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Toshiba: Fiscal 4Q15 Financial Results

Storage products business recorded lower sales and deteriorated operating income.

Toshiba 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  

 

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