We had expected to gain more revenue from expendables such as ink cartridges for multi-functional printers but the actual sales were short of our target.

Reduction in prices of electronic parts for mobile phone handsets (was) also drastic which undermined our earnings despite a sales increase in terms of the number of units.

Reduction in prices of electronic parts for mobile phone handsets were also drastic which undermined our earnings despite a sales increase in terms of the number of units.

The red ink in the market is no more than expected.

I expect a strong set of numbers. It appears that laser printers and cameras have been strong. But ink-jet printers are not doing well.

Margins and revenue were better than feared. Inventories did go up as we expected but they basically are not far off from where they were last year.