Toshiba Posts Record Highs for Revenue and Profit

As a privately held company that was delisted in 2023, Toshiba Corporation, free from shareholder activist struggles and other pressures, again reported excellent financial results, with the company reporting financial results for the first six months (March 31 to September 30, 2026) of its current fiscal year.

In a nutshell, net income increased significantly and was approximately eight times higher year-over-year (YoY), due to factors including the increased valuation of Kioxia shares, and reached a record high. Higher sales in all business areas, including Retail & Printing, resulted in an overall YoY increase in net sales, which were up 21.6 percent YoY.

Net revenue was ¥1,962.0 billion ($12.3 billion), up 21.6 percent YoY; operating income was ¥234.7 billion ($1.5 billion), up almost 50 percent YoY; and net income was ¥2,528.3 billion ($15.8 billion), up approximately eight times YoY.

For its fiscal year that ends on March 31, 2027, Toshiba forecasts that it’s highly likely to achieve operating profit of ¥380 billion ($2.4 billion), and a 10 percent operating margin that it set when it was delisted in 2023 and became a privately held company. It also expects its medium- to long-term growth trend to continue.

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August 2026: Toshiba Reports Stellar First-Quarter Financial Results, Soaring Profit and Income