InnoTrans is the world's leading business meeting place for transport technology. A total of 2,651 exhibitors from 48 countries presented their innovative products and services at InnoTrans 2012. The 173,295 trade visitors came to Berlin from more than 100 countries. Hitachi's presence at InnoTrans 2012 was very well received by the European railway industry. We had meetings with operators, suppliers, and senior stakeholders from many European countries who were clearly delighted to have a new quality supplier open for business in their market.