Toshiba: Fiscal 4Q15 Financial Results
Storage products business recorded lower sales and deteriorated operating income.
This is a Press Release edited by StorageNewsletter.com on May 24, 2016 at 2:56 pmToshiba Corporation announced its consolidated results for the fiscal year 2015 ended to March 31, 2016
Here we published only the results for the company’s storage business centered on memories (flash and SSDs) and HDDs.
During fiscal year and the quarter, the storage products business recorded lower sales and deteriorated operating income.
Lower sales in memories reflect lower sales prices and lower revenue for HDDs is the result of a downturn in the PC market.
All financial results below are in ¥ billion.
FY14 | FY15 | Growth | |
Memories | 860.6 | 816.6 | -5% |
Storage | 507.9 | 414.6 | -18% |
Memories | FY15 | FY16 (forecast) | Growth |
Sales | 845.6 | 746.6 | -1% |
Operating income | 110.0 | 24.4 | -78% |
HDD | |||
Sales | 385.6 | 351.9 | -9% |
Operating income | (40.2) | 2.2 |