Toshiba 2007 Annual Report Download - page 14

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12
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TO OUR SHAREHOLDERS
In FY2006,Toshiba Group selected “TOSHIBA Leading Innovation” as its new global corporate
brand tagline to clearly express the core corporate value that we promise to our customers
and society. We are determined to continue to transform our corporate culture and organi-
zation in order to encourage and sustain constant innovation throughout the Toshiba
Group,making it an even more dynamic Group that is filled with vigor and creative energy.
Our mainstay businesses span the three domains of Digital Products, Electronic
Devices and Social Infrastructure, and we aim to ensure strong growth and high profit
over a sustained period of time in these businesses. In the nuclear power business, part
of the Social Infrastructure domain, we have completed the acquisition of the
Westinghouse Group, a major step forward in our global expansion in this business field.
In FY2006’s consolidated business performance, net sales were 7,116.4 billion yen (a
surge of 772.9 billion yen over the previous fiscal year), operating income was 258.4 billion
yen (up by 17.8 billion yen), and net income was 137.4 billion yen (an increase of 59.2 bil-
lion yen). Consolidated net sales and operating income were at the highest levels we have
ever recorded. Favorable as they were, however, those results are only one milestone on
our journey. In April 2007, we announced our mid-term business plan, called “Vision 2010,”
which declares our aim to achieve net sales of 9,500 billion yen and operating income of
480 billion yen by the end of FY2010. Towards that goal, we will strive to improve our net
sales and operating income ratio and build an even more robust earnings structure.
We position the fulfillment of corporate social responsibility (CSR) as one of the
main pillars of Toshiba’s management. We place the utmost priority on respecting
human life and safety and fully complying with the letter and spirit of laws and regula-
tions in all of our business activities around the world. Our corporate culture and funda-
mental values emphasize the central importance of engaging in strictly ethical behavior
at all times. Toshiba as “a corporate citizen of planet Earth” is deeply committed to help-
ing to protect the environment, and we aspire to take a leadership role in working
toward the achievement of a sustainable society. As we do so, we hope that our share-
holders will continue to extend the same strong support we have enjoyed until now.
TO OUR SHAREHOLDERS
Tadashi Okamura
Chairman of the Board of Directors
Atsutoshi Nishida
Director, President and CEO