sector: Industrials ·
industry: Industrial Machinery & Equipment ·
Toshiba Machine Co., Ltd. is mainly engaged in the manufacture and sale of industrial machinery and equipment. The Company operates in three business segments. The Molding Machines segment manufactures and sells injection molding machines, twin-screw compounders, die-casting machines, as well as the sale of repair parts and the provision of installment, repair and maintenance services. The Machine Tools segment is engaged in the manufacture, sale, installment, repair and maintenance of machine tools, as well as the sale of repair parts. The Others segment is engaged in the manufacture and sale of hydraulic machines and electronic control devices, as well as the sale of measuring devices. The Company has 20 subsidiaries, three associated companies and one affiliated company.
BRIEF: For the six months ended 30 September 2009, Toshiba Machine Co., Ltd.'s revenues decreased 48% to Y37.21B. The Company's net loss totaled Y3.03B, vs. an income of Y4.80B. Revenues reflect lower sales from the forming machine, machine tools and other segments. Net loss also suffers from unfavorable gross and operating profit margins, absence of Y265M foreign exchange gain and Y251M reversal gain on allowance for doubtful account.
Toshiba Machine Co.,Ltd.
2-2-2 Uchisaiwai-cho
Chuo-ku TKY 100-0011
P: +813.35090204