Toshiba: Fiscal 2Q21 Financial Results

Toshiba Corporation announced its consolidated results for the first 6 months (April-September) and the second quarter (July-September) of FY21, ending March 31, 2022.

Into electronic devices and storage solutions, HDDs (with also materials and devices, and resale of memory products, etc.), represented ¥259.5 billion in 1FH21, up 83.4% compared to 1FH20, with operating income of ¥22.7 billion, up yearly 18.6%. That’s the result of recovery of operation rate in factories, increased sales in high capacity HDDs for large-scale data centers.

Forecast for this segment is ¥510.0 billion for entire FY21, up 28% from FY20.