In addition, we will implement a plan to balance our capacity and capabilities as we prepare the organization for a re-acceleration of growth.

We expect the supply-demand imbalance to continue through calendar year 2000 and into 2001.

With significantly lower customer demand we are unable to support our recent levels of employment, and we have been reducing our work force at many sites.

When changing the current 'quantitative monetary easing' in the future, current reserves will be reduced to levels required by the market, but interest rates will stay at a very low level before they are adjusted in tandem with economic fundamentals.

When making decisions on economic and price conditions, we will focus on the CPI as the 'inflation rate', while closely analyzing output and import prices.

As the two parties said they will continue their business tie-up, their businesses are not likely to change a lot.