The industry has had a caning over the exchange rate.

We need to be very cautious about large fluctuations in the exchange rate.

Turkey does not have an official exchange rate target.

The prospects are so good for Toyota. The only issue on Toyota's horizon is the exchange rate, which has been in its favor this year.

China's side of the story. We'll also tell them that we are not manipulating the yuan exchange rate at all. So we hope they will not label China as a currency manipulator.

Excluding the exchange rate variable, the financial results were on the whole reasonable.