Toshiba Corporation Revises Earnings Forecast — Ordinary Income Up 4.5%
Toshiba Corporation (TSE:8398) has revised its earnings forecast for the fiscal period ending March 31, 2026, citing changes in its investment portfolio and related gains and losses.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | 21,380 | 25,755 | 4,375 (20.4%) |
| Operating Profit | 1,480 | 1,485 | 5 (0.3%) |
| Ordinary Income | 1,100 | 1,150 | 50 (4.5%) |
| Net Profit | 1,100 | 1,150 | 50 (4.5%) |
| EPS | 185.08 | 193.50 | 980 (161.23%) |
The revision reflects the impact of selling low-yield bonds and other securities, which resulted in higher bond loss provisions, while also benefiting from gains from stock sales and a tender offer by Tyo Co. for Kikugawa Pharmaceutical Co. shares. Additionally, increased interest and dividend income contributed to the rise in ordinary income.
The adjustment highlights the impact of Toshiba’s ongoing review of its investment portfolio, which is expected to enhance profitability from financial assets. However, actual results may vary due to market conditions and other external factors.