Toshiba 2011 Annual Report Download - page 31

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Steam turbine generator
like that to be installed at
Salaya power station in
India
The ability to propose comprehensive smart
community solutions was reinforced by the April
2011 integration of the Transmission, Distribution &
Industrial Systems Company, the Social Systems
Company and the Automotive Systems Division in
the Social Infrastructure Systems Company. The
new company’s scope includes transmission and
distribution (T&D), railway traffic and automotive
systems, solar power generation systems,
rechargeable batteries, industrial motors, water and
environmental systems.
Our comprehensive power generation solutions
including nuclear, thermal and hydro power and
fuel cells, support stable electricity supply. We
contribute to worldwide development of power
infrastructure through advances in cutting-edge
technologies, such as CO2 capture and highly
efficient power generation systems.
In FY2010, a strong yen impacted negatively
on overseas projects, but overall sales remained
favorable and operating income improved.
In the nuclear power business, the
construction of four pressurized water reactor
power plants in China made smooth progress, and
we entered into a technical development
agreement with Fennovoima, a Finnish power
company.
Toshiba Group is prioritizing cooperation
with the Japanese government and Tokyo Electric
Power Co. to stabilize the situation at the
Fukushima nuclear power plant. We fully recognize
the seriousness of the current situation and are
determined to do all we can to contribute to
improved safety at nuclear power plants.
Demand for thermal and hydroelectric
power is growing in emerging markets. We won
an order for two steam turbine generators at the
Salaya coal-fired power station in India—a super-
critical generation system combines higher
efficient with a lower environmental impact. In
China we won contracts for two high-capacity
generators for Guanyinyang Hydro Power Station
and four pumped storage systems for the
Qingyuan Pumped Storage Power Station. In the
United States, a contract for the major overhaul of
hydroelectric power equipment of the Ludington
Pumped Storage Plant includes the world’s largest
hydro turbine*. We also made progress in
geothermal power winning a contract for Contact
Energy Ltd’s Te Mihi geothermal power plant in
New Zealand. Going forward we will continue to
develop highly efficient, high quality systems. We
will use our overseas bases to expand business at
the global level, with a focus on emerging markets,
such as China, India and Southeast Asia.
*As at February 2011, based on in-house research
Power Systems Company
Our businesses encompasses electricity
transmission and distribution (T&D) systems,
photovoltaic power generation systems and SCiB™
rechargeable batteries, railway transportation
systems and industrial inverters and motors.
Outside Japan, the railway transportation
systems business posted higher sales and the
industrial systems market headed for recovery.
However lower prices on stronger competition in
electricity distribution systems brought down
overall net sales and operating income fell.
Transmission Distribution & Industrial Systems Company
(now Social Infrastructure Systems Company)
TOSHIBA Annual Report 2011
29
A01_東芝様AR2011_前半.indd 29 11.8.15 5:14:50 PM