Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Toshiba Expects 63% of Energy Management Business From Overseas

Toshiba Corp., Japan’s largest maker of nuclear power plants, expects 63 percent of sales from its energy management business to come from overseas by March 2016.

The company’s “smart community” energy management sales are projected to grow to 900 billion yen ($11.6 billion) in this period, Toshiba President Norio Sasaki told reporters in Tokyo today, maintaining an earlier projection. The smart community pilot projects in Japan and overseas include setting up charging infrastructure for electric vehicles and systems to help manage energy use in buildings.

Toshiba in July acquired a 60 percent stake in Swiss electronic-metering company Landis+Gyr AG and said it will spend a total of $1.6 billion for the shares and to assume debt. Landis+Gyr makes meters that allow utilities to check energy use remotely and can be connected to equipment that shows customers when rates are highest.

Sasaki said the investment in Landis+Gyr may be recovered in seven years, from the originally planned nine years.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.