Regarding the fundamental strategy of “building new growth strategies,” Fujifilm has chosen to emphasize the fields of medical systems/life sciences, graphic arts, documents, optical devices, and high-function materials, and the Company has dynamically strengthened its operations in those fields through M&A transactions, capital investments, and R&D investments. Previous efforts made based on VISION75 are steadily generating benefits and increasing the basis for confidence in Fujifilm's new growth paths. In view of the goal of creating important new pillars of operations, however, the new businesses still require additional strengthening and expanding efforts.
Looking at our capital investments, M&A measures, and R&D investment in five strategically emphasized fields, we are maintaining a balance between short-term objectives and medium-to-long-term objectives as we proactively make investments with careful attention to the prospect for recovering invested funds. In these ways, we are aiming at expanding our sales and profit.