Toshiba: FY17 Financial Results
HDD sales decreasing 5%, SSD up 34% Y/Y
This is a Press Release edited by StorageNewsletter.com on May 21, 2018 at 2:34 pmToshiba Corporation announced its consolidated results for fiscal year 2017 ended March 31, 2018.
Revenue of Storage & Electronic Devices Solutions for FY17
(before reclassification of the memory business)
(in ¥ billion) | FY16 | FY17 | Growth |
HDD |
461.3 | 439.5 | -5% |
SSD | 897.2 | 1,204.9 | +34% |
Device and others | 341.7 | 362.0 | 6% |
Storage and Electronic Devices Solutions record higher sales and lower operating income although HDDs saw decreased sales of 5%, devices and others saw increased sales.
Sales prices were stable on robust demand for smartphones and SSDs. Both net sales and operating income were higher than the previous year.