World (3612) Balance Sheet

3060
-45-1.45%

20min DelayMarket Closed Jan 23 15:30 JST

112.79BMarket Cap9.59P/E (Static)

Quarterly+Annual

YOY

Hide blank lines

(Q3)Nov 30, 2025

(Q2)Aug 31, 2025

(FY)Feb 28, 2025

(Q2)Aug 31, 2024

(Q1)May 31, 2024

(FY)Feb 29, 2024

(Q3)Dec 31, 2023

(Q2)Sep 30, 2023

(Q1)Jun 30, 2023

(FY)Mar 31, 2023

Assets

Current assets

Cash, cash equivalents and short term investments

--16.93B

-31.65%13.33B

3.88%21.91B

-5.10%19.5B

-8.63%19.09B

1.11%21.09B

1.60%19.66B

7.10%20.55B

2.09%20.9B

-3.73%20.86B

-Cash and cash equivalents

--15.44B

-30.98%13.31B

4.32%21.75B

-4.82%19.28B

-8.54%18.84B

0.79%20.85B

1.35%19.44B

7.68%20.26B

2.24%20.6B

-3.35%20.69B

-Short term investments

--1.49B

-90.45%21M

-34.31%157M

-24.66%220M

-14.53%253M

40.59%239M

30.00%221M

-21.93%292M

-7.50%296M

-34.87%170M

Receivables

--42.68B

149.57%42.25B

116.21%38.78B

-6.36%16.93B

10.34%20.09B

-21.33%17.94B

-1.77%23.96B

-0.83%18.08B

-1.05%18.21B

4.26%22.8B

-Accounts receivable

--42.68B

149.57%42.25B

116.21%38.78B

-6.36%16.93B

10.34%20.09B

-21.33%17.94B

-1.77%23.96B

-0.83%18.08B

-1.05%18.21B

4.26%22.8B

Inventory

--33.94B

11.25%28.06B

6.04%27.76B

-16.36%25.23B

3.85%27.86B

0.30%26.18B

2.30%29.98B

8.43%30.16B

12.68%26.82B

11.76%26.1B

Other current assets

--1.93B

38.80%1.82B

44.71%1.68B

-23.99%1.31B

-8.28%1.24B

-7.92%1.16B

9.27%1.47B

13.85%1.73B

23.58%1.35B

1.28%1.26B

Total current assets

--95.48B

35.72%85.47B

35.81%90.13B

-10.70%62.97B

1.48%68.28B

-6.55%66.36B

0.45%75.07B

5.11%70.52B

5.50%67.28B

4.23%71.02B

Non current assets

Net PPE

--73.39B

1.13%72.04B

7.23%75.58B

1.94%71.23B

-0.26%71.51B

-5.24%70.49B

-4.23%69.51B

-4.79%69.87B

-5.28%71.7B

-3.63%74.38B

-Gross PP&E

--73.39B

1.13%72.04B

7.23%75.58B

1.94%71.23B

-0.26%71.51B

-5.24%70.49B

-4.23%69.51B

-4.79%69.87B

-5.28%71.7B

-3.63%74.38B

Total investment

--21.73B

79.30%23.08B

85.12%23.41B

0.41%12.87B

-1.65%12.69B

-13.75%12.64B

-10.34%12.97B

-11.59%12.82B

-7.24%12.91B

1.30%14.66B

-Long-term equity investment

--5.41B

431.01%5.5B

419.48%6.05B

-24.56%1.04B

-23.09%1.02B

-61.87%1.17B

-35.40%1.37B

-34.73%1.37B

-38.16%1.32B

71.53%3.06B

-Financial asset investment

--16.32B

48.54%17.58B

51.19%17.36B

3.40%11.84B

0.79%11.68B

-1.08%11.48B

-6.05%11.6B

-7.67%11.45B

-1.63%11.59B

-8.56%11.6B

-Including:Available-for-sale securities

--16.32B

48.54%17.58B

51.19%17.36B

3.40%11.84B

0.79%11.68B

-1.08%11.48B

-6.05%11.6B

-7.67%11.45B

-1.63%11.59B

-8.56%11.6B

Goodwill and other intangible assets

--78.69B

-5.64%78.62B

-5.98%79.02B

-1.33%83.32B

-0.76%83.74B

-0.38%84.05B

7.90%84.3B

8.09%84.44B

6.71%84.38B

0.67%84.37B

-Other intangible assets

--78.69B

-5.64%78.62B

-5.98%79.02B

-1.33%83.32B

-0.76%83.74B

-0.38%84.05B

7.90%84.3B

8.09%84.44B

6.71%84.38B

0.67%84.37B

Deferred tax assets-non current

--3.24B

-14.40%4.03B

-4.24%5.03B

-16.51%4.71B

-15.34%4.77B

-14.87%5.26B

-45.58%4.6B

-41.79%5.64B

-39.05%5.64B

-15.42%6.18B

Other non current assets

--619M

-31.97%617M

-20.52%705M

8.23%907M

7.33%893M

7.65%887M

3.69%842M

3.97%838M

4.00%832M

3.39%824M

Total non current assets

--177.67B

3.09%178.38B

6.02%183.75B

-0.33%173.03B

-1.05%173.61B

-3.93%173.32B

-1.27%172.23B

-1.64%173.6B

-1.84%175.45B

-1.72%180.41B

Total assets

--273.15B

11.80%263.85B

14.27%273.88B

-3.33%236B

-0.35%241.89B

-4.67%239.69B

-0.75%247.29B

0.22%244.12B

0.10%242.73B

-0.11%251.42B

Liabilities

Current liabilities

Financial liabilities

--52.57B

5.73%45.94B

19.01%57.33B

-20.50%43.45B

-10.30%47.37B

-12.73%48.18B

-1.62%49.84B

5.48%54.66B

-2.76%52.81B

-4.34%55.2B

-Current debt and capital lease obligation

--52.38B

5.91%45.68B

18.78%57.18B

-21.08%43.13B

-10.37%47.33B

-12.60%48.14B

-1.38%49.68B

5.48%54.66B

-2.76%52.81B

-4.55%55.08B

-Including:Current debt

--41.11B

5.92%33.94B

21.06%44.4B

-25.42%32.05B

-12.30%35.8B

-13.81%36.68B

1.53%39.22B

6.36%42.97B

-3.65%40.82B

-5.95%42.55B

-Including:Current capital Lease obligation

--11.26B

5.91%11.74B

11.48%12.78B

-5.13%11.09B

-3.83%11.53B

-8.51%11.47B

-10.93%10.46B

2.36%11.68B

0.40%11.98B

0.55%12.53B

-Other financial liabilities

--197M

-19.31%259M

328.57%150M

15,950.00%321M

780.00%44M

-70.83%35M

-44.79%159M

-33.33%2M

0.00%5M

11,900.00%120M

Payables

--42.1B

31.36%40.25B

34.56%43.05B

-10.34%30.64B

12.12%32.34B

-6.93%32B

-2.38%36.15B

-0.15%34.18B

3.57%28.84B

12.76%34.38B

-accounts payable

--40.19B

33.09%38.49B

35.46%41.48B

-13.22%28.92B

8.54%31.09B

-6.70%30.62B

-3.44%34.46B

-0.13%33.32B

6.44%28.64B

11.62%32.82B

-Total tax payable

--1.91B

2.37%1.77B

14.60%1.58B

102.22%1.73B

537.95%1.24B

-11.62%1.38B

25.76%1.69B

-1.04%854M

-79.08%195M

43.46%1.56B

Other current liabilities

--3.11B

-2.08%2.82B

16.82%2.95B

22.63%2.88B

-7.28%3.07B

-21.39%2.52B

-2.01%2.93B

8.74%2.35B

14.45%3.31B

-33.42%3.21B

Current liabilities

--97.79B

15.64%89.02B

24.96%103.33B

-15.58%76.98B

-2.57%82.78B

-10.88%82.69B

-1.95%88.92B

3.37%91.19B

-0.10%84.96B

-0.24%92.79B

Non current liabilities

Non current financial liabilities

--73.71B

19.67%76.08B

23.57%74.89B

7.06%63.58B

-0.25%58.86B

-0.78%60.6B

-4.36%60.37B

-7.33%59.38B

-9.55%59.01B

-7.11%61.08B

-Long term debt and capital lease obligation

--73.25B

19.21%75.62B

23.63%74.74B

7.02%63.43B

-0.31%58.7B

-0.83%60.45B

-4.42%60.22B

-7.34%59.27B

-9.49%58.89B

-7.12%60.96B

-Including:Long term debt

--44.65B

18.99%47.86B

12.78%42.38B

6.20%40.22B

-2.18%35.21B

4.35%37.58B

-1.98%37.92B

-1.74%37.87B

-5.94%35.99B

-5.70%36.01B

-Including:Long term capital lease obligation

--28.6B

19.60%27.76B

41.45%32.36B

8.47%23.21B

2.63%23.49B

-8.31%22.88B

-8.29%22.3B

-15.83%21.4B

-14.56%22.89B

-9.09%24.95B

-Other financial liabilities-Non current

--463M

211.33%467M

0.00%150M

29.31%150M

32.50%159M

25.00%150M

26.61%157M

-0.85%116M

-31.43%120M

-3.23%120M

Long term provisions

--6.78B

3.44%6.65B

5.34%6.57B

2.10%6.43B

0.72%6.43B

-2.03%6.24B

-3.23%6.33B

-3.85%6.3B

-3.87%6.38B

-3.91%6.37B

Long term pension and other post-retirement benefit plans

--2.01B

29.33%2.05B

47.07%2.36B

-6.72%1.58B

-6.85%1.59B

-6.58%1.6B

-6.63%1.68B

-5.78%1.7B

-6.05%1.71B

-7.29%1.72B

Other non current liabilities

--16M

-85.71%18M

75.59%223M

-42.99%126M

-43.95%125M

-46.41%127M

1.44%141M

58.99%221M

60.43%223M

70.50%237M

Total non current liabilities

--82.52B

18.24%84.8B

22.56%84.04B

6.09%71.71B

-0.47%67B

-1.20%68.58B

-4.30%68.52B

-6.85%67.6B

-8.82%67.32B

-6.68%69.41B

Total liabilities

--180.31B

16.89%173.81B

23.87%187.38B

-6.35%148.69B

-1.64%149.78B

-6.73%151.27B

-2.98%157.44B

-1.24%158.78B

-4.15%152.28B

-3.10%162.19B

Shareholders'equity

Share capital

--511M

0.00%511M

-common stock

--511M

0.00%511M

Additional paid-in capital

--20.74B

4.00%15.61B

3.00%15.57B

-0.40%15.01B

-0.41%15.14B

-0.89%15.11B

-0.84%15.1B

-3.64%15.07B

-2.72%15.2B

-39.39%15.25B

Retained earnings

--70.31B

15.62%67.83B

15.44%63.71B

11.40%58.67B

10.26%58.33B

8.52%55.19B

9.33%56.63B

10.87%52.67B

9.36%52.9B

37.17%50.86B

Less: Treasury stock

--504M

-10.26%35M

-11.36%39M

-13.73%44M

-16.39%51M

-25.00%51M

Other equity interest

--1.34B

-84.44%988M

-86.61%1.51B

-43.04%6.35B

-28.38%11.43B

-29.11%11.24B

-30.53%11.09B

-31.35%11.15B

-1.17%15.96B

-0.40%15.86B

Total stockholders'equity

--92.4B

5.47%84.91B

-0.92%81.25B

1.45%80.5B

1.00%85.36B

-0.50%82.01B

-0.19%83.29B

-0.62%79.35B

4.87%84.52B

4.87%82.42B

Noncontrolling interests

--437M

-24.70%5.13B

-18.04%5.25B

13.68%6.81B

13.70%6.75B

-5.92%6.41B

90.74%6.57B

101.85%5.99B

95.71%5.94B

19.26%6.81B

Total equity

--92.84B

3.12%90.03B

-2.16%86.51B

2.31%87.31B

1.83%92.11B

-0.91%88.42B

3.41%89.86B

3.05%85.34B

8.17%90.45B

5.85%89.23B

Currency Unit

JPY

Accounting Standards

NonUS-GAAP

	(Q3)Nov 30, 2025	(Q2)Aug 31, 2025	(FY)Feb 28, 2025	(Q2)Aug 31, 2024	(Q1)May 31, 2024	(FY)Feb 29, 2024	(Q3)Dec 31, 2023	(Q2)Sep 30, 2023	(Q1)Jun 30, 2023	(FY)Mar 31, 2023
Assets
Current assets
Cash, cash equivalents and short term investments	--16.93B	-31.65%13.33B	3.88%21.91B	-5.10%19.5B	-8.63%19.09B	1.11%21.09B	1.60%19.66B	7.10%20.55B	2.09%20.9B	-3.73%20.86B
-Cash and cash equivalents	--15.44B	-30.98%13.31B	4.32%21.75B	-4.82%19.28B	-8.54%18.84B	0.79%20.85B	1.35%19.44B	7.68%20.26B	2.24%20.6B	-3.35%20.69B
-Short term investments	--1.49B	-90.45%21M	-34.31%157M	-24.66%220M	-14.53%253M	40.59%239M	30.00%221M	-21.93%292M	-7.50%296M	-34.87%170M
Receivables	--42.68B	149.57%42.25B	116.21%38.78B	-6.36%16.93B	10.34%20.09B	-21.33%17.94B	-1.77%23.96B	-0.83%18.08B	-1.05%18.21B	4.26%22.8B
-Accounts receivable	--42.68B	149.57%42.25B	116.21%38.78B	-6.36%16.93B	10.34%20.09B	-21.33%17.94B	-1.77%23.96B	-0.83%18.08B	-1.05%18.21B	4.26%22.8B
Inventory	--33.94B	11.25%28.06B	6.04%27.76B	-16.36%25.23B	3.85%27.86B	0.30%26.18B	2.30%29.98B	8.43%30.16B	12.68%26.82B	11.76%26.1B
Other current assets	--1.93B	38.80%1.82B	44.71%1.68B	-23.99%1.31B	-8.28%1.24B	-7.92%1.16B	9.27%1.47B	13.85%1.73B	23.58%1.35B	1.28%1.26B
Total current assets	--95.48B	35.72%85.47B	35.81%90.13B	-10.70%62.97B	1.48%68.28B	-6.55%66.36B	0.45%75.07B	5.11%70.52B	5.50%67.28B	4.23%71.02B
Non current assets
Net PPE	--73.39B	1.13%72.04B	7.23%75.58B	1.94%71.23B	-0.26%71.51B	-5.24%70.49B	-4.23%69.51B	-4.79%69.87B	-5.28%71.7B	-3.63%74.38B
-Gross PP&E	--73.39B	1.13%72.04B	7.23%75.58B	1.94%71.23B	-0.26%71.51B	-5.24%70.49B	-4.23%69.51B	-4.79%69.87B	-5.28%71.7B	-3.63%74.38B
Total investment	--21.73B	79.30%23.08B	85.12%23.41B	0.41%12.87B	-1.65%12.69B	-13.75%12.64B	-10.34%12.97B	-11.59%12.82B	-7.24%12.91B	1.30%14.66B
-Long-term equity investment	--5.41B	431.01%5.5B	419.48%6.05B	-24.56%1.04B	-23.09%1.02B	-61.87%1.17B	-35.40%1.37B	-34.73%1.37B	-38.16%1.32B	71.53%3.06B
-Financial asset investment	--16.32B	48.54%17.58B	51.19%17.36B	3.40%11.84B	0.79%11.68B	-1.08%11.48B	-6.05%11.6B	-7.67%11.45B	-1.63%11.59B	-8.56%11.6B
-Including:Available-for-sale securities	--16.32B	48.54%17.58B	51.19%17.36B	3.40%11.84B	0.79%11.68B	-1.08%11.48B	-6.05%11.6B	-7.67%11.45B	-1.63%11.59B	-8.56%11.6B
Goodwill and other intangible assets	--78.69B	-5.64%78.62B	-5.98%79.02B	-1.33%83.32B	-0.76%83.74B	-0.38%84.05B	7.90%84.3B	8.09%84.44B	6.71%84.38B	0.67%84.37B
-Other intangible assets	--78.69B	-5.64%78.62B	-5.98%79.02B	-1.33%83.32B	-0.76%83.74B	-0.38%84.05B	7.90%84.3B	8.09%84.44B	6.71%84.38B	0.67%84.37B
Deferred tax assets-non current	--3.24B	-14.40%4.03B	-4.24%5.03B	-16.51%4.71B	-15.34%4.77B	-14.87%5.26B	-45.58%4.6B	-41.79%5.64B	-39.05%5.64B	-15.42%6.18B
Other non current assets	--619M	-31.97%617M	-20.52%705M	8.23%907M	7.33%893M	7.65%887M	3.69%842M	3.97%838M	4.00%832M	3.39%824M
Total non current assets	--177.67B	3.09%178.38B	6.02%183.75B	-0.33%173.03B	-1.05%173.61B	-3.93%173.32B	-1.27%172.23B	-1.64%173.6B	-1.84%175.45B	-1.72%180.41B
Total assets	--273.15B	11.80%263.85B	14.27%273.88B	-3.33%236B	-0.35%241.89B	-4.67%239.69B	-0.75%247.29B	0.22%244.12B	0.10%242.73B	-0.11%251.42B
Liabilities
Current liabilities
Financial liabilities	--52.57B	5.73%45.94B	19.01%57.33B	-20.50%43.45B	-10.30%47.37B	-12.73%48.18B	-1.62%49.84B	5.48%54.66B	-2.76%52.81B	-4.34%55.2B
-Current debt and capital lease obligation	--52.38B	5.91%45.68B	18.78%57.18B	-21.08%43.13B	-10.37%47.33B	-12.60%48.14B	-1.38%49.68B	5.48%54.66B	-2.76%52.81B	-4.55%55.08B
-Including:Current debt	--41.11B	5.92%33.94B	21.06%44.4B	-25.42%32.05B	-12.30%35.8B	-13.81%36.68B	1.53%39.22B	6.36%42.97B	-3.65%40.82B	-5.95%42.55B
-Including:Current capital Lease obligation	--11.26B	5.91%11.74B	11.48%12.78B	-5.13%11.09B	-3.83%11.53B	-8.51%11.47B	-10.93%10.46B	2.36%11.68B	0.40%11.98B	0.55%12.53B
-Other financial liabilities	--197M	-19.31%259M	328.57%150M	15,950.00%321M	780.00%44M	-70.83%35M	-44.79%159M	-33.33%2M	0.00%5M	11,900.00%120M
Payables	--42.1B	31.36%40.25B	34.56%43.05B	-10.34%30.64B	12.12%32.34B	-6.93%32B	-2.38%36.15B	-0.15%34.18B	3.57%28.84B	12.76%34.38B
-accounts payable	--40.19B	33.09%38.49B	35.46%41.48B	-13.22%28.92B	8.54%31.09B	-6.70%30.62B	-3.44%34.46B	-0.13%33.32B	6.44%28.64B	11.62%32.82B
-Total tax payable	--1.91B	2.37%1.77B	14.60%1.58B	102.22%1.73B	537.95%1.24B	-11.62%1.38B	25.76%1.69B	-1.04%854M	-79.08%195M	43.46%1.56B
Other current liabilities	--3.11B	-2.08%2.82B	16.82%2.95B	22.63%2.88B	-7.28%3.07B	-21.39%2.52B	-2.01%2.93B	8.74%2.35B	14.45%3.31B	-33.42%3.21B
Current liabilities	--97.79B	15.64%89.02B	24.96%103.33B	-15.58%76.98B	-2.57%82.78B	-10.88%82.69B	-1.95%88.92B	3.37%91.19B	-0.10%84.96B	-0.24%92.79B
Non current liabilities
Non current financial liabilities	--73.71B	19.67%76.08B	23.57%74.89B	7.06%63.58B	-0.25%58.86B	-0.78%60.6B	-4.36%60.37B	-7.33%59.38B	-9.55%59.01B	-7.11%61.08B
-Long term debt and capital lease obligation	--73.25B	19.21%75.62B	23.63%74.74B	7.02%63.43B	-0.31%58.7B	-0.83%60.45B	-4.42%60.22B	-7.34%59.27B	-9.49%58.89B	-7.12%60.96B
-Including:Long term debt	--44.65B	18.99%47.86B	12.78%42.38B	6.20%40.22B	-2.18%35.21B	4.35%37.58B	-1.98%37.92B	-1.74%37.87B	-5.94%35.99B	-5.70%36.01B
-Including:Long term capital lease obligation	--28.6B	19.60%27.76B	41.45%32.36B	8.47%23.21B	2.63%23.49B	-8.31%22.88B	-8.29%22.3B	-15.83%21.4B	-14.56%22.89B	-9.09%24.95B
-Other financial liabilities-Non current	--463M	211.33%467M	0.00%150M	29.31%150M	32.50%159M	25.00%150M	26.61%157M	-0.85%116M	-31.43%120M	-3.23%120M
Long term provisions	--6.78B	3.44%6.65B	5.34%6.57B	2.10%6.43B	0.72%6.43B	-2.03%6.24B	-3.23%6.33B	-3.85%6.3B	-3.87%6.38B	-3.91%6.37B
Long term pension and other post-retirement benefit plans	--2.01B	29.33%2.05B	47.07%2.36B	-6.72%1.58B	-6.85%1.59B	-6.58%1.6B	-6.63%1.68B	-5.78%1.7B	-6.05%1.71B	-7.29%1.72B
Other non current liabilities	--16M	-85.71%18M	75.59%223M	-42.99%126M	-43.95%125M	-46.41%127M	1.44%141M	58.99%221M	60.43%223M	70.50%237M
Total non current liabilities	--82.52B	18.24%84.8B	22.56%84.04B	6.09%71.71B	-0.47%67B	-1.20%68.58B	-4.30%68.52B	-6.85%67.6B	-8.82%67.32B	-6.68%69.41B
Total liabilities	--180.31B	16.89%173.81B	23.87%187.38B	-6.35%148.69B	-1.64%149.78B	-6.73%151.27B	-2.98%157.44B	-1.24%158.78B	-4.15%152.28B	-3.10%162.19B
Shareholders'equity
Share capital	--511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M
-common stock	--511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M	0.00%511M
Additional paid-in capital	--20.74B	4.00%15.61B	3.00%15.57B	-0.40%15.01B	-0.41%15.14B	-0.89%15.11B	-0.84%15.1B	-3.64%15.07B	-2.72%15.2B	-39.39%15.25B
Retained earnings	--70.31B	15.62%67.83B	15.44%63.71B	11.40%58.67B	10.26%58.33B	8.52%55.19B	9.33%56.63B	10.87%52.67B	9.36%52.9B	37.17%50.86B
Less: Treasury stock	--504M	-10.26%35M	-11.36%39M	-11.36%39M	-13.73%44M	-13.73%44M	-13.73%44M	-13.73%44M	-16.39%51M	-25.00%51M
Other equity interest	--1.34B	-84.44%988M	-86.61%1.51B	-43.04%6.35B	-28.38%11.43B	-29.11%11.24B	-30.53%11.09B	-31.35%11.15B	-1.17%15.96B	-0.40%15.86B
Total stockholders'equity	--92.4B	5.47%84.91B	-0.92%81.25B	1.45%80.5B	1.00%85.36B	-0.50%82.01B	-0.19%83.29B	-0.62%79.35B	4.87%84.52B	4.87%82.42B
Noncontrolling interests	--437M	-24.70%5.13B	-18.04%5.25B	13.68%6.81B	13.70%6.75B	-5.92%6.41B	90.74%6.57B	101.85%5.99B	95.71%5.94B	19.26%6.81B
Total equity	--92.84B	3.12%90.03B	-2.16%86.51B	2.31%87.31B	1.83%92.11B	-0.91%88.42B	3.41%89.86B	3.05%85.34B	8.17%90.45B	5.85%89.23B
Currency Unit	JPY	JPY	JPY	JPY	JPY	JPY	JPY	JPY	JPY	JPY
Accounting Standards	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP	NonUS-GAAP

Amidst the global market turbulence triggered by the US-Europe dispute over Greenland, a single post by Trump instantly reversed market tren Show More

Futubull Options Sir

Jan 19 17:47

Options Weekly 0119 | Greenland tariff standoff, gold and silver surge again, shocking reversal in Fed chair nominee! Watch Intel, Netflix earnings reports

杨杨得億

Jan 20 13:42

The real danger in the 2026 market isn't black swan events, but rather the changes you've become accustomed to ignoring.