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07
TOSHIBA Annual Report 2013
RESEARCH AND DEVELOPMENT
With its Basic Management Policy, “Aiming to be an even stronger global contender”, the Group has been aiming to
become a world-leading diversified electric and electronics provider through promoting further evolution of innovation
with deepened imagination. The Group accelerates expanding overseas business answering market needs through
promoting Total Energy Innovation and Total Storage Innovation, in order to suggest innovative solutions using
technologies that the Group has competitive advantage.
In addition, as an approach for creating innovations of new businesses, the Group will promote R&D with the projects
of creating World's First, World No.1 Products and services, in order to create future of the world.
The Group's overall R&D expenditure reached 305.9 billion yen in the fiscal year ended March 31, 2013. Expenditures for
each business segment were as follows:
Billions of yen
Digital Products 50.2
Electronic Devices 132.1
Social Infrastructure 107.4
Home Appliances 14.4
Others 1.8
CAPITAL EXPENDITURES
CAPITAL EXPENDITURE OVERVIEW
(1) Overview
The Group strongly promotes capital expenditure and investments & loans to accelerate enhancement of its focus
businesses and to establish new profit basis. The Group sets “Shiftable funds”, which enables the Company to make
speedy and flexible decisions of investments in response to change of business environment, and executes strategic
investments.
In the year ended March 31, 2013, the Group strongly promoted strategic investments in new businesses for
enhancement of global competitiveness and future growth. As a result, the Group increased total investments, including
capital expenditure and investments & loans for M&A, from previous year to 420.1 billion yen. Among the total
investments, in relation to capital investment, the Group carefully select projects in fields in which growth are expected,
forecasting changes in the market while placing importance on efficiency of investment. As a result, capital expenditure
on an ordering basis amounted to 239.6 billion yen.
The above capital expenditure includes the Group's portion in the investments made by Flash Forward, Ltd. and other
affiliates accounted for by the equity method.
Capital expenditure
(billion yen) (Note 1)
Investments & loans
(billion yen) (Note 2)
Total investments
(billion yen)
Digital Products 14.7 32.7 47.4
Electronic Devices 94.1 8.3 102.4
Social Infrastructure 71.8 134.2 206.0
Home Appliances 18.8 2.3 21.1
Others 40.2 3.0 43.2
Total 239.6 180.5 420.1
Notes: 1) Based on ordering basis and includes intangible assets.
2) Based on payment basis.