Toshiba Tec reported a modest revenue increase and a return to profitability for the fiscal year ended 31 March 2025, supported by strong overseas demand for POS systems and strategic business divestments.
Net sales rose 5% year-on-year to ¥577 billion ($3.7 billion/ €3.4 billion), while operating profit climbed 28% to ¥20.3 billion ($130 million/ €120 million). The company posted a net profit of ¥29.9 billion ($191 million/ €177 million), reversing a ¥6.7 billion loss in the previous year.
Toshiba Tec pursued its mid-term strategy to become a “global top solutions partner” by enhancing profitability, expanding into new business areas, and promoting sustainability. Key to the year’s performance was an improved profit margin on overseas POS system sales, particularly in the Americas, as well as gains from asset transfers.
The Workplace Solutions Business Group, which includes the company’s MFP, auto ID, and inkjet operations, faced a challenging environment marked by falling print volumes and intense market competition. Despite increased MFP sales in the Americas and Asia, and a positive currency impact, group operating profit declined 11% to ¥12.2 billion ($78 million/ €72 million). Revenue for the segment rose 2% to ¥247.1 billion ($1.58 billion/ €1.46 billion).
In July 2024, Toshiba Tec transferred MFP and auto ID development and manufacturing operations to ETRIA Co., Ltd., a joint venture with Ricoh, and exited its inkjet head business, transferring it to RISO Technologies. While MFP and auto ID sales divisions remained in-house, the inkjet transfer fully removed related sales after July, weighing on segment results.
The company has withheld guidance for FY2026, citing uncertainties around geopolitical tensions and new US tariffs. It confirmed the domestic MFP sales business will be moved from Workplace to Retail Solutions in the new fiscal year.
