OREANDA-NEWS. Toshiba Corporation announced its consolidated results for the first six months (April-September) and the second quarter (July-September) of fiscal year (FY) 2014, ending March 31, 2015. All comparisons in the following are based on the same period a year earlier, unless otherwise stated.

Toshiba Group's net sales increased by 107.7 billion yen to 3,108.4 billion yen, reflecting a significant sales increase in the Energy & Infrastructure segment and higher sales in the Community Solutions segment.

Consolidated operating income increased by 8.2 billion yen to 115.1 billion yen. Although the PC business recorded restructuring expenses of 20.0 billion yen, the Electronic Devices & Components segment maintained high profitability, the Energy & Infrastructure and Community Solutions segments recorded higher operating income, and the Lifestyle Products & Services segment improved.

Income (loss) from continuing operations before income taxes and noncontrolling interests in creased by 13.8 billion yen to 67.3 billion yen, reflecting a lighter asset base, depreciating yen and other factors despite expenditures on restructuring for the future.

Net income (loss) attributable to shareholders of the Company increased solidly by 9.3 billion yen to 30.8 billion yen/

Over the second quarter (July-September, 2014), consolidated net sales increased by 70.8 billion yen to 1,700.4 billion yen. Although the Lifestyle Products & Services segment saw lower sales due to a shift in focus to redefined sales territories, the Energy & Infrastructure segment recorded a significant increase in sales, and the Community Solutions, Healthcare Systems & Services, and Electronic Devices & Components segments saw higher sales.

Consolidated operating income decreased by 6.2 billion yen to 75.6 billion yen. The Energy & Infrastructure, Community Solutions, and Electronic Devices & Components segments recorded higher sales. Most notably, the Electronic Devices & Components segment achieved record operating income for a quarter. On the other hand, the Healthcare Systems & Services segment saw a decrease in operating income, and the Lifestyle Products & Services segment saw deteriorated operating income, reflecting restructuring expenses of 20.0 billion yen recorded by the PC business.

Owing to the effects of a lighter asset base and yen depreciation, income (loss) before income taxes and noncontrolling interests in creased by 14.9 billion yen to 50.0 billion yen, despite expenditure on restructuring for the future.

Net income attributable to shareholders of the Company increased by 5.7 billion yen to 21.9 billion yen.