Toshiba Tec releases FY2019 results

Toshiba Tec releases FY2019 results

The company has released its fiscal year 2019 results and fiscal year 2020 forecasts and plans. For the fiscal year 2019, Toshiba Tec recorded total net sales of ¥483.8 billion ($4.49 billion/ €4.1 billion), missing its original forecast slightly but still up ¥7...
Toshiba Tec beats forecasts

Toshiba Tec beats forecasts

The company has released its first half year results for the six months ending 30 September 2019 beating current trends and recording better sales and profit than previously forecasted. Toshiba Tec recorded net sales of ¥249.9 billion ($2.29 billion/ €2.06 billion)...
Toshiba Tec releases FY2019 results

Toshiba Tec reports latest financial results

The company reported its financial results for the quarter which ended 30 June 2019. Toshiba Tec announced net sales for the quarter which ended 30 June 2019, of ¥116.55 billion ($1.096 billion/ €980.61 million) which is up 1.9 percent for the corresponding period of...
Toshiba urged to exit TEC

Toshiba urged to exit TEC

A Hong Kong activist fund has requested that the Japanese OEM sheds its “non-core” businesses in order to boost the margins of the conglomerate. Having already announced its withdrawal from both its British nuclear power and US LNG wings, Argyle Street Management is...
Toshiba Tec financials exceed expectations

Toshiba Tec financials exceed expectations

The company has published its consolidated results for FY2017, with the figures proving better than anticipated. The company’s net sales totalled ¥513.3 billion ($4.68 billion/€3.90 billion), an increase of ¥15.7 billion ($143.3 million/€119.5 million) on the FY2016...