With regards to hydraulic excavators, in the current global market, roughly 160 thousand of them are sold every year. 80 thousand of them are sold in Japan, Europe and North America, the rest in China, ASEAN, and countries in the Middle East and South America.
Demand in the emerging market has grown rapidly along with the economic growth in those countries. Growth in China is significant and the demand has expanded to 160 thousand (more than 6t) in 2011. However, the market is predicted as reducing to one-fourth of its peak due to the fall in China's economic growth.
Other emerging markets are in a similar situation.
By contrast, the size of the market in Japan, Europe and North America has not changed so much. Because of these market circumstances, we are planning to expand in a balanced manner in both markets, in Japan, Europe and North America on the one hand, in emerging markets on the other.