Atsutoshi Nishida Quotations

We are pretty confident that no other company will be able to match the breadth and depth of this combination.

With Westinghouse, Toshiba will be a global nuclear power business organization committed to delivering world-class nuclear power generation systems and services, backed up by proven technology, reliability and superb efficiency.

Given the potential, we believe what we've paid is the correct price. There was a lot of competition.

Regrettably, two different types of products seem set to hit the market. But this is the kind of technology that will be around for five or 10 years. Efforts should be made continuously to make unification happen.

We've been working towards unification. But talks are now stalled. We will press ahead with the product launch as planned.

Everywhere you look today you see a rekindling of interest in nuclear power.

At the moment, we can only satisfy about 70 percent of demand and I expect the situation to remain like this into the fourth quarter,

In the midterm plan, we're assuming that the need for investment in semiconductors will intensify, and we've also taken the payment for this acquisition into consideration.

I guess it won't sell well if it carries a price tag of over $1,000,

By 2020 the market for nuclear power generation is expected to grow 50 per cent compared to 2005. Toshiba is responding to this challenge by acquiring Westinghouse.