それでは、緊急役員会議を始めます。今期の業績悪化は、急激な円高と原材料費の高騰が相まって、かつてない規模の赤字を計上するに至りました。我々は抜本的な構造改革を余儀なくされております。
Let us begin this emergency board meeting. The deterioration of our results this term, compounded by the sharp appreciation of the yen and soaring raw material costs, has brought us to a deficit of an unprecedented scale. We are left with no choice but to undertake fundamental structural reforms.
数字を率直に申し上げます。営業利益はマイナス三百億円、自己資本比率も警戒水準を割り込みました。海外の不採算部門からの撤退を視野に入れなければ、最悪の事態を招きかねません。
Let me put the numbers to you frankly. Operating profit stands at negative thirty billion yen, and our equity ratio has fallen below the alert threshold. Unless we put withdrawal from our unprofitable overseas divisions on the table, we risk inviting the worst-case scenario.
撤退はあまりにも性急ではありませんか。長年かけて築き上げた現地ネットワークを、一時の数字で手放すがごとき真似は容認できません。我々の営業力にかかれば、必ずや挽回の余地はあります。
Isn't withdrawal far too hasty? I cannot tolerate the kind of move that would discard, on the basis of a momentary set of figures, the local network we have spent so many years building. With the strength of our sales force, there is most certainly room to turn things around.
営業本部長のお気持ちは痛いほど分かります。しかし、感傷だけでこの危機を乗り切れる段階はすでに過ぎ去りました。冷静な数値判断なくしては、株主にも従業員にも説明がつきません。
I understand the Head of Sales' feelings, painfully so. But we have already passed the stage where sentiment alone could carry us through this crisis. Without dispassionate, numbers-based judgment, neither our shareholders nor our employees would accept any explanation we could offer.
補足いたしますと、欧州拠点は四期連続の赤字、北米拠点も需要回復の兆しが見えません。これ以上の損失補填を続ければ、グループ全体の信用格付けに関わる事態となります。
Let me add to this. Our European operations have run a deficit for four straight quarters, and our North American operations show no signs of demand recovery either. To keep absorbing further losses would put the entire group's credit rating in jeopardy.