In the fiscal year which ended December 31, 2019, as indicated on our website and other sources, we raised an additional 1.8 billion yen from investors through a third-party allotment to further develop our business. As a result of this financing, 900 million yen out of 1.8 billion yen was added to our capital, greatly increasing it from 380 million yen at the beginning of the year to 1.28 billion yen. Therefore, in order to maintain the same flexible management as before, we have decided to reduce the amount of capital (hereinafter referred to as “capital reduction”).