Toshiba Tec Posts Lower Sales, Revenue, Profit for Third Quarter
For its complete fiscal year that will end on March 31, 2019, Toshiba Tec is forecast net sales of 490 billion, down 4.5 percent versus the previous fiscal year.
Category: Toshiba
Toshiba TEC Reports Lower Earnings, Revenue for First Half
Toshiba TEC of Japan has reported results for the first half (April 1 to September 30, 2018) of its fiscal......
Toshiba Introduces New Desktop A4 Copier/MFPs
Toshiba America Business Solutions (TABS) today expanded its e-STUDIO line of copier/MFPs and printers with the introduction of three A4 desktop copier/MFPs that......
Toshiba America Business Solutions Expands in Mexico
Toshiba Global Commerce Solutions and Toshiba America Business Solutions celebrated the opening of their collective 38,000-square-foot building in Guadalajara, Mexico, yesterday with a......
Toshiba, Toshiba TEC Report Latest Financial Results
Toshiba reported net profits of ¥1.02 trillion ($9.16 billion) for the quarter, up from ¥50.33 billion a year before, as it received ¥966 billion in gains from the sale of the memory business.
Sharp Cancels Share Sale
Citing current U.S.-China trade tensions, Sharp Corporation of Osaka, Japan, has cancelled its bid to raise capital by selling new......
This Week in Imaging: Will China’s $70B Offer Stop U.S. Tariffs on Printers, Copiers, and Supplies?
According to both The New York Times and The Wall Street Journal, China has offered to purchase nearly $70 billion......
Toshiba Reports Results for Fiscal Year
Toshiba’s memory-chip business brought in about 90 percent of Toshiba’s operating profit for the first six months of its fiscal year.
Stellar Fiscal Year for Toshiba TEC
Toshiba Tec’s other business group, its Retail Solutions group, recorded net sales of 324.5 billion yen, up 3.7 percent versus the previous fiscal year, and operating income of 17.3 billion yen, up 6.0 percent versus the previous fiscal year.
Toshiba Refutes Recent Rumors Concerning Pending Sale of Memory-Chip Business
The firm stated that multiple press reports on April 23 and 24 claim that Toshiba is considering cancelling sale of Toshiba Memory Corporation if the proposed sale isn’t approved by China’s anti-monopoly regulator.
Toshiba Completes Sale of Westinghouse to Brookfield
Toshiba Corporation of Tokyo, Japan, announced today that it’s completed the sale of its holdings in Toshiba Nuclear Energy, the......
This Week in Imaging: Back to Paper, Pens for Atlanta City Government in Wake of Ransomware Attack
Perhaps nothing has better illustrated the vulnerability of digital systems to security breaches than the ongoing hacking of the government......
Sale of Toshiba’s Memory Business Delayed
Some investors have opposed the sale of Toshiba’s profitable memory-chip business, arguing that the $18 billion sale price is too low.
Toshiba Appoints Former Banker CEO in Drive to Rebuild Company
Toshiba’s board believes former banker can help its turnaround.
Profit up Sharply for Toshiba TEC, but Profit Padding at Subsidiary Reported
Toshiba TEC of Tokyo, Japan reported higher sales and net income amongst reports that subsidiaries may have padded profits.
Toshiba Expects Return to Profitability for Fiscal Year Ending Next Month
After suffering a tough financial stretch, Toshiba fortunately returns to profitabliliy.
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