Toshiba Corporation announced its performance indicators for the first half of the 2023 financial year, which was closed on September 30. Revenue for the six months amounted to ¥1,5 trillion ($9,98 billion) versus ¥1,6 trillion a year earlier. Thus, the year-on-year decline was recorded at 6%. However, negative market trends also affected Seagate and Western Digital. During the period under review, the company suffered a net loss of ¥52,14 billion ($347,57 million). For comparison, during the first half of fiscal year 2022, Toshiba showed a net profit of about ¥100,66 billion. If we consider only the second quarter of fiscal year 2023, Toshiba received ¥26,7 billion (approximately $176,77 million) of net losses. For comparison: a year earlier, a net profit of ¥74,77 billion was demonstrated. At the same time, quarterly revenue year-on-year decreased from ¥854,56 billion to ¥793,54 billion, that is, by 7,1%.
Source: 3dnews.ru