H.I.S. <9603> has continued to decline significantly. The company announced its third quarter results at the end of last week, with cumulative operating profit at 5.51 billion yen, a significant improvement from a 4.2 billion yen loss in the same period last year. However, there was a reversal to a 0.26 billion yen loss in the May-July period, leading to a negative reaction. The May-July period is typically a slow season with low revenue levels, and the same period last year also saw a 0.84 billion yen loss, but the consensus was for a profit of around 0.5 billion yen. The company seems to view the progress as according to its expectations.