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Toshiba: Sales decrease, operating profit increases

Toshiba: Sales decrease, operating profit increases

The company has released its first quarter results, the period which ended 30 June 2020. Toshiba recorded net sales of ¥599.8 billion ($5.63 billion/ €4.76 billion), a decrease of 26% compared to the same period of the previous fiscal year. Operating profit, however,...
Toshiba exists laptop business

Toshiba exists laptop business

The company has transferred its shares in Dynabook to Sharp, exiting the laptop business. In a statement Toshiba Corporation announced that it has transferred the 19.9% of the outstanding shares in Dynabook Inc. that it held to Sharp Corporation. As a result of this...
Toshiba employees raise money for charities

Toshiba employees raise money for charities

Employees of Toshiba America, Inc. raise more than $22,000 (€18,725) to support charities for COVID-19 relief. The company said that in response to the COVID-19 pandemic and the burden it is placing on so many Americans, 30 employees of Toshiba America, Inc. have...
Toshiba earns HPS contract

Toshiba earns HPS contract

Toshiba America Business Solutions has won a contract with HPS, a group purchasing organisation (GPO) supporting schools, healthcare and senior living organisations across 26 states. HPS contract No. 570 allows the GPO’s 4,100 plus members to improve document workflow...