Business performance rose remarkably in the second half of FY2020 over the first half
Operating profit improved by approximately 10 billion yen due to increased sales, structural reform, and thorough cost management.
(Increase and improvement in operating profit: Retail Solutions Business group 2.3 billion yen, Printing Solutions Business group 7.9 billion yen)
Overseas retail solutions business improved significantly
Operating profit improved by approximately 7.5 billion yen year-on-year due to reductions in fixed costs and increased sales of high value-added products.
Structural reform
The profit structure of the overseas businesses has improved due to the effects of structural reform and the strengthening of cost management. We will continue to consider measures to improve mid-term profits.
The year-end dividend for FY2020 is 20 yen
- The year-end dividend for FY2020 is increased by 10 yen due to improved business performance.
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Toshiba TEC Corporation published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 06:05:08 UTC.
TOSHIBA TEC CORPORATION is a Japan-based company mainly engaged in the development, manufacture, sale and maintenance of office machinery and electrical machinery. The Company operates through two business segments. The Retail Solutions segment is involved in the development, manufacture, sale and maintenance of point-of-sale (POS) systems for domestic and overseas markets, multifunction devices for the domestic market, auto identification (ID) systems for the domestic market and the other related products. The Printing Solutions segment is involved in the development, manufacture, sale and maintenance of multifunction devices for overseas markets, auto ID systems for overseas markets, inkjet heads for domestic and overseas markets and the other related products.
TOSHIBA TEC CORPORATION 
