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06 TOSHIBA Annual Report 2012
Management's Discussion and Analysis
HOME APPLIANCES
The Home Appliances segment saw overall sales decrease by 23.0 billion yen to 576.8 billion yen ($7,033.5 million). The
Lighting Systems business recorded a healthy performance, mainly on LEDs, stimulated by concerns to save power.
However, the White Goods business saw lower unit sales as a result of the floods in Thailand and the expiration of Japan’s
eco-point stimulus program.
Overall segment operating income decreased by 3.1 billion yen to 5.7 billion yen ($69.4 million). Even though the
Lighting Systems business recorded a strong performance centered on LEDs, the White Goods business felt the impact of
lower sales.
OTHERS
Others saw sales decrease by 8.1 billion yen to 326.9 billion yen ($3,988.0 million) while its operating income improved by
2.2 billion yen to 2.9 billion yen ($34.5 million).
The Company's Consolidated Financial Statements are based on U.S. GAAP.
Operating income (loss) is derived by deducting the cost of sales and selling, general and administrative expenses from
net sales, and reported as a measurement of segment profit or loss. This result is regularly reviewed to support decision-
making in allocations of resources and to assess performance. Certain operating expenses such as restructuring charges
and gains (losses) from the sale or disposition of fixed assets are not included in it.
Mobile Broadcasting Corporation and the Mobile Phone business have been classified as discontinued operations in
the consolidated accounts in accordance with Accounting Standards Codification No.205-20, “Presentation of Financial
Statements - Discontinued Operations”. The performances of these businesses are excluded from consolidated net sales,
operating income (loss), and income (loss) from continuing operations, before income taxes and noncontrolling interests.
Toshiba Group's net income (loss) is calculated by reflecting these business results to income (loss) from continuing
operations, before income taxes and noncontrolling interests.
The hard disk drive (HDD) business was recognized as an electronic component business and reclassified from the
Digital Products segment to the Electronic Devices segment and incorporated into the Semiconductor and Storage
business in a July 1, 2011 reorganization. In the same reorganization, the optical disk drive (ODD) business was also
recognized as an electronic component business, reclassified from the Digital Products segment to the Electronic Devices
segment and transferred to a new division dedicated to the business. The breakdown of results for FY2011 has been
retroactively reclassified to reflect these changes, as have the numeric amounts for the previous year. In this release,
HDDs and SSDs are referred to as the Storage Products business.