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I will now outline the trends of our equity capital and interest-bearing debts.
In the fiscal year ending March 31, 2017, we expect interest-bearing debts to increase slightly from the end of the previous fiscal year, to ¥1,140 billion, under a carefully selected investment policy. However, we anticipate the D/E ratio to be 2.6, the value targeted under the medium-term management plan, due in part to the accumulation of profits during the period. We will continue to control interest-bearing debts by paying attention to its balance with our equity capital.
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