Toshiba 2011 Annual Report Download - page 19

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FY2010 Result
FY2011 Forecast
FY2013 Plan
CAGR FY2011-FY2013
Digital Products Segment
Net Sales 2,328.6 2,550.0 3,100.0 10%
Operating income
13.2 20.0 40.0
Electronic Devices Segment
Net Sales 1,347.7 1,450.0 1,850.0 13%
Operating income
86.8 140.0 270.0
Social Infrastructure Segment
Net Sales 2,267.7 2,500.0 3,000.0 10%
Operating income
137.1 150.0 200.0
Home Appliances Segment
Net Sales 599.8 650.0 700.0 4%
Operating income
8.8 10.0 15.0
(Billions of yen)
TOSHIBA Annual Report 2011
17
Numerical Targets
Investment and R&D Expenditure
Accelerating business structure transformation by prioritizing investment in new and growing business areas
Strengthen sales outside Japan to achieve double-digit growth
Establishing a financial base that makes for both growth and soundness
6,398.5
7,000.0
7,700.0
240.3
300.0
400.0
500.0
8,500.0
Increase ratio of sales
outside Japan
Net Sales CAGR: 10%
(FY2010 to FY2013)
(Billions of yen)
GDP CAGR 7%*2
FY10 FY11 FY12 FY13
FY2010 FY2013
CAGR*1
Emerging
economies
32%
24%
31%
45%
Toshiba
Market
20.1%
10.4%
U.S., Europe
33%
12.4%
4.5%
Japan
35%
1.4%
1.2%
Net Sales
Operating Income
55% 65%
Expand resources for growth
by securing enough capital
¥240.3 billion
Secure capital funds for achieving high growth of strategic businesses
Restarted sustained
growth with steadily
higher profit
Operating Income
Shareholders’ equity ratio
D/E ratio*3ROI*4
March 31, 2011
Transformation
to a robust
financial structure
March 31, 2012
Secure funds to
accelerate
growth
March 31, 2014
16 % 10 %125 %
¥300 billion 18 % 13 %100 %
¥500 billion 22 % 20 %
50 %
1,450
1,300 1,100
1,070
1,
300 1,1
00
1
,
07
0
FY11-13FY10-12 FY11-13FY10-12
Digital Products
Enhance global competitiveness
by transforming business structure
Increase production of enterprise-use
SSD and HDD storage
(Billions of yen)
Capex, investments & loans R&D expenditures
Shiftable corporate funds
* Additional assets which can be created through
improving the D/E ratio to 50% (end of FY2013)
Improved assets*
Total assets of ¥700 billion for
making appropriate new investments
Accumulated
Electronic Devices
Promote finer lithography
for NAND flash memory
Social Infrastructure
Increase production of super-rechargeable
batteries to meet demand
for EVs, Smart-Grid applications
Home Appliances
Increase production of models
for emerging economies
*3: Debt/Equity ratio
*4:
Return on Investment : operating income (loss) divided by total debt plus total equity
*1: Compound Annual Growth Rate
*2: Source: IMF World Economic Outlook April 2011
A01_東芝様AR2011_前半.indd 17 11.8.15 5:14:32 PM