Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Toshiba Losses Grow in Fiscal First Half
Oct 28, 2003
 Printable format
 Email this Article
 Search

Japanese electronics maker Toshiba Corp. posted a wider loss for the first half of its fiscal year as sales tumbled in personal computers, TV sets, cell phones, and air-conditioners. The Tokyo-based company said it lost 32 billion yen (U.S. $292 million) for the April-September period versus a loss of 26 billion yen a year ago. Sales slipped to 2.6 trillion yen ($23.7 billion) from 2.64 trillion yen a year earlier. The loss was larger than Toshiba's forecast in September of a loss of 25 billion yen ($228 million).

Price declines battered Toshiba's personal computer sales, offsetting gains in the numbers of PCs sold both in Japan and overseas. Television and cell phones sales were also sluggish, although liquid crystal displays and computer chips fared better. Air conditioner sales faltered in Japan because of an unusually cold summer, but the nuclear power plant business improved, the company said. Toshiba said it expected recovery in the second half as the U.S. economy rebounds and companies in Japan begin to spend more. But global uncertainty remains about the continuing drop in electronic prices, it said. Toshiba expects to report a profit of 25 billion yen ($228 million) on sales of 5.6 trillion yen for the fiscal year ending March 31, 2004.

Back to Daily News

 

Daily News

...........................................................

Oct 2, 2014: Consumer confidence down in September

Oct 2, 2014: Canadian HVAC/R wholesaler sales down 0.8% in August

Oct 1, 2014: Whirlpool on Manufacturing Day: on track to exceed $1 billion U.S. investment goal

Oct 1, 2014: Commercial appliance spending and other restaurant capital spending solid in August

Oct 1, 2014: Appliance maker Gorenje is first Slovenian company with a European Works Council

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows