In Panasonic's future, the Cloud is going to play a key role, like energy. The Cloud is essential not only to connect your devices, but also to anticipate and answer your needs -- both in the home and beyond. We're partnering with some of the world's leading IT companies to make this vision a reality. In fact, Panasonic and IBM have agreed to work together to assess the business and technical value of future home appliances connected to the cloud.3. Your Car Presented by Mr. Tsuga, with Mr. Phil Abram, Chief Infotainment Officer of General Motors, as a special guest speaker on stage and video appearance by Mr. Elon Musk, Chairman and Chief Executive Officer of Tesla Motors Our strategy for expanding our business with leading automakers is focused on two key areas. First, we are transforming our expertise in home energy solutions into total solutions for electric vehicles. And second, we are taking the engineering behind our connected home AV solutions and delivering fully connected automotive solutions. Batteries are only one aspect of Panasonic EV solutions. We have developed a Power Management System that greatly improves the efficiency of EV batteries a Heat Management System designed to reduce the tremendous power drain of air conditioning on hybrid and electric vehicles. These are just two of the new systems we are developing to make these vehicles attractive to more consumers. Panasonic is able to provide total EV solutions, including batteries, energy and heat, and help extend the mileage of EVs. Just as an example of our connected car solutions, GM and Panasonic have partnered to create the new MyLink infotainment system. MyLink offers extensive AV, communication and navigation functions that fulfill your needs. You can even add apps through the Internet after the purchase.