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Toshiba releases first quarter 2021 results

Toshiba releases first quarter 2021 results

August 12, 2021

The company has released its latest consolidated business results.

Key points in the latest consolidated financial results for Toshiba are that year-on-year net sales and operating increased, but mainly due to semiconductors and HDDs. Net sales for the first quarter 2021 were ¥727.9 billion ($6.6 billion/ €5.6 billion), a year-on-year increase of ¥128.1 billion ($1.16 billion/ €988 million).

The Retail & printing Solutions segment saw net sales of ¥110.5 billion ($1 billion/ €852 million), a year-on-year increase of 29%.

Toshiba forecasts full year net sales for fiscal year 2021 to be ¥3,250 billion ($29.4 billion/ €25.1 billion), a 6% year-on-year increase.

Categories : City News

Tags : Business Financials OEM Toshiba

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