The Recycler
  • Biuromax Masthead web banner March 2024
  • Katun web banner December 2022 NEW
  • Ambiente 2025 Masthead
  • G&G Masthead August 2024

Toshiba Tec’s sales and operating profits improve

May 11, 2023

The company has released its latest financial results, recording year-on-year growth in sales and operating profits.

For the FY2022 results Toshiba Tec achieved net sales of ¥510.8 billion ($3.8 billion/ €3.5 billion), a year-on-year increase of ¥65.5 billion ($487 million/ €445 million). For the Workplace Solutions Business Group, net sales were ¥217.7 billion ($1.6 billion/ €1.5 billion), an increase of 20% year-on-year.

Toshiba explained that sales of MFPs increased due to the impact of foreign exchange rates in addition to strong sales in the Americas, Europe, Asia and other overseas regions as a result of focusing on changing transportation method or route, raising selling prices and other efforts, despite ongoing shortages in product supply caused by the tight supply-demand balance in international cargo transportation, while the effects of the shortage of components were mitigated.

For the next fiscal year, Toshiba Tec forecast net sales of ¥520 billion ($3.86 billion/ €3.54 billion).

Categories : City News

Tags : Business Financials OEM Toshiba Tec

  • TN Group Oct 2024 Web ad
  • Apex September 2024 Web ad
  • GM Technology October 2024
  • Biuromax web banner July 2024
  • Static Control June 2022 Big & Bold Ad
  • Cartridge Web Oct 2024 Web Banner
  • G&G Big & Bold Web banner January 2024
  • IR Italiana Web ad January 2021
  • Ink Tank September 2024 Web ad
  • Denner Feb 2024 Web Ad
  • PCL Oct 2024 Web banner
  • HYB Web banner Jan 2024
  • denner UK Web Banner Jul 2024
  • CET Web ad December 2023
  • Mito Web banner June 2024
  • ITP Web ad January 2021
  • Zhono Web ad March 2024
  • ITP Web ad January 2021
  • PCL Oct 2024 Web banner
  • Denner Feb 2024 Web Ad
  • denner UK Web Banner Jul 2024
  • CET Web ad December 2023
  • Mito Web banner June 2024
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • Mito Web banner June 2024
  • denner UK Web Banner Jul 2024
  • PCL Oct 2024 Web banner
  • Denner Feb 2024 Web Ad
  • CET Web ad December 2023

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark