Toshiba 2006 Annual Report Download - page 51

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DIVIDEND
Toshiba will pay 3.5 yen per share as a year-end dividend. Combined with the 3 yen interim dividend, the total full-term divi-
dend will be 6.5 yen per share, an increase of 1.5 yen per share from the previous year.
Payment of the year-end dividend will start on June 2, 2006.
RESULTS BY INDUSTRY SEGMENT
Billions of yen
Net Sales Operating Income (loss)
Year ended March 31 — Change (%) — Change
Digital Products 2,536.5 14% 20.9 +13.6
Electronic Devices 1,388.1 6% 123.3 +30.8
Social Infrastructure 1,882.3 7% 76.5 +27.9
Home Appliances 687.5 4% 2.7 +6.0
Others 379.8 2% 18.0 +8.2
Eliminations –530.7 — –0.8 –0.7
Total 6,343.5 9% 240.6 +85.8
DIGITAL PRODUCTS
Consolidated net sales of Digital Products increased by ¥312.3 billion or 14% to ¥2,536.5 billion (US$21,679.9 million). The
Personal Computers business saw sales increase from a year ago on overseas sales growth, mainly in the US and Europe. The
Digital Media Network business saw sales increase on higher sales of storage devices. The Mobile Phones business also
increased sales, as new products, mainly high-end models, met a positive response in the Japanese market. The Retail
Information and Office Document Processing Systems business also increased sales.
Consolidated operating income of Digital Products was ¥20.9 billion (US$178.3 million), an improvement of ¥13.6 bil-
lion from a year earlier, as a result of improved operating income in the Mobile Phones business and storage devices, despite
adverse impacts from exchange rate fluctuations, and price erosion in such products as DVD recorders.
ELECTRONIC DEVICES
Electronic Devices increased consolidated net sales by ¥80.9 billion to ¥1,388.1 billion (US$11,864.0 million). The
Semiconductor business saw increased sales against the previous year on strong sales of memories, mainly NAND flash
memory. Sales in the LCD business were comparable with FY2004, as overseas sales increased despite significant price ero-
sion. The Display Devices & Components business reported a significant sales decline, reflecting the cessation of production
of some cathode-ray-tube related products.
Consolidated operating income in Electronic Devices was ¥123.3 billion (US$1,053.7 million), an increase of ¥30.8 bil-
lion. The Semiconductor business increased its operating income. The LCD business remained profitable through cost
reduction programs, though on decreased operating income due to price erosion.
SOCIAL INFRASTRUCTURE
Social Infrastructure saw consolidated net sales of ¥1,882.3 billion (US$16,087.7 million), ¥117.0 billion higher than for the
previous year. Sales in the Medical Systems business rose from a year earlier, on strong sales of multi-slice CT scan systems
mainly in the US. The Industrial and Power Systems & Services business saw a sales increase from FY2004, reflecting the
transition of the power transmission and distribution businesses to the parent from a dissolved joint venture. The Social
Network & Infrastructure Systems business also increased its sales against the previous year, as a result of higher sales of
broadcasting systems, while the IT Solutions business saw a slight decline in sales, due to decreased orders for the public sec-
tor. Sales in the Elevator business were flat compared to the previous year, as sluggish domestic sales undermined higher
overseas sales.
Consolidated operating income in Social Infrastructure was ¥76.5 billion (US$654.3 million), a ¥27.9 billion increase
from the year earlier period. The Medical Systems, IT Solutions, Industrial and Power Systems & Services, and Social
Network & Infrastructure Systems businesses improved their performance from the previous year, while the Elevator busi-
ness saw a decline in operating income.