TOKYO ELECTRON ANNUAL REPORT 2013

PAGE5CONTENTSCONTENTS

Financial Highlights

Business Overview

Top Message

Special Feature

To Our Stakeholders

Interview with the CEO

Review of Operations
and Business Outlook

Corporate GovernanceCorporate CitizenshipIntellectual Property

Financial Section

Corporate Data

To Our Stakeholders

Pursuing technologicalinnovation that drives theevolution of semiconductors
Tokyo Electron will celebrate the 50th anniversary of its

will be for higher performance, higher productivity semi-founding in November 2013. To begin, I would like toconductor manufacturing equipment, and in turn the needexpress my deepest gratitude to Tokyo Electron’s manyfor advanced technological innovation.

stakeholders for their ongoing support over all these years.

To support the new network era from the ground

During fiscal 2013, the year ended March 31,

up as a truly global company, Tokyo Electron will vigor-

2013, we felt the ongoing impact of the global econom-

ously pursue technological innovation that drives theic slowdown. In the electronics industry, capital invest-

evolution of semiconductors and fulfills volume-based

ment by semiconductor manufacturers decreased

expansion needs. We will do this from a foundation ofconsiderably. Amid these circumstances, Tokyofinancial strength.

Electron finished fiscal 2013 with net sales of ¥497.3

In April, I was appointed President and CEO ofbillion, operating income of ¥12.5 billion and net income

Tokyo Electron, while continuing to serve as Chairmanof ¥6.1 billion. To recognize the long-standing supportof the Board. Keeping the following management pre-shown by our shareholders, we issued annual dividends

cepts in mind at all times, I intend to place thetotaling ¥51, including a commemorative 50 year anni-Company on a firm growth footing and continuously

versary dividend of ¥20. Again, I would like to express

improve management to meet the expectations of ourmy deepest thanks.

stakeholders. We will:

Since this spring, capital investment by semiconductor manufacturers and flat panel display manufacturers has begun to pick up after a long period ofrestraint, leading in turn to a rise in orders received. We
predict this is the start of a solid upward trajectory.

1. Remain committed to creating new markets andexpanding profit through technological innovation
2. Reinforce technical support and service capabilities on aglobal level under a policy of placing the customer first
3. Build a dynamic company that is inspired with creativ-Short-term reasons include the continuing recovery ofity, eagerness to take on new challenges, passion,

the global economy and reductions in semiconductor

and a sense of responsibility from the frontlines to top

inventories. Over the medium to long term, momentum

management.

will be provided by the full arrival of the global network
era, the spread of cloud computing, and the global
marketing of new IT devices such as smartphones andtablet PCs, even in emerging economies. These trends

4. Meet the expectations of all stakeholders by realizing
world class profitability and sustained growth.
I welcome your continued support and understanding.

will cause nothing less than a tectonic shift in information network infrastructure.
The systems that support global networks will needto ceaselessly transmit, receive and store huge amountsof data, including audio and images, leading to volume
demand for high performance semiconductors. The more

Tetsuro Higashi

these networks expand and evolve, the greater the needChairman of the Board, President & CEO