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Please explain your ideas about Toshiba Group’s basic strategies of
“transforming business structure” and “restructuring of businesses”?
Since assuming the presidency, I have been working to transform Toshiba Group into a top-level diversi ed
electric/electronic manufacturer with strong global competitive power. One key part of our basic management
strategy is to press ahead with the “restructuring of businesses.” Using FY2008 as a reference point, over a
period of three years starting from FY2009, we have achieved a reduction in  xed costs of about ¥1,500 billion,
and with regard to variable costs, we have also significantly reduced procurement and logistics costs. As a
result, operating income, income before taxes and net income were all brought back to the levels attained prior
to the financial crisis. At present, while continuing the restructuring of certain of our businesses, we are
accelerating the transformation of our business structure by such means as focusing on growth businesses and
developing new business areas, and by shifting our business portfolio to emphasize Business to Business (B to
B), we aim to strengthen our pro t-making base. In FY2011, we transferred our LCD business to Japan Display
Inc., and as a future growth business, we acquired the Swiss company Landis+Gyr AG, the global leading player
in the Smart Meter industry. We have reinforced our global Smart Community business infrastructure through
global alliances.
Based on the results of our e orts to build a strong pro t-making business structure, which we have been
implementing over the past three years, we are now moving ahead along the path of growth.
Going forward, we will continue to work to globally achieve sustained growth with improved pro tability
through our basic management strategies of focusing on accelerating the growth of new and growing
businesses and establishing new profit bases. In FY2014 we aim to achieve net sales of ¥7.8 trillion and
operating income of ¥450 billion.
Q1
An Interview with the President
To become an even stronger global contender, we
are shifting our business portfolio further toward
Business to Business. Then, we will expand these
businesses by means of Total Energy Innovation and
Total Storage Innovation.
An Interview with the President
06 TOSHIBA Annual Report 2012