Toshiba 2011 Annual Report Download - page 12

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An Interview with the President
With regard to renewable energy, which we have long been concentrating on, our strategic policy
is to further accelerate our capabilities and market position in this business field. In addition to
providing renewable energy in power generation fields in which Toshiba already possesses an
extensive record of experience such as our solar photovoltaic systems with their world-leading
effi ciency, our top share in mega-solar power generation in Japan, hydroelectric power, in which
we have the world’s leading high-head, adjustable-speed pumped-storage technology, and
geothermal power generation equipment, in which we have the world’s top market share, we will
expand into new energy fi elds such as solar power and wind power. In the future, by means of our
global business development strategies, including the establishment of strategic business
alliances, we will further expand and actively move more extensively into wider areas in the
renewable energy market. For example, with regard to wind power, we have entered into a
strategic business alliance based on our taking a stake in Unison Co., Ltd., a long-established
innovative Korean wind power equipment manufacturer. This alliance will help us expand into this
business through the co-development and marketing of high-effi ciency wind power generators.
With regard to Toshiba’s energy-related businesses you are following a strategic
policy of strengthening Toshiba’s renewable energy businesses. What is your
vision about the future of Toshiba’s energy-related businesses?
Q
A
technologies that collect and control data. For this purpose, we recently acquired Landis + Gyr AG, a
company that has the leading global position in energy management solutions for utilities.
Innovation Network Corporation of Japan, a public-private partnership funded by the Japanese
government and private corporations, has become a strategic partner by taking a 40% equity stake
in that company. Landis + Gyr has developed its AMI (Advanced Metering Infrastructure) business
that is essential for Smart Grids in more than 30 countries around the world and is proud of its
world’s No. 1 share in Smart Meters. By utilizing the extensive customer network that this company
has developed, we will accelerate the global development of Smart Communities. In addition, by
utilizing the abundant social infrastructure business applications Toshiba possesses, we will also
promote development into new application fields. Furthermore, I think that for the Smart
Community to function organically the integration of our strength in power control technologies
with data processing and computing cloud services is essential, and we will go forward with our
strategic policy of establishing alliances with leading-edge IT partners. For example, in June, we
announced plans to work together with Hewlett-Packard on integrating Smart Community
technologies and exploring global business projects in this fi eld.
By creating comprehensive energy-management systems and maximizing the synergistic
effects of integrating technologies, products and services to create new business opportunities,
we will further accelerate the global development of Smart Community-related businesses and
become a leading global company in this business field. By aggressively promoting our Smart
Community business strategies, we are aiming for net sales of ¥900 billion in FY2015.
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