The Nada-kai Sword Auction Semi-Annual Event took place on December 3rd in a hotel convention room in Noda. This is the third time this year that the semi-annual convention was held on December 3rd in line with the annual convention on June 3rd. Thanks to all of you, this year we were able to set new records, albeit only slightly better than the past two years, in terms of attendance and turnout. It was a fulfilling day for all the staff. The Noda-Kai Sword Auction first started in 1992 and is now 31 years old. At this event, fifty-five sword dealers gathered and bought and sold a lot of swords and fittings, making this semi-annual event exciting. We will strive to continue to boost the spirits of our Noda-Kai Sword Auction into the future.