurance, life, MGA. We have been able to put all those businesses on track. And Japan is now aiming to become a leading asset management nation. And we have a range of businesses to offer necessary products.

So let’s pause for a minute because I was going to deliver the most important message of the day. In the past, Japanese

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