Toshiba Tec : Notice of differences between the non-consolidated financial results for the fiscal year ended March 31, 2024 and those for the previous fiscal year
May 10, 2024 at 02:05 am
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May 10, 2024
Listed company:
Toshiba Tec Corporation
Representative:
Hironobu Nishikori
Representative Director
President and Chief Executive Officer
(Securities code: 6588, Tokyo Stock Exchange)
Contact:
Akira Abe
General Manager of Corporate Communications Division
(Tel: +81-3-6830-9151)
Notice of differences between the non-consolidated financial results
for the fiscal year ended March 31, 2024, and those for the previous fiscal year
Toshiba Tec Corporation hereby announces that the following differences have arisen between the non-consolidated financial results for the fiscal year ended March 31, 2024, released today, and the actual non-consolidated financial results for the previous fiscal year.
1. Differences between the non-consolidated financial results for the fiscal year ended March 31, 2024 and the actual results for the previous fiscal year (April 1, 2023 to March 31, 2024)
Net sales
Operating profit
Ordinary profit
Net income
Basic
earnings per
share
Fiscal results for
Million yen
Million yen
Million yen
Million yen
Yen
March 31, 2023 (A)
230,912
(10,073)
5,884
(8,064)
(145.72)
Fiscal results for
268,846
1,282
31,939
8,954
(165.45)
Change (%)
16.4
-
442.8
17,018
March 31, 2024 (B)
Change (B)-(A)
37,934
11,355
26,055
-
2. Reasons for the differences
The differences between the non-consolidated financial results for the fiscal year ended March 31, 2024, and the actual results for the previous fiscal year (April 1, 2023, to March 31, 2024) are as above; net sales increased due to increased sales of POS systems for the domestic markets and multifunction peripherals (MFPs), and the impact of foreign exchange rates etc.
Operating profit increased due to the profitability of POS systems for the domestic markets have improved, in addition to the significant improvement of profitability of MFPs derived from larger sales.
Ordinary profit and net income increased due to an increase in dividend income and deferred tax assets recorded despite the recoding of Provision of Allowance for Doubtful Accounts.
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Toshiba TEC Corporation published this content on
10 May 2024 and is solely responsible for the information contained therein. Distributed by
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10 May 2024 06:04:10 UTC.
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 : Notice of differences between the non-consolidated financial results for the fiscal year ended March 31, 2024 and those for the previous fiscal year