Toshiba Tec (6588) Q4 2025 earnings summary

Executive summary

• FY2024 net sales reached 577.0 billion yen, up 5% year-over-year, setting a record high, driven by overseas POS sales and favorable FX rates.

• Operating profit was 20.3 billion yen, up 28% year-over-year and exceeding forecasts.

• Net profit attributable to owners was 29.9 billion yen, reversing a prior year loss, aided by business divestiture gains.

• Both retail and workplace businesses achieved operating profit plans, with overseas retail turning profitable in H2.

• Major business transfers included MFPs and auto ID systems to ETRIA and inkjet head businesses to RISO Technologies.

Financial highlights

• Net sales: 577.0B yen (+5.0B vs forecast, +28.9B YoY, up 5%).

• Operating profit: 20.3B yen (+2.3B vs forecast, +4.4B YoY, up 28%).

• Ordinary profit: 18.3B yen (+3.3B vs forecast, +7.3B YoY, up 67%).

• Net profit: 29.9B yen (+5.9B vs forecast, +36.6B YoY, vs. loss prior year).

• Basic earnings per share: 565.44 yen (vs. loss of 123.92 yen prior year).

Outlook and guidance

• FY2025 forecast is undetermined due to market uncertainty, U.S. tariffs, FX trends, and geopolitical risks.

• Operating profit for FY2025 expected to improve by ~20% before tariff impact; cost increases to be offset by price adjustments and supply chain review.

• Focus remains on expanding solutions, leveraging global platforms, and enhancing recurring revenue.