Toshiba’s first operating loss in fiscal year Q1 2020

According to foreign media reports, on August 12, Toshiba released its financial report for the first quarter of fiscal year 2020. Data show that Toshiba had an operating loss of 12.6 billion yen in the first quarter.

according to the data of Toshiba’s financial report, as of June 30, 2020, the net sales volume of Toshiba in this quarter was 599.8 billion yen, which was 26.2% lower than that of 813.2 billion yen in the same period of last year. In addition, Toshiba had a net loss of 11.3 billion yen and an operating loss of 12.6 billion yen in the quarter, which was the first operating loss of Toshiba in recent four years.

from the composition of sales, the net sales of infrastructure business, electronic equipment and storage business, construction business, retail and printing business, energy business and digital business were 134.8 billion yen, 125.2 billion yen, 122.9 billion yen, 85.4 billion yen, 76.2 billion yen and 45.1 billion yen, respectively.

Zhengchun, senior vice president of Toshiba, pointed out that “although we have cut some costs, the group still suffered losses due to the impact of the new crown epidemic. During the period of Xinguan epidemic, Toshiba’s supply chain was greatly affected. On the one hand, the production stoppage in the early stage delayed the delivery time of products. On the other hand, customer demand for automotive semiconductors and other equipment has decreased

it is reported that Toshiba recently transferred 19.9% of its shares in DYNABOOK to sharp, and officially withdrew from the PC business. Toshiba is the founder of notebook computer history. In 1985, it launched the world’s first notebook computer t1100. Subsequently, Toshiba’s satellite and portege product lines were favored by consumers, and once became the world’s largest notebook computer manufacturer. But with similar products launched by apple, Dell and other brands, Toshiba has been impacted in the PC market. Iqoo5 series debut strength interpretation of “120 super full mark flagship”

Author: zmhuaxia