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01/21/14 - ¥764.00
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toshiba tec corp (6588) Details

Toshiba Tec Corporation, together with its subsidiaries, is engaged in the retail solutions, office solutions, supply chain solutions, and inkjet head businesses in Japan and internationally. The company operates through System Solutions Business Group and Global Solutions Business Group segments. It offers electronic cash registers, POS systems and peripheral devices, and double-sided thermal printers for retail sector; copiers, facsimile machines, other office automation devices, and multifunction peripherals for the office automation sector; and auto-ID systems, RFID tags, dot-impact printers, thermal printers, counter terminals, and printers and related equipment used for printing duplicates, receipts, and bankbooks. The company also provides printers, embedded mechanical printers, and peripherals for retail, distribution, finance, and other industries; barcode printers; and inkjet print heads for industrial applications, as well as offers kiosk and signage solutions. It has operations in Japan, the United States, Canada, Mexico, Puerto Rico, Panama, Venezuela, Brazil, Chile, the United Kingdom, France, Germany, Spain, Switzerland, Belgium, Italy, the Netherlands, Sweden, Norway, Denmark, Finland, Poland, Singapore, Malaysia, Indonesia, China, Australia, and Korea. The company was founded in 1950 and is headquartered in Tokyo, Japan. Toshiba Tec Corporation is a subsidiary of Toshiba Corporation.

Founded in 1950

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toshiba tec corp (6588) Key Developments

Toshiba Tec Corporation - Special Call

To discuss 26 fiscal management policy

Toshiba Tec Corporation Launches New B2B Go-To-Market Brand as Part of Intensive Three-Year Growth Strategy

Toshiba Tec Corporation has launched a new global go-to-market brand, Together Information for its Printing Solutions Business within the Global Solutions Business Group. In Printing Solutions Business, in addition to its core business, the strategy of differentiation based on unique factors, including the eco solutions and vertical solutions is set to enhance the business. Toshiba's unique eco solutions contribute to the customers from both ecological and economic perspective with the environmental technology including world's first paper reusable system. Toshiba's vertical solutions, based on versatile information technologies, provide its unique value especially to the customers in retail, logistics, and manufacturing industries. As part of the ongoing development and expansion of its multiple business lines, Toshiba is working to further strengthen cross-channel integration of products and services and to enhance the delivery of holistic solutions to its customers. This focus on synergy, collaboration, communication and "togetherness" is central to Toshiba's long-term business strategy and underpins its new go-to-market brand message under the Toshiba corporate brand.

Toshiba Tec Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2014; Provides Earnings Guidance for the Six Months Ending September 30, 2014 and Full Year Ending March 31, 2015; Announces Dividend, Payable on June 2, 2014; Provides Dividend Guidance for the Second Quarter of Fiscal 2015 and Year Ending March 31, 2015

Toshiba Tec Corporation reported consolidated earnings results for the year ended March 31, 2014. For the year, the company reported net sales of JPY 498,870 million compared to JPY 403,693 million a year ago. Operating income was JPY 23,086 million compared to JPY 15,885 million a year ago. Ordinary income was JPY 20,060 million compared to JPY 14,867 million a year ago. Income before income taxes and minority interests was JPY 14,364 million compared to JPY 12,880 million a year ago. Net income was JPY 7,133 million compared to JPY 6,212 million a year ago. Diluted net income per share was JPY 25.94 compared to JPY 22.61 a year ago. Net cash provided by operating activities was JPY 20,886 million against JPY 26,511 million a year ago. Purchase of property, plant and equipment was JPY 7,402 million against JPY 8,297 million a year ago. Purchase of intangible assets was JPY 7,458 million against JPY 2,031 million a year ago. The company provided earnings guidance for the six months ending September 30, 2014. For the year, the company expects net sales of JPY 250,000 million, operating income of JPY 12,000 million, ordinary income of JPY 11,000 million and net income of JPY 5,000 million or JPY 18.21 per share. The company provided earnings guidance for the year ending March 31, 2015. For the year, the company expects net sales of JPY 520,000 million, operating income of JPY 28,000 million, ordinary income of JPY 26,000 million and net income of JPY 12,000 million or JPY 43.72 per share. For the year ended March 31, 2014, the company to pay a year end dividend of JPY 4.00 compared to JPY 4.00 paid a year ago. The dividend is payable on June 2, 2014. For the second quarter of fiscal 2015, the company expects to pay dividend of JPY 6.00 compared to JPY 4.00 paid a year ago. For the year ending March 31, 2015, the company expects to pay a year end dividend of JPY 7.00 compared to JPY 4.00 a year ago.


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