Unidentified Analyst: Thank you and congratulations for assuming a new position. And I have a question concerning games and three months ago, you talked about some of the focused and games, KPI is now gaining momentum, I think, and especially MAU, 112 million, and that’s quite a positive, the ways, and PlayStation is recovering in the quarter. But as for the user compositions, you talk about transition from PS4 to PS5. So how do you focused the transition status from PS4 to PS5, will it gradually the increase or depending on the new titles, and the two boost, the demand for PS5 and that’s for PS5 and PS Plus, the paid member increase is might be one of the main factors. And as for the next quarter, and that’s almost as planned.
And as for PS5, the sales increase and promotional effect should lead to the increase of the sales. players for being away from the gaming. And that should be the reason for us to see this current level of the user. And as for PS5 and the reopening purchases ladder high, and that should have a time lag to see the positive effect onto the figures. So that might be because of the time lag for that membership and the reflection onto the sales and the revenue. And we would like to continue to monitor the business, and we are going to solidify the software database and so as to enhance the engagement with the users for gaming. Thank you.
Operator: Thank you. Then we’d like to move on to the next question. Please raise your hand if you have a question. So, then from the venue, the person in the middle of this row. Thank you very much.
Unidentified Analyst: Securities. I have a question about the finance area and financial services area. So the third quarter result of the new contracts, was it as expected and also the interest transition, how will it affect the performance and also the MCEV, what was the result? And in addition for the next-term, there will be plan for the change in accounting system. And at this moment, what is your view on how this may affect the performance?
Unidentified Company Representative: Now, I would like to invite Ms. Matsuoka to answer about the finance services related questions.
Naomi Matsuoka: Thank you very much for the questions. So about the new contract value, the third quarter situation is your question. And thankfully, as I — as mentioned in Mr. Totoki’s speech, the Sony is performing quite well and new contract is increasing, and therefore the new contract values is also increasing. And that is the trend and that is to last for some time. And also interest rate shift impact, and we do have a hedging. So there, we don’t expect any significant impact. And even if there may be some impact, it will be very slight. But depending on how the interest rate shift, we need to look at the different spreads. And also, in particular, the bank spread certainly will be affected. So in that sense, we would like to — we will be increasing the profitability through that. And IFRS 17, in regards to this accounting system change, there will be another occasion for us to explain a more details about the IFRS. So please wait for that occasion. Thank you.
Operator: We’d like to move on to the next question, anybody. Next online — participant online please.
Unidentified Analyst: Thank you very much. . Congratulations for the good results. Now, I have a question regarding game. Recently, U.S., Europe, and China. Macro trend is different in December results and the forecast for March and the forecast for next fiscal year and onwards, business environment, hardware, and software network in by region. What difference in trend is observed or no difference? Can you give me some hint? That’s my question. Thank you.
