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Toshiba bullish while rivals weep Yen

April 30th, 2006 · 1 Comment

Toshiba SED TVs

Despite carrying the burden of developing and making a hefty investment in technology (pictured above), Toshiba’s financial results for the 2005 fiscal year have a rosy glow with a reported 16 per cent profit rise to 41.69 billion Yen in the last quarter. The corporation’s consolidated sales in 2005 were 6,343.6 billion Yen, 507.4 billion Yen higher than the previous fiscal year.
Consolidated income increased by 85.8 billion yen from the same period a year earlier, to 204.6 billion Yen.
The Corporation confirmed that all its business segments have posted healthy results. Income was up 67 billion Yen to 178.2 billion Yen, with net income up by 32.2 billion Yen to 78.2 billion Yen, year on year.
Net sales of digital products increased by 14 per cent, to 312.3 billion Yen; its operating income was 20.9 billion, up 13.6 billion Yen. Mobile phones and storage all performed well. Toshiba’s LCD business remained profitable, but is under pressure from falling prices.

See also:

JVC left reeling – but remains confident in D-ILA TV tech

Sharp announces record profits powered by Aquos LCD TVs

Falling LCD prices batter Samsung profits

LG flatpanel TVs a roaring success

Sony bleeds red ink but electronics are looking up

Tags: HD DVD and Blu-ray · LCD TV · Trade

1 response so far ↓

  • 1 SED TV Forums // May 1, 2006 at 5:04 pm

    I hope that the recently announced delay in the SED TV launch won’t hurt Toshiba too badly in fiscal 2006.

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