May 10, 2024

Listed company:

Toshiba Tec Corporation

Representative:

Hironobu Nishikori

Representative Director

President and Chief Executive Officer

(Securities code: 6588, Tokyo Stock Exchange)

Contact:

Akira Abe

General Manager of Corporate Communications Division

(Tel: +81-3-6830-9151)

Notice of differences between the non-consolidated financial results

for the fiscal year ended March 31, 2024, and those for the previous fiscal year

Toshiba Tec Corporation hereby announces that the following differences have arisen between the non-consolidated financial results for the fiscal year ended March 31, 2024, released today, and the actual non-consolidated financial results for the previous fiscal year.

1. Differences between the non-consolidated financial results for the fiscal year ended March 31, 2024 and the actual results for the previous fiscal year (April 1, 2023 to March 31, 2024)

Net sales

Operating profit

Ordinary profit

Net income

Basic

earnings per

share

Fiscal results for

Million yen

Million yen

Million yen

Million yen

Yen

March 31, 2023 (A)

230,912

(10,073)

5,884

(8,064)

(145.72)

Fiscal results for

268,846

1,282

31,939

8,954

(165.45)

Change (%)

16.4

442.8

17,018

March 31, 2024 (B)

Change (B)-(A)

37,934

11,355

26,055

2. Reasons for the differences

The differences between the non-consolidated financial results for the fiscal year ended March 31, 2024, and the actual results for the previous fiscal year (April 1, 2023, to March 31, 2024) are as above; net sales increased due to increased sales of POS systems for the domestic markets and multifunction peripherals (MFPs), and the impact of foreign exchange rates etc.

Operating profit increased due to the profitability of POS systems for the domestic markets have improved, in addition to the significant improvement of profitability of MFPs derived from larger sales.

Ordinary profit and net income increased due to an increase in dividend income and deferred tax assets recorded despite the recoding of Provision of Allowance for Doubtful Accounts.

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Toshiba TEC Corporation published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 06:04:10 UTC.