Toshiba Tec Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
March 13, 2016
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Toshiba Tec Corporation reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales were JPY 394,554 million against JPY 386,658 million a year ago. Operating income was JPY 3,275 million against JPY 13,306 million a year ago. Loss attributable to owners of the parent was JPY 77,604 million or JPY 282.58 per share against profit of JPY 3,471 million or JPY 12.62 diluted per share a year ago. Loss before income taxes and minority interests was JPY 67,832 million against income of JPY 8,332 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2016. For the year, the company expects net sales were JPY 530,000 million, operating income was JPY 6,000 million and loss attributable to owners of the parent was JPY 79,000 million or JPY 287.64 per share.
TOSHIBA TEC CORPORATION is a Japan-based company mainly engaged in the development, manufacture, sale and maintenance of office machinery and electrical machinery. The Company operates through two business segments. The Retail Solutions segment is involved in the development, manufacture, sale and maintenance of point-of-sale (POS) systems for domestic and overseas markets, multifunction devices for the domestic market, auto identification (ID) systems for the domestic market and the other related products. The Printing Solutions segment is involved in the development, manufacture, sale and maintenance of multifunction devices for overseas markets, auto ID systems for overseas markets, inkjet heads for domestic and overseas markets and the other related products.
Toshiba Tec Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016