Toshiba 2000 Annual Report Download - page 22

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20
■The March 2000 agreement with General
Electric Company of the U.S. on a joint venture
in industrial control systems. Once it starts
operation in October 2000, the combined
resources of its parents will allow the new
company to better meet the demands of
current clients and to enter new markets.
Efficiency gains in sales, engineering and
maintenance are expected to shape an
extremely competitive operation.
■The December 1999 decision to spin off
Toshiba Corporation’s industrial systems busi-
ness into two subsidiaries, one dedicated to
manufacturing the other sales, in order to
enhance cost competitiveness and respon-
siveness to market shifts. The new companies
began operations in April 2000.
The medical systems business experienced a
year of slowing demand and moves to curb
medical costs that caused sales to decline. The
company responded with competitive products,
including the Aquilion multi-slice CT system,
which integrates the world’s fastest CT scanner
with the world’s widest multi-slice detector.
Aquilion covers larger areas at higher speed and
in more detail than other CT scanners, signifi-
cantly cutting burdens on patients in terms of
scanning time, exposure to x-ray radiation and
the use of contrast agent.
Toshiba’s reputation in the elevator and esca-
lator business was burnished by winning a con-
tract to construct the world’s fastest elevators for
Taipei Financial Center, Taiwan. In other
business, the superiority of the company’s
machine-room-less SPACEL elevator generated
strong sales that are expected to continue in
2000 and beyond, as the majority of elevators
make the switch to this technology. Another
highlight was expansion of a technology sharing
agreement with Kone Corporation of Finland.
The latest
addition
to the
Acquilion™
series sets
the standard for multi-slice CT systems.
It offers an unrivaled half-second full-
rotation scanning, the fastest in the
world, and the ability to produce
images of four slices simultaneously.
The panorama elevator at Saga
Prefectural Aerospace Science
Hall is an attraction in itself. It
holds up to 43 people and
travels at a speed of 35 meters
per minute.