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Good day, everyone and welcome to today’s Nomura Holdings’ Second Quarter Operating Results for Fiscal Year Ending March 2012 Conference Call. Please be reminded that today’s conference call is being recorded at the request of the hosting company. Should you have any objections, you may now disconnect at this point. During the presentation, all the telephone lines are placed for a listen-only mode. The question-and-answer session will be held after the presentation.
Please note that this telephone conference contains certain forward-looking statements and other projected results, which involve known and unknown risks, delays, uncertainties and other factors not under the company’s control, which may cause actual results, performance or achievement of the company to be materially different from the condition, political events and investor sentiments, liquidity of secondary markets, level and volatility of interest rates, currency exchange rates, security valuations, competitive conditions and size, number and timing of transactions.
With that we’d like to begin the conference call. Mr. Mr. Junko Nakagawa, please go ahead.
This is Takumi Shibata, Group COO of Nomura. First, I’ll explain the future measures that we will implement, and then I will ask CFO, Ms. Nakagawa to go over the Q2 highlights. After that we will open the line to questions.