I will explain the results of the main segments. In the Electronic Component Segment, as I mentioned earlier, net sales decreased JPY42,931 million, down 21.5% YoY. Segment income was down 1,155 million, or 27.3%. The Components Sales Business benefited from the effect of Excel’s consolidation, but sales fell significantly due to the termination of FEI sales agency agreement with Cypress Semiconductor .
The EMS Business continued to perform well in the medical equipment area, but was sluggish in the areas of automotive and air conditioning devices. The Company was affected by partial suspension of operations and production adjustments at overseas plants due to the pandemic.