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28
Business Review
Social Infrastructure Segment
Share of the U.S. steam turbine and generator market for 2007
MWe Share (%)
1Toshiba 4,323.0 64.1
2Siemens 1,633.0 24.2
3Fuji Electric Systems 286.0 4.2
4General Electric 285.0 4.2
5Dresser-Rand 101.3 1.5
Others 112.3 1.8
Total 6,740.6 100.0
64.1%
Source: McCoy Power Report “Steam Turbine Report 2007”
POWER SYSTEMS COMPANY
The FY2007 full year consolidation of the Westinghouse Group for the first time (the
group was consolidated during the second half of the previous year), along with a
notably strong performance in the thermal power business, supported us in achieving
significantly increased sales and operating income.
Our basic strategy is to build up overseas business while reinforcing our presence in
the service business, including corrective power plant maintenance, in the Japanese
market. In the nuclear energy business, Westinghouse received orders for four PWR
Consolidated segment sales increased by 351.3 billion yen to 2,419.0 billion yen. The
Power Generation Systems business saw solid sales of thermal power plant and
equipment, mainly overseas, and the consolidation of the Westinghouse Group also
boosted sales. The Transmission Distribution & Industrial Systems business recorded
higher sales on good performances in transmission and distribution systems, and
transportation systems. Sales in the Medical Systems business rose on improved
overseas sales. The IT Solutions business and the Elevator business also saw
increased sales. The Social Infrastructure Systems business booked lower sales, as
broadcasters completed initial capital investments in digital broadcasting.
Consolidated operating income rose by 34.5 billion yen to 131.3 billion yen.
While results slipped in the Social Infrastructure Systems business, both the Power
Generation Systems business and the Transmission Distribution & Industrial Systems
business posted solid results. The Medical Systems business and IT Solutions busi-
ness saw the same high profitability as in the previous period, and the Elevator busi-
ness also recorded a good performance.
Transmission Distribution & Industrial Systems Company was established on
April 1, 2008, following partial reorganization of Power Systems Company, Industrial
Systems Company and Social Infrastructure Systems Company.
Toshiba’s position in the market