Distribution of Economic Value to Stakeholders

In fiscal 2008, the distribution of economic value to suppliers decreased compared with the previous year in line with a 1,010.8 billion yen decrease in consolidated net sales. Moreover, the dividend to shareholders also decreased as a result of the seven yen per share decrease in the annual cash dividends of Toshiba Corp.
Similarly, distribution to government/authorities also decreased significantly, owing to operating loss before income taxes of 279.3 billion yen.

Stakeholder	Amount distributed (billion yen)		Calculation method
Stakeholder	FY2008	FY2007	Calculation method
Suppliers and Partners	5,459.4	5,983.3	Cost of sales (excluding labor costs). Selling, general and administrative costs (excluding labor costs)
Employees	1,445.3	1,446.7	Labor costs included in the cost of sales and selling, general and administrative expenses
Shareholders	50.3	46.4	“Dividends paid” on the cash flow statement
Creditors	33.7	39.8	“Interest” included in costs and expenses on the income statement
Government/Authorities	54.3	113.4	Income taxes
Society	3.0	4.0	Expenditure for corporate citizenship activities^Note
Environment	60.8	51.3	Environment-related expenditure^Note
Within company	-379.2	87.1	Amount of net income minus dividends paid

Note): Amounts distributed to society and to the environment are also included in the amounts distributed to suppliers and to employees.