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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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