Toshiba 2000 Annual Report Download - page 32

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30
Share gains in the Japanese market
were recorded in such small appliances
as microwave ovens, rice cookers and vacuum
cleaners. Toshiba reinforced its leadership of the
vacuum cleaner market with the March 2000 launch
of an exhaust-free model.
Enhanced efficiency also underpinned a May
1999 agreement with AB Electrolux, the major
European appliance manufacturer, to collaborate in
household appliances. The two companies will
cooperate in such areas as technology exchanges,
product development, product and parts sourcing
and environmental measures. With 13 working
In this segment covering other aspects of Toshiba’s
business, leasing and other financial services, real
estate leasing and sales and distribution services
are the primary sources of sales. Over the year,
net sales decreased two percent to ¥473.4 billion,
declining from eight percent to seven percent of
total sales.
Others
100
200
300
400
1998 1999 2000
Net Sales
(¥ billion)
Mar.
groups studying the best
ways to advance in specific fields, the partners
launched their first jointly developed product in
February 2000: a home-use espresso maker. In
Egypt, Toshiba has a technology sharing agree-
ment for refrigerators with El-Araby Co. Similar
agreements exist with Xi’an Changling Refrigerator
Co., Ltd., GD Midea Holding Co., Ltd. and
Shangdong Xiaoya Group Co., Ltd. in China,
positioning Toshiba to make inroads in the
home-appliance markets of the Middle East,
Africa and China.
Share of Net Sales
%
Mar. 1998 1999 2000
7.7 7.9 7.2
Note:Segment sales include intersegment transactions.
This vacuum cleaner, a big hit with
the public, circulates exhaust inter-
nally, and so eliminates
emissions.
Delicious espresso comes to the home
with this coffee maker jointly developed
with Sweden’s Electrolux.