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东芝TOSHIBA(TOSYY)2024财年业绩报告「OTC」(英文版)(6页).pdf

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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

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Toshiba Corporation released its FY2024 consolidated business results, highlighting significant year-on-year (YoY) improvements in sales, operating income, and net income. The company’s financial statements adhere to US-GAAP. Key points include: - Sales and operating income increased YoY, with the company achieving its highest net sales, operating income, and net income since the exclusion of the memory business. - Operating income across all segments significantly rose, driven by strong performances in HDDs, power generation, transmission, distribution systems, railways, and industrial systems, as well as improved building solutions. - Operating income was 198.5 billion yen, about five times the previous fiscal year,受益于管理改革和自救措施,如价格审查和固定成本削减,这些措施正在逐步取得成果。加强风险分析使拨备等减少了约一半 YoY. - Net income was 279.0 billion yen (+353.8 billion yen YoY), a substantial increase, primarily due to higher equity earnings from affiliates, mainly Kioxia’s improved performance. - In the first year of its "Toshiba's Revitalization Plan," the company achieved a leaner and stronger posture. For FY2025, it is focusing on preparing for medium- to long-term growth, aiming to expand profitability and achieve a return on sales (ROS) of 10% by FY2026. Overall, Toshiba's FY2024 results reflect a significant turnaround and a promising outlook for the company's future growth.
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