No changes have been made to our forecast for the year ending March 2016 for either the size of the digital cameras-interchangeable lens type market or the estimated our sales units.
We predict that the size of the digital cameras-interchangeable lens type market will decrease by 9% year-on-year to 12,400 thousands units, and that the size of the interchangeable lenses market will similarly decrease by 9% year-on-year to 20,600 thousands units.
Based on this market forecast, our sales forecast remains at 4,250 thousands units for digital cameras-interchangeable lens type, dropped 8% compared to the previous year, and 6,100 thousands units for interchangeable lenses, a 9% decrease from the previous year, with no change our initial targets for the year.
As we head into the second half of the year, we expect that the decrease in market size will continue to lessen. However, the situation at this time remains unclear. We will continue our activities for increasing sales of middle/high class models and efforts to enhance efficiency by cost improvement, etc. in line with our initial plan for this fiscal year. Taking these circumstances and our results for the first quarter into consideration, we revised our operating profit forecast for the full year ending March 2016 of the Imaging Products Business from our previous forecast of 38 billion yen (decreased 33% on a year-to-year basis) to 42 billion yen (decreased 26% on a year-to-year basis).