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TOSHIBA ANNUAL REPORT 1999
Page
29.
97 98 99
300
1,200
-10
600 0
900 10
20
Net Sales
(¥ billion) (%)
Sales Annual Increase (%)
Share of Net Sales %
Mar. ’97 ’98 ’99
18.9 18.3 16.6
Note: Segment sales include intersegment
transactions.
Mar.
In liquid crystal displays (LCDs), Toshiba focused on improving resolution and bril-
liance while enhancing reliability by using fewer parts. The company demonstrated its
technological leadership by commercializing the world’s first low-temperature
polysilicon TFT LCDs. Both power consumption and thickness are lower than in conven-
tional amorphous LCDs. This revolutionary color display, already launched and adopted
by set customers, ranges in size from a 4-inch type for PDAs to 8.4 inches for mobile
terminals and 10.4 inches for notebook PCs. Mass production started in March 1999 and
the sharp images and vivid colors of the displays have already won excellent reviews.
POWER & INDUSTRIAL SYSTEMS
Sales in this segment were down 12 percent to ¥990.0 billion (US$8,182 million). Both
power plants and equipment and industrial equipment were hurt by low capital spending
in Japan and the lingering effects of Asia’s economic downturn.
Total orders received for power generation equipment and systems substantially
declined against the previous year. Large orders awarded include inspection and upgrad-
ing work at Fukushima No. 1 Nuclear Power Station, operated by Tokyo Electric Power
Co., Inc.; generating equipment for the Hekinan Thermal Power Station op-
erated by Chubu Electric Power Co., Inc.; and construction of the Callide
Thermal Power Station in Australia. Toshiba plans to seek business opportu-
nities throughout Asia in an effort to raise the volume of orders. One high-
light of the year was the October 1998 completion of replacement of a
reactor shroud at Unit No. 3 of Fukushima No. 1, the first project of its kind
in the world.
In power transmission, Toshiba demonstrated its technical edge by deliv-
ering a new type of GIS equipped with the world’s first 550kV single-point
circuit breaker (GCB) to the Nishishimane Substation of Chugoku Electric
Power Co., Inc. and other facilities. Following up on a major backlog of
orders for hydroelectric power contracts in Vietnam and the Philippines,
Toshiba captured a large order from the Power Authority of Indonesia.
Toshiba thus retained its position as Japan’s largest supplier of hydroelectric
power systems.
To preserve superiority in thermal power generation, Toshiba has formed
an alliance with General Electric Company in the field of next-generation,
combined-cycle generation systems that employ 1,500°C-class gas turbines.
The two companies are cooperating in the development of the component