Toshiba 2011 Annual Report Download - page 4

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In FY2010, consolidated net sales increased to ¥6,398.5 billion, a rise of 1.7% over that of the previous
fi scal year. In addition, consolidated operating income surged ¥115.1 billion over that of the previous
fi scal year to ¥240.3 billion, and net income was ¥137.8 billion, a sharp turnaround of ¥157.5 billion
compared with the previous fi scal year. Our profi t level recovered to that of FY2007, the year prior to
the global fi nancial crisis, as each of our business segments generated profi t.
In the Digital Products business segment, the operating income generated by LCD TVs was in
the black for the seventh consecutive fiscal half-year term on increased sales. Compared with the
previous fi scal year, the operating income engendered by notebook PCs improved greatly, as their
sales also grew. In the Electronic Devices business segment, our memories business achieved a
record-high profit of ¥108.7 billion. The operating income of our LCD panels business greatly
improved and moved into the black, as we restructured the business. In the Social Infrastructure
business segment, sales of power generation systems, including to the emerging economies,
remained solid and the segment continued to maintain a high level of profi t. The Home Appliances
business segment turned in a healthy performance and moved into the black. The strengthening of
our fi nancial base has progressed steadily. Our debt-to-equity ratio improved to 125% at the end of
March 2011 from 153% at the end of March 2010. The annual dividend for FY2010 was ¥5 per share.
Going forward, we are determined to contribute to the recovery of Japan by supporting the
restoration of Japan’s social infrastructure. At the same time, we will continue to strive to make
Toshiba an even stronger global contender, one with unrivalled global competitiveness in our major
business fi elds and with a robust fi nancial foundation. Towards this end, we will continue our efforts
to restructure certain of our businesses and strengthen the profit basis of underperforming
businesses. We will speed up the transformation of Toshiba’s business structure by prioritizing
investment to new and growing focus business areas so as to create new profi t bases. We will also
strive to greatly increase Toshiba Group’s ability to respond to the challenges to society posed by the
need for global environmental change. As we carry out these strategic management policies, we will
further endeavor to enhance the corporate value of Toshiba Group.
We would like to ask our shareholders for their continued strong support.
Atsutoshi Nishida
Director, Chairman of the Board
Norio Sasaki
Director, President and CEO
To Our Shareholders
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A01_東芝様AR2011_前半.indd 02 11.8.15 5:14:18 PM