Toshiba: Fiscal 1Q23 Financial Results

Revenue for HDDs and others diminishing by 15% Y/Y with negative operating income

By Jean Jacques Maleval | August 11, 2023 at 2:03 pm

(in ¥ million)	1Q22	1Q23	Growth
Revenue	108.2	91.7	*-15%*
Operating income	(4.7)	(13.0)

Toshiba Corp. announced its financial results for its first quarter of fiscal year 2023 ended June 30.

Here above are the results of one of its businesses among many others: HDDs and others, including sales of HDDs, materials and devices, and resale of memory products, etc.

Forecast for this activity:
¥351.7 for FY22 to be compared to ¥320.0 in FY23 or down 9%, with negative operating income of ¥28.1 and ¥13.0, respectively.

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