Toshiba Corporation announced that Toshiba Infrastructure South America Ltd. (TIC-SA), has started production of power transformers in a plant built in Betim, Minas Gerais state. Many South American countries are upgrading their social infrastructure and planning to promote development of smart grids. This is particularly true in Brazil, host to the 2014 FIFA World Cup Brazil and the 2016 Summer Olympic Games in Rio de Janeiro. Under its Growth Acceleration Program, the Brazilian government plans to invest in the areas of logistics, energy and social development. Against this background of economic and population growth, demand for electricity in South America is expected to rise and the market for power transformer is forecast to expand from about USD 210.0 billion in 2012 to USD 250.0 billion in 2015. The company currently undertakes manufacture and sale of power transformers at its plant in Contagem, Minas Gerais. That facility has an annual capacity equivalent to amount 15GVA, and its output goes to the Brazilian market and the Americas. Construction of the new plant to meet growing demand began in May 2011, some 25km west of Contagem city. The site is 146,000m(2) and the building has a floor area of 22,710m(2). The investment in plant and equipment to this point is approximately JPY 6.0 billion. The company has put in place a production framework covering both plants. The Contagem site will produce small-capacity transformers, while the Betim site will manufacture medium- to large-capacity transformers. This expanded production base will support TIC-SA in proactively promoting its social infrastructure businesses throughout the region. Overview of the new plant: Location: Betim, Minas Gerais, Brazil; Site area: 146,000m(2); Floor area: 22,710m(2); Products: Medium- and large-capacity power transformers; and Construction: Started in May 2011, completed in May 2013.

Toshiba Corp. announced consolidated earnings results for the fourth quarter and consolidated and non-consolidated earnings results for the full year ended March 31, 2013. For the fourth quarter, on consolidated basis, net sales were ¥1,757.3 billion. Operating income was ¥96.0 billion. Income from continuing operations, before income taxes and noncontrolling interests was ¥64.6 billion. Net income attributable to shareholders of the company was ¥23.0 billion. For the year, on consolidated basis, net sales were ¥5,800.3 billion. Operating income was ¥194.3 billion. Income from continuing operations, before income taxes and noncontrolling interests was ¥155.6 billion. Net income attributable to shareholders of the company was ¥77.5 billion. For the year, on non-consolidated basis, the company’s net sales were ¥2,897.3 billion, recurring profit was ¥18.7 billion, and net income was ¥29.1 billion. The company provided consolidated earnings guidance for fiscal 2013. For the year, the company expects net sales of ¥6,100.0 billion, operating income of ¥260.0 billion, income from continuing operations, before income taxes and noncontrolling interests of ¥200.0 billion and net income attributable to shareholders of the company of ¥100.0 billion.

Rovi Corporation announced that Toshiba Corporation is launching a range of DTVs Certified for DivX Plus Streaming(TM). The agreement will help increase the reach of Rovi's advanced adaptive streaming format and enable Toshiba DTVs to support high-quality entertainment services from over-the-top providers such as KNOWHOW Movies by Dixons Retail in the UK. DivX Plus Streaming brings a cutting-edge feature set to streaming media that is typically characteristic of the Blu-ray Disc consumer experience such as multi-language subtitles and audio tracks, trick-play track for smooth fast forward and rewind, chapter points for quick scene navigation, and resume playback across devices. In addition, to help eliminate buffering or the "spinning wheel", DivX Plus Streaming includes Dynamic Resolution Scaling. Providing smooth and seamless transitions between different resolutions, Dynamic Resolution Scaling helps ensure consumers enjoy quick start times and continuous play even in low or fluctuating bandwidth environments. DivX Plus Streaming has been approved by studios and adopted by companies helping fuel over-the-top entertainment distribution. The advanced adaptive streaming format has gained the support of IC vendors including Broadcom, MediaTek, and MStar, and has been selected to power video delivery for UK-based Dixons Retail's KNOWHOW Movies, German retailer Media Markt's Videodownloadshop, and Mei-Ah and China Mobile powered services that provides 4G LTE and 3G service subscribers instant access on their Android mobile devices to on-demand, catch-up TV. The DivX(R) DRM (digital rights management) solution, as used with DivX Plus Streaming, was also recently approved by the DECE (Digital Entertainment Content Ecosystem consortium) for use in the UltraViolet ecosystem. Toshiba's DTVs Certified for DivX Plus Streaming with KNOWHOW Movies is expected to be available to consumers later this quarter in the UK.