processor to conduct digital processing across the range of functions—protection, connection, super- vision, measurement and collection of data for archiving—required to operate the substations used by railroad companies. We are also developing new types of services, including distribution of infor- mation to station facilities. * Manufacturing infrastructure: Our new applica- tion software package allows remote control of instrumentation in production plants using i-mode cellular phones as a part of the remote surveil- lance and control systems. We are aggressively marketing the package. MEDICAL SYSTEMS COMPANY The Medical Systems Company provides medi- cal institutions around the world with medical imaging diagnosis instruments, including X-ray equipment, X-ray CT scanning devices, ultrasonic equipment, MRI machines and nuclear medical equipment, as well as advanced medical solutions systems, such as medical image storage and man- agement systems and hospital information systems. With the advantage of having a broad array of customers as Japan’s leading solutions pro- vider, we provide not only imaging diagnosis machines but also medical-related “enterprise solutions” that help medical organizations stream- line their management. Always aware of just how precious life is, we strive to create new value in medical care, health and welfare so that people can enjoy healthy lives. In our medical system business, fiscal 2001 saw a severe market environment in Japan, though ultrasound diagnostic equipment and MRI systems achieved good sales. Exports of CT, ultrasound di- agnostic equipment and MRI systems generated stable profits, helped in part by the depreciation of the yen. Toshiba is the Japanese market leader in X- ray CT scanning system. We strengthened that position with the launch of “Aquilion Multislice System,” the world's first multiple-slice CT scan- ner capable of simultaneous imaging of 16 slices, with a minimum width of 0.5mm per slice and a speed of 0.5sec per rotation. Among our ultrasound diagnostic systems, full-color “Nemio” enjoyed ro- bust sales. Our many years of experience in Japan and overseas allows Toshiba to promote research and development projects with medical institutions Toshiba Elevator Corporation concluded a capi- tal tie-up with Kone Corporation of Finland in De- cember 2001, with which Toshiba has had a tech- nical alliance with since 1998. The capital tie-up reinforces this and is a step toward closer coop- erative relations in the overall elevator and esca- lator business. The world elevator and escalator market, including maintenance, is estimated to be worth ¥3,000 billion (US$22,556 million) a year. Kone’s mechanical engineering capabilities, and firm roots in the European and U.S. markets, complements Toshiba Elevator Corporation’s high- speed and invertor technologies and its presence in Asia. The partnership will enhance our compe- tencies while reducing costs and improving ser- vice capabilities, enabling us to take our business to the global scale. of world renown. We will also use our global sales network to further develop our position in the world market for image diagnostic imaging equipment. The Technical Assistance Center was estab- lished in December 2001, integrating the functions of the medical service and engineering divisions to provide high value-added “preventive maintenance” of medical equipment using remote maintenance systems. '00 '01 '02 OPERATING INCOME (Billions of yen) 9 14 16 '00 '01 '02 975 (Billions of yen) NET SALES 955 968 MEDICAL SYSTEMS COMPANY President MASAMICHI KATSURADA “The Aquilion Multislice” pro- vides detailed diagnostic im- age data on vessels as fine as the capillaries and supports urgent treatment for emer- gency patient. From the aspect of hospital management, the system shortens patient ex- amination times, contributing to increased efficiency and cost reductions. 21