Toshiba 2010 Annual Report Download - page 31

Download and view the complete annual report

Please find page 31 of the 2010 Toshiba annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 122

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122

Going forward, we will continue our efforts
to meet domestic demand for plant upgrades and
maintenance services and to respond to overseas
demand for new power plant, and will seek to
contribute to solutions for mitigating climate
change and achieving energy security.
Our transmission and distribution (T&D) systems
assure stable electricity supply. Our industrial
systems and components deliver broad support
across manufacturing. We fuse advanced control
and information technology in state-of-the-art
railway transportation systems, in Japan and
overseas. And we are responding to growing
investment in the environment and infrastructure
by moving into environmentally friendly
businesses at the global level.
In FY2009, the recession and slow markets
impacted on our results, especially in industrial
systems. Despite cutting fixed costs and
strengthening procurement, we recorded lower
sales and profitability.
Under an MOU with an Indian state-owned
corporation, we are considering a joint venture to
manufacture and market our T&D equipment and
systems. We are enlarging our smart grid business
through a new dedicated organization.
Pilot plant CO2 separation and capture plant,
(Sigma Power Ariake Co. Ltd.’s Mikawa Power
Plant)
Expectations are rising for a technology capable of
capturing and storing the CO
2
emitted from
thermal power plants. Our pilot project aims to
develop a low-energy, amine absorbing liquid
system capable of separating and collecting CO
2
.
*1: Sanmen Nuclear Power Station, Zhejiang Province, and Haiyang
Nuclear Power Station, Shandong Province, China
*2: Charlotte, North Carolina
*3: Tamil Nadu, Chennai, India, a joint venture with Jindal South West
Group
*4: Toshiba Hydro Power (Hangzhou) Co., Ltd.
Power conditioner
Power plant
Nuclear power
Thermal power
Hydro power
Photovoltaic
power
generation
Wind power
generation
Meter data management system
Micro energy management system
Home Office Factory
Storage battery system for power supply
Smart
meter
Smart
meter
Smart
meter
Power conditioner
Power conditioner
Storage battery
Storage battery
Storage battery
Schematic representation of a smart grid
Our solutions for stable electricity supply cover
nuclear, thermal and hydro power systems. The
upgrade and maintenance of power plants in
Japan provides us with a firm business base for
expanding our overseas operations.
Yen appreciation impacted negatively on
overseas projects in FY2009, but we nonetheless
generated increased sales, largely on orders for
new nuclear power plants. Increased sales and
cuts in fixed costs helped us to increase operating
profit.
In the Nuclear Power Systems business, we
began to construct two plants in China that will
house the world’s most advanced pressurized
water reactors.*1 New engineering facilities at the
Isogo Engineering Center in Yokohama, and in the
United States*2 will support globalization of our
business.
We are readying for anticipated global
demand growth in thermal and hydro power
generation by constructing a production facility
for thermal power steam turbines and generators
in India*3 and by increasing capacity at our hydro
power generation facility in China.*4 We have also
begun work on a pilot plant for a CO2 separation
and capture system, a new eco-conscious
business area.
Power Systems Company
Transmission Distribution & Industrial
Systems Company
TOSHIBA Annual Report 2010 29