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Toshiba TEC reports fiscal year end earnings

Net sales of 548.1 billion yen ($3.67 billion)

  • Operating profit down to 15.9 billion yen ($106.5 million)
  • Reported loss of 6.7 billion yen ($44.9 million)
    • Printer/MFP division had sales of 241.6 billion yen ($3.67 billion)
    • Operating profit of 13.6 billion yen ($120.6 million)
    • (hopes to boost profit when MFP manufacturing moves to Ricoh controlled ETRIA Corp.)

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