Global Supplier Directory
Supplier Solutions
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center

Daily News

Toshiba Defines Corporate Goals Through 2006 Fiscal Year
Apr 13, 2004
 Printable format
 Email this Article

Toshiba Corporation has announced key corporate goals through its 2006 fiscal year and a set of major initiatives that the company says it plans to implement in support of the basic strategic direction defined in its March 2003 mid-term business plan.

In its mid-term business plan for the 2003-2005 fiscal years, which the company announced in March 2003, Toshiba defined three major business domains: digital products, electronic devices, and social infrastructure. The company says its latest measures build on this while it works to establish digital product strategies. They are as follows:

  • In digital products businesses, Toshiba will promote proactive collaboration with electronic devices operations, with the goal of reinforcing its visual products business and establishing it as a major source of profits by 2006 alongside its PC business. Toshiba says it intends to attain this goal by taking full advantage of its core technologies in visual and imaging products, data storage, and electronic devices.

  • In electronic devices businesses, the company says will continue to devote substantial management resources "to further sharpen its competitiveness and enhance collaboration with digital products operations."

  • In social infrastructure businesses, Toshiba says it will actively seek business opportunities in China, Southeast Asia, and new business areas. In Europe and North America the company also says it will expand the scale of rehabilitation businesses to enhance the efficiency of power plants.

  • The company has identified a total of 93 strategic technologies and products that will drive future profits, and defined a strategic product map that will support the timely introduction of successive products.

    Toshiba defined the following as its goals to achieve through the 2006 fiscal year:
  • Consolidated sales: 6,200 billion yen (approx. U.S. $ 58.25 billion).
  • Operating income: 280 billion yen (approx. $2.6 billion).
  • Debt/equity ratio: 100 percent at the end of March 2007.
  • Capital expenditure: 1 trillion yen (approx. $9.4 billion) throughout 3 years largely on digital products and electronic devices fields.
  • R&D expenditure: 1.1 trillion yen throughout 3 years. A major emphasis will be placed on collaboration between digital products and electronic devices fields.
  • Overseas sales ratio: 50 percent of total sales. Expansion of business in China will be a driving force, according to the company.

    Back to Daily News


    Daily News


    Sep 18, 2014: AHRI at White House unveils $5 billion refrigerant R&D plan

    Sep 18, 2014: Solar microinverter market could break $1 billion by 2018

    Sep 18, 2014: Haier will use new liquid blowing agent in large-capacity refrigerators

    Sep 18, 2014: DOE requests comments on possible amendments to commercial icemaker energy standard

    Sep 18, 2014: U.S. steel production up slightly from last year

    More Daily News>>

    RSS Feeds
    Appliance Industry
    Market Research


    March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
    February 2014: Appliance Magazine Market Insight: December 2013
    January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
    January 2014: Appliance Magazine Market Insight: November 2013

    Contact Us | About Us | Subscriptions | Advertising | Home
    UBM Canon © 2014  

    Please visit these other UBM Canon sites

    UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows