Toshiba 2011 Annual Report Download - page 126

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Notes to Consolidated Financial Statements
Toshiba Corporation and Subsidiaries
March 31, 2011
Thousands of U.S. dollars
March 31, 2011
VIEs involved in
Electronic Devices
VIEs involved in
Social Infrastructure
Total assets of VIEs $ 5,034,988 $ 894,831
Carrying amounts of assets that relate to the Group’s variable interests in the VIEs 2,116,735 586,795
Carrying amounts of liabilities that relate to the Group’s variable interests in the VIEs 309,036 —
Maximum exposures to losses $ 2,617,229 $ 586,795
Carrying amounts of assets that relate to the Group’s variable interests in the VIEs consisted primarily of investment in
and advances to affiliates. The Group’s maximum exposures to losses, which include primarily equity investments, loans
and guarantees, generally do not have any relations to the losses anticipated to be incurred from the Group’s involvement
with the VIEs and are considered to exceed the anticipated losses significantly.
30. SEGMENT INFORMATION
Beginning with the fiscal year ended March 31, 2010, the Company adopted ASC No.280 “Segment Reporting”. The
segments reported below are the components of the Group for which discrete financial information is available and whose
results are regularly reviewed by the management of the Group to make decisions about allocation on resources and assess
performance.
The Group evaluates the performance of its business segments based on segment operating income (loss). The Group’s
segment operating income (loss) is derived by deducting the segment’s cost of sales and selling, general and administrative
expenses from net sales. Certain operating expenses such as restructuring charges and gains (losses) from the sales or
disposal of fixed assets are not included in it.
The Group has 5 business segments, (1)Digital Products, (2)Electronic Devices, (3)Social Infrastructure, (4)Home
Appliances and (5)Others, identified in accordance with the similarities of the nature of the products, the production
processes and markets, etc.
The business segments information is disclosed in the current classification, following changes of the structure of the
Group’s internal organization at the beginning with the fiscal year ended March 31, 2011.
Principal products that belong to each segment are as follows.
(1) Digital Products: Personal computers, Visual products, Hard disk drives, Multi-function
peripherals, etc.
(2) Electronic Devices: Semiconductors, Liquid crystal displays, etc.
(3) Social Infrastructure: Energy-related equipment, Medical equipment, IT solutions, Elevators, etc.
(4) Home Appliances: Refrigerators, Washing drying machines, Light fixtures, Air-conditioners, etc.
(5) Others: Logistics Service, etc.
BUSINESS SEGMENTS
Financial information by segments as of and for the years ended March 31, 2011 and 2010 are as follows:
As of and for the year ended March 31, 2011 Millions of yen
Digital
Products
Electronic
Devices
Social
Infrastructure
Home
Appliances Others Total Corporate and Eliminations Consolidated
Net sales
(1) Unaffiliated customers ¥ 2,228,815 ¥ 1,294,981 ¥ 2,192,759 ¥ 578,211 ¥ 103,739 ¥ 6,398,505 ¥ — ¥ 6,398,505
(2) Intersegment 99,822 52,727 74,888 21,574 249,160 498,171 (498,171) —
Tota l ¥ 2,328,637 ¥ 1,347,708 ¥ 2,267,647 ¥ 599,785 ¥ 352,899 ¥ 6,896,676 ¥ (498,171) ¥ 6,398,505
Segment operating income (loss) ¥ 13,185 ¥ 86,841 ¥ 137,120 ¥ 8,751 ¥ (7,612) ¥ 238,285 ¥ 1,988 ¥ 240,273
Identifiable assets ¥ 1,010,655 ¥ 1,251,931 ¥ 2,537,293 ¥ 341,103 ¥ 343,086 ¥ 5,484,068 ¥ (104,749) ¥ 5,379,319
Depreciation and amortization 31,022 134,565 68,576 16,831 7,796 258,790 — 258,790
Capital expenditures 26,189 116,587 96,447 13,928 8,518 261,669 — 261,669