Tagged With "TEC"
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Re: Who Would be a Viable Buyer for Toshiba Tec?
Makes me wonder what may happen. From my talks with muratec, of course I'm not in a high position of being in the know, it sounds like the label presses will become their go to product and eventually the mfp's will be less important to them. It would be interesting to me if Samsung sold to HP for a billion (I'm not sure why HP thought they were getting a steal by paying a billion for the copier division) and then Samsung turns around and says "thanks for the billion dollars, now we are going...
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Re: Who Would be a Viable Buyer for Toshiba Tec?
Wow, that would be a kick in the ass with Samsung. I was thinking a little more and thought Epson might be a candidate also. Just my two cents!
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Re: Who Would be a Viable Buyer for Toshiba Tec?
I figure the way Samsung treats everyone else in the tech world they would be laughing all the way to the bank with their billion, and then laugh all the way to the bank buying a company with a more whole product portfolio.....look at what they do with apple. Steal a patent and just pay off the lawsuit judgements and move on.
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Re: Toshiba Tec shares rise more than 6 percent on sale report
By Christine Chou -- Japanese consumer electronics giant Toshiba on Monday denied reports saying it had been considering selling shares in subsidiary Toshiba Tec, a cash register systems maker. A Nikkei report previously claimed the near-bankrupt electronics firm was seeking to sell part of Toshiba Tec in order to plug an upcoming US$6.3 billion write down for its U.S. nuclear unit. According to the report, Toshiba has selected an advisory firm to help find a buyer soon for the point-of-sale...
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Re: We all thought Sharp Corp would be next to drop, but Toshiba Tec may be sold first
The sources for this story are not named nor any details confirmed by Toshiba Corp. Toshiba Corp could request Toshiba Tec (an independent subsidiary company) to buy controlling interest in its shares. The copier division is doing OK but Toshiba Tec probably made a mistake in overpaying for the IBM Point of Sale division a few years ago. This forced a big write down and loss on overstated assets for the last six month accounting period. Toshiba Tec has never been involved with the accounting...
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Re: We all thought Sharp Corp would be next to drop, but Toshiba Tec may be sold first
saw that, secret sources right. We'll see, Toshiba may need the cash rather that let Toshiba Tec on their own. But, we've seen crazier things right.
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Re: We all thought Sharp Corp would be next to drop, but Toshiba Tec may be sold first
Samsung is probably the only one who can afford to buy another manufacturer. They have more money than god right now.
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Re: We all thought Sharp Corp would be next to drop, but Toshiba Tec may be sold first
No mention of Toshiba Tec in Toshiba Corp's big restructuring statement made Dec 21 in Japan. It seems all of the pain will be in Toshiba Corp's consumer electronic business encompassing TVs, appliances and maybe/maybe not the laptop business.
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Who Would be a Viable Buyer for Toshiba Tec
In a recent article in The Japan Times, the article mentioned that a source had stated that Toshiba "may" be willing to sell Toshiba Tec. Toshiba Tec is the business unit that markets their imaging products as well as other products. Cast your vote, I'm casting mine now!
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We all thought Sharp Corp would be next to drop, but Toshiba Tec may be sold first
Just ran across this today in my google alerts. Check this statement out by the Japan Times, "Toshiba Corp., which is embroiled in an accounting scandal, is considering selling its listed office equipment subsidiary Toshiba Tec Corp. as part of efforts to streamline its diversified businesses, sources said Monday." I'm sure we can have a lot of fun with this one also, who would be a viable buyer? Could this really happen? Would they sell to Samsung? Here's the...
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Toshiba Tec Unveils New Cloud Service e-BRIDGE CloudConnect
February 17, 2015 12:20 AM Eastern Standard Time TOKYO--( BUSINESS WIRE )--Toshiba Tec (6588), a leading provider of technology solutions introduces its new cloud based application e-BRIDGE CloudConnect, a valuable tool that provides the ability to remotely monitor, configure and service machines in the field. The new e-BRIDGE CloudConnect shows how Toshiba Tec is moving from the traditional to the new way of business with modern technology. It will significantly improve customers’ working...
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Toshiba Tec Wins an iF Design Award for the B-FV4D Desktop Label Printer
March 17, 2015 03:30 PM Eastern Daylight Time TOKYO--( BUSINESS WIRE )--Toshiba Tec (TOKYO:6588), a leading provider of technology solutions announces that the B-FV4D desktop label printer has won an “iF Product Design Award”. This award, judged and issued by the International Forum Design GmbH (iF) is recognised as one of the most prestigious design awards in the world. B-FV4D received the award for its compact body, outstanding design and innovative appearance. Stylish, yet robust the...
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Toshiba Tec Announces Merger of MFP Division and Barcode Printing Division in Europe to Create World's Most Innovative and Comprehensive Printing Solutions Business
November 24, 2014 03:10 AM Eastern Standard Time TOKYO--( BUSINESS WIRE )--Toshiba Tec (TOKYO:6588), the world’s most comprehensive and broadly-based manufacturer of printing and imaging products, solutions and services, today announced the merger of its multifunctional printing products division (MFP) with its barcode printing division (BCP) in Europe to meet the demands for growth-oriented companies. The integration of the two Toshiba Tec printing divisions has in one stroke created the...
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Toshiba TEC Announces e-STUDIO306LP/ RD30 With Ground-Breaking Erasable Toner Technology
CHERTSEY, England, August 1, 2013 — /PRNewswire/ -- Toshiba TEC UK Imaging Systems has announced the launch of its highly anticipated e-STUDIO306LP/ RD30 multifunction product (MFP), which sets a new industry benchmark in sustainable printing by incorporating the company's unique erasable toner technology. Although erasable technology itself isn't new, previous systems have relied on specially made plastic coated paper that erases toner via a printer's thermal heads. However, these systems...
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Toshiba Paper Reusing System Realizes Cost Savings for Manufacturer
TOKYO--(BUSINESS WIRE)--May 21, 2014 Toshiba TEC (TOKYO:6588), a global leader in printing and imaging solutions and services, is proud to announce to the manufacturing industry that Toshiba's e-STUDIO306LP/RD30, the paper reusing system with erasable...
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Toshiba Tec Announces "Unique Differentiations" as a Three-Year Growth Strategy
TOKYO--(BUSINESS WIRE)--July 02, 2014-- TOSHIBA TEC (TOKYO:6588) has announced "Unique Differentiations", as its 2014--2016 global business strategy for the Printing Solutions Business with enhanced focus on both vertical solutions and Eco solutions....
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Toshiba e-STUDIO306LP/RD30 Reduces Paper Consumption in Governmental Office
TOKYO--(BUSINESS WIRE)--July 31, 2014-- Toshiba TEC (TOKYO:6588), a global leader in printing, imaging solutions and services, introduced the world's first eco-friendly MFP system to the governmental offices - Shiga Prefectural Office, Japan. ...
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Toshiba's Paper Reusing System Saves Paper Wastage in Logistics
TOKYO--(BUSINESS WIRE)--April 23, 2014-- Toshiba TEC, a global leader in printing, imaging solutions and services, is proud to announce to the Logistics industry, the e-STUDIO306LP/RD30. It is the world's first multifunction printer (MFP) to...
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TEC Lighting @ #Print13
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Toshiba Adds Nuance's AutoStore and Equitrac Document Solutions to Its Portfolio
TOKYO--( BUSINESS WIRE )-- Toshiba Tec Corporation (TOKYO: 6588) today announced that the document solutions of Nuance, the strategic partner of Toshiba Tec, has been added to its portfolio: AutoStore and Equitrac . Through the strategic partnership with Nuance which is a leading provider of speech and imaging solutions, Toshiba Tec extends its range of document solutions to improve workflows, manage output and help businesses operate more efficiently and securely. “We will strengthen the...
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Toshiba Multifunction Peripherals' Outstanding Environmental Performance Achieve Excellent ECP Elite Certification
August 29, 2016 09:30 PM Eastern Daylight Time TOKYO--( BUSINESS WIRE )-- Toshiba Tec Corporation (TOKYO:6588) announced today that all of its newly-engineered multifunction peripherals (MFPs): the e-STUDIO2500AC series , e-STUDIO5005AC series , e-STUDIO7506AC series , e-STUDIO5008A series , and e-STUDIO8508A series , have attained Toshiba’s elite certification, the Excellent ECP (Environmentally Conscious Product) which is awarded only to the products achieving the highest level of...
Blog Post
Who Would be a Viable Buyer for Toshiba Tec?
Seems that every new day brings a new set of issues for Toshiba Corporation, which is not to be confused with Toshiba Tec . You might ask what does Toshiba Tec offer besides copiers? After a short visit to their site I was surprised to see so much diversification of products. Software, POS (Point of Sale) Systems, Printers (thermal, mobile and more), Self Checkout Kiosk, Displays, and Digital Signage. So, who could benefit? Almost two years ago, we posted up a survey for "Who Would be a...
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Toshiba Lead17
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Toshiba Tec shares rise more than 6 percent on sale report
Shares in Toshiba Tec Corp ( 6588.T ) rose more than 6 percent in early Monday trading after a report that Toshiba Corp ( 6502.T ), the parent, is considering selling shares in the company. Toshiba Corp denied a Nikkei business daily report that it was looking to sell shares in Toshiba Tec, a maker of cash register systems, as it seeks to plug an upcoming $6.3 billion writedown for its U.S. nuclear unit. Toshiba has selected an advisory firm to help find a buyer soon for Toshiba Tec, the...
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SAP Honors Tec De Monterrey With Klaus Tschira HR Innovation Award
LAS VEGAS , Sept. 17, 2019 /PRNewswire/ -- Today SAP SE (NYSE: SAP ) announced that Tec de Monterrey, Mexico's institute of technology and higher education, has been named the recipient of the 2019 Klaus Tschira Human Resources Innovation Award. The announcement was made at the SuccessConnect ® event held in Las Vegas on Sept. 16–18, 2019. "Congratulations to the Tec de Monterrey team for winning the Klaus Tschira HR Innovation Award," said Greg Tomb , president, SAP SuccessFactors. "Tec de...
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Toshiba Tec Unveils Mobile Printer Delivering Three-Inch Wide Labels and Receipts
lt;img alt="Toshiba Tec Unveils Mobile Printer Delivering Three-Inch Wide Labels and Receipts" class="StretchedBox W(100%) H(100%) ie-7_H(a)" src="http://l1.yimg.com/ny/api/res/1.2/ULElORMfw02.Pj.b9yCjEg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NDgwO2g9MzIw/http://globalfinance.zenfs.com/en_us/Finance/BUSINESSWIRE/cb38fd35d97356f02aa1cf0bf88f86c9" itemprop="url"/gt; Toshiba Tec Corporation unveils its B-FP3 mobile printer, which produces three-inch wide receipts and labels. (Photo: Business Wire)...
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Toshiba e-STUDIO3508LP Wins Buyers Lab's Winter 2018 Outstanding Achievement in Innovation Award
TOKYO--( BUSINESS WIRE )-- Toshiba Tec Corporation (TOKYO:6588) announces that its e-STUDIO3508LP has earned Keypoint Intelligence - Buyers Lab's Outstanding Achievement in Innovation award. The e-STUDIO3508LP is Toshiba’s hybrid multifunction peripheral (MFP) which prints regular black prints as well as erasable blue prints within one device. Keypoint Intelligence - Buyers Lab presents its Outstanding Achievement award to acknowledge the products or capabilities that stand out for a...
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Toshiba Tec subsidiary padded profits
Biz / Tech 15 hours ago Things weren't all rosy for Toshiba. Group company Toshiba Tec says it has discovered that some staff at a subsidiary based in Germany padded profits of about 5-million dollars. Toshiba Tec produces and sells multi-functional office equipment. Its executives say 3 officials at the subsidiary's branch in Spain underreported the costs incurred. The officials include the deputy chief of the branch. They say the illegal accounting practice has gone on for 9 years, from...
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Re: Toshiba Tec subsidiary padded profits
Interesting, Toshiba Tec manufacturers the Toshiba brand of copiers.
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Toshiba TEC Singapore acquires MFP Business from Toshiba Data Dynamics
SINGAPORE , July 1, 2020 /PRNewswire/ -- Toshiba TEC Singapore (TSE) announced their acquisition of the Multifunction Printers (MFP) Business from Toshiba Data Dynamics (TDSP). This will see TDSP shifting from a distributorship to a direct ownership model, where they will be supplying MFPs to their Singapore customers directly. This acquisition will also see the creation of a new business unit and absorption of existing TDSP employees into the newly created division. With this acquisition,...
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Re: Toshiba TEC Singapore acquires MFP Business from Toshiba Data Dynamics
I was kind of intrigued when I first viewed the headline, however after doing some research it seems it's just a Singapore acquisition
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Toshiba TEC reports last quarter’s earnings
Toshiba TEC reports last quarter’s earnings Toshiba’s TEC division (which includes printers, MFPs, cash registers, etc.) reports that during last quarter, net sales sunk 27.6% to 84 billion yen - Operating profit was a loss of 4 billion yen ($37 million) - Earnings per share was a loss of 80 yen per share - Printing Solutions division (which includes printers and MFPs), saw net sales tumble 39.1% to 27.9 billion yen ($258.6 million) o Operating profit was a loss of 5.017 billion yen ($45.6 ...
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Toshiba TEC earnings estimates not pretty
Toshiba TEC earnings estimates (TEC is the division of Toshiba for MFPs, printers, displays, cash registers, etc.) - Net sales down 19.5% to 107 billion yen for second quarter - Operating profit down 50% to 3 billion yen - Profit margin down to 2.8% - Profit attributable to owners of parent a loss of 2.6 billion yen - Printing Solutions division (MFPs, printers, etc.) had 22.1% drop in net sales to 37.6 billion yen o Operating loss of 1.5 billion o Segment margin of -3.9% - Announced will...
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Apogee to acquire Kent-based Direct-Tec Group
Apogee to acquire Kent-based Direct-Tec Group Apogee Corporation Ltd has agreed to acquire Kent-based Managed Print Service provider Direct-Tec Group. Formed in 2004 in Westerham, Kent, Direct-Tec is a provider of print, document and IT solutions for businesses and public sector organisations. Direct-Tec is well established in the market as a provider of print, document and IT solutions with offices throughout the UK including Southampton, London, Tonbridge and Salisbury. Its experience...
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Apogee to buy Direct-Tec
Apogee Corporation has agreed to acquire Kent-based Managed Print Service provider Direct-Tec Group. Formed in 2004 in Westerham, Direct-Tec is a provider of print, document and IT services for businesses and the public sector. It has a number of offices, including in Southampton, London, Tonbridge and Salisbury. Aurelio Maruggi, chief executive of Apogee, said: "This acquisition for Apogee helps strengthen our position as the leading multi-brand provider of Managed Workplace Services in the...
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Foxit and Toshiba Announce Strategic Partnership for End-User Productivity and Enterprise ...
FREMONT, Calif. , April 14, 2021 /PRNewswire/ -- Foxit Software , a leading provider of innovative PDF products and services, helping knowledge workers to increase their productivity and do more with documents, today announced a strategic partnership with Toshiba Tec UK Imaging Systems Limited to leverage Foxit's PhantomPDF and Enterprise Automation solutions in order to optimize the flow of information and data throughout its organization and customer services. Toshiba Tec is a leading...
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Toshiba Tec Reportedly Hit by DarkSide Ransomware
A subsidiary of Japanese tech giant Toshiba has admitted suffering a cybersecurity breach reportedly caused by the DarkSide ransomware gang. Toshiba Tec Corporation — which makes printing, scanning and other office equipment — revealed the incident in a statement on Friday. Although the update did not confirm whether any customer data was taken in the incident, Toshiba admitted that “it is possible that some information and data may have been leaked by the criminal gang.” The firm has...
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Toshiba’s TEC division earnings report
Toshiba’s TEC division earnings report Toshiba TEC includes printers and MFPs Net sales down 16.6% YoY for FY2020 to 405.7 billion yen ($3.8 billion) 40.7% drop in operating profit to 8.3 billion yen to $78 million Operating profit margin dropped to 2% Printing Solutions division had net sales down 19.3% to 145.2 billion yen ($1.4 billion) Operating profit was a loss of 5.1 billion yen (-$48 million) Operating profit margin dropped to negative 3.5% In its mid-term plan, states that R&D...
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Toshiba reports quarterly earnings
Toshiba reports quarterly earnings Operating profit of 14.5 billion yen ($132 million) - Total sales up 21% to 727.9 billion yen ($6.5 billion) - Toshiba Tec division (which includes MFPs and printers) had net sales up 26.9% to 107 billion yen ($968 million) o Operating profit of 3.2 billion yen ($28 million) o Earnings per share of 48.92 yen ($0.44)
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Toshiba to sell off MFP/printer division?
Toshiba to sell off MFP/printer division? Article published in The Register magazine - Detailed management meeting held in Japan on 2/7/22 - As part of new plan to split up into two different companies, has apparently deemed the “Toshiba Tec” division to be “non-core” - Unknown how much the division is worth
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Toshiba pushed to sell out
Toshiba pushed to sell out 3D Investment Partners, is one of Toshiba’s largest shareholders (holds 7.6%) Is demanding that company seek offers from buyout firms Toshiba agreed to setup a special committee to conduct a strategic review Will temporarily suspend divesture discussion about Toshiba Tec (copiers/printers) Next shareholders meeting is scheduled for June
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Better Call Art with Anthony with In Time Tec
Anthony Chen talks In Time Tec at Capture the Magic at BTA in Las Vegas
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Knowledge on Demand #2
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Toshiba Tec provides more earnings details
Toshiba Tec provides more earnings details Toshiba Tec is part of Toshiba Corp. that has division that manufactures and sells printers and MFPs For last 6 months of fiscal year, ending on 9/30/22, total net sales up 12.4% to 243.86 billion yen ($1.71 billion for all division of Toshiba Tec) Operating profit up 38% to 5.95 billion yen ($41.87 million) Reported a loss of 6.9 billion yen ($48.58 million) Workplace Solutions Business Group, which includes printers, MFPs, inkjet printheads, auto...
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Toshiba Tec revises its earnings forecast
Toshiba Tec revises its earnings forecast (Toshiba Tec is division of Toshiba, which has just been sold) Lowered its outlook for net profit for FY2022 by 11.5 billion yen Expects to end the fiscal year with a $103.6 million net loss Expects printer/MFP division net sales of $1.6 billion, up 19.1% Operating profit of $51.8 million
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Toshiba Tec post last fiscal year earnings
Toshiba Tec post last fiscal year earnings Net sales up 14.7% to 510,767 million yen ($3.8 billion) Operating profit up 39% to 16,078 million yen ($121 million) Operating profit margin of 3.1% Recorded a $121 million loss due to “loss on litigation” related to a patent dispute Workplace Solutions (printers, MFPs, etc.) division Net sales up 19.5% to 217,672 million yen ($1.6 billion) Operating profit of 6,882 million yen ($50 million) Operating profit margin of 3.2%
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Toshiba Tec details on last fiscal year earnings
Toshiba Tec details on last fiscal year earnings Total net sales up 14.7% to $3.8 billion Operating profit up 38.8% to $119.2 million Workplace Solutions division (printers, MFPs) net sales up 19.5% to $1.6 billion Operating profit up 590% to $51.1 million Americas revenue up 31.1% to $701.7 million
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Toshiba forced to pay former executives
Toshiba forced to pay former executives Report from Epoch Times newspaper Toshiba Tec completed 82 million yen payment for restricted stock, performance linked compensation Court also ordered 5 former Toshiba executives to pay compensation in a case involving corporate accounting fraud Ordered Toshiba to pay a record administrative penalty worth about $56.4 million
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Toshiba reports last quarter’s earnings
Toshiba reports last quarter’s earnings Net sales down 4.9% to 704 billion yen ($4.87 billion) Net income down to a loss of 25.4 billion yen ($178.24 million) Operating income of 11.4 billion yen ($80.23 million) Toshiba Tec division revenue up 12% to 122.37 billion yen ($854.6 million) Operating profit up to 1.28 billion yen ($8.94 million) Profit of 38 million yen ($265,000)
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Toshiba Tec gives last half year earnings info
Toshiba Tec gives last half year earnings info Net sales for the last month up 8.1% to 263.6 billion yen ($1.74 billion) Operating profit down 0.8% to 5.9 billion yen ($38.87 million) Workplace Solutions Business Group (printers/MFPs) revenue up 16% to 116.4 billion yen ($766.95 million) Operating profit of 5.01 billion yen ($33.07 million)