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.