1、 2025 Toshiba Corporation FY2024 Consolidated Business ResultsToshiba CorporationMay 15,20252 2025 Toshiba Corporation Highlights(Yen in billions)*1 Since FY2018,when the memory business was excluded from the companys portfolio *2 Provision for product warranty,etc.,and analysis of project costs,etc
2、.*3 Kioxia Holdings Corporation*4 EBITDA=Operating income+Depreciation+Goodwill impairment *5 Free cash flows exclude the impact of restricted cash*The Groups financial statements are based on US-GAAP.Higher sales and higher operating income YoY;Highest net sales,operating income and net income*13 2
3、025 Toshiba Corporation Comment on FY2024 Consolidated Business Results Continuing from Q3,net sales increased,while operating income before and after provisions,etc.,and net income were all in the black and significantly surpassed the previous year.This allowed us to achieve the highest results sin
4、ce the exclusion of the memory business from the companys portfolio.Substantial increases in operating income in all segments,both before and after provisions,etc.,reflected good performances in HDDs and Others,Power Generation Systems,Transmission&Distribution Systems,Railways and Industrial System
5、s,etc.,and an improvement in Building Solutions,which advanced profit-focused reforms.As a result,operating income was 198.5 billion yen,approximately five times that of the last fiscal year.Management reforms and self-help efforts,such as price reviews and fixed cost reductions,are steadily bearing
6、 fruit.Reinforced risk analysis suppressed provisions,etc.by approximately half YoY.Net income was 279.0 billion yen(+353.8 billion yen YoY),a significant increase and a continuation from Q3,on an increase in equity earnings from affiliates due to Kioxiasimproved performance.We announced Toshibas Re