Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2016
(Based on Japanese GAAP)
August 5, 2016
Company name:TOSHIBA TEC CORPORATION
Stock exchange listing: Tokyo
Stock code:
Representative:

6588
URL http://www.toshibatec.co.jp/
President and CEO
Takayuki Ikeda

Inquiries:

Senior Manager of Corporate
Communications Division

Takashi Mizuno

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:TEL

03-6830-9151

August 12, 2016
–NoNo

(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2016 (from April 1, 2016 to June 30, 2016)(1) Consolidated operating results (cumulative)
Net sales
Three months ended June 30, 2016
Three months ended June 30, 2015

Millions of yen120,183
127,023

Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
owners of parent% Millions of yen% Millions of yen% Millions of yen%
(5.4)
1,508
–
1,701–
301–
5.1(1,237)–(2,071)–(4,818)–

Earnings per share

Diluted earnings per share

Yen
1.09
(17.54)Three months ended June 30, 2016
Three months ended June 30, 2015

Yen
1.09
–

(2) Consolidated financial position
Total assets

Net assets

Millions of yen
256,814281,615

As of June 30, 2016
As of March 31, 2016

Equity ratio

Millions of yen
61,37170,359

%
19.7
20.4

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen
0.00

Yen–

Yen
0.00

Yen
0.00

0.00

–––

Year ended March 31, 2016
Year ending March 31, 2017
Year ending March 31, 2017 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2017 (from April 1, 2016 to March 31, 2017)
Net sales
Millions of yen
Six months ending
September 30, 2016
Full year

Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen

253,000(4.4)

4,000–

2,000–(2,000)–(7.28)

520,000(2.4)

14,000873.9

10,000–

500–

1.82

1

4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2016(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

Yes(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

No
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2016

288,145,704 shares As of March 31, 2016

288,145,704 shares

Number of treasury shares at the end of the period
As of June 30, 2016

13,508,072 shares As of March 31, 2016

13,505,268 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2016

274,638,923 shares Three months ended June 30, 2015

2274,579,489 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2016

As of June 30, 2016

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade22,21776,47033,331
58,024Merchandise and finished goods
Work in process

38,4681,960

37,9362,178

Raw materials and supplies
Other

6,428
51,922

6,452
40,298

Allowance for doubtful accounts(2,774)(2,501)

Total current assets

194,694

175,720

31,34529,122

Goodwill
Other

8,633
8,307

7,496
7,594

Total intangible assets

16,94015,090Investments and other assets
Other

Non-current assets
Property, plant and equipment
Intangible assets

38,63736,898

Allowance for doubtful accounts

(61)

(65)

Total investments and other assets

38,576

36,83386,862

81,0465947

281,615

256,814

Total non-current assets
Deferred assets
Total assets3

(Millions of yen)
As of March 31, 2016

As of June 30, 2016

Liabilities
Current liabilities
Notes and accounts payable - trade71,17562,826

Short-term loans payable
Accounts payable - other

3,407
29,5571,460
28,993

Income taxes payable
Other

3,643
50,8191,754
49,916

Total current liabilities

158,604

144,949

Non-current liabilities
Net defined benefit liability

38,68738,194

Other

13,965

12,298

Total non-current liabilities

52,65250,493

211,256

195,443

Capital stock
Capital surplus

39,97052,97039,97052,970Retained earnings
Treasury shares(41,006)(5,523)(40,705)(5,524)

Total shareholders' equity

46,411

46,712

Total liabilities
Net assets
Shareholders' equity

Accumulated other comprehensive income
Valuation difference on available-for-sale securities

1,476

1,219

Deferred gains or losses on hedges
Foreign currency translation adjustment

71
11,74054,595

Amount of minimum pension debt adjustment
Remeasurements of defined benefit plans(461)(1,857)(444)(1,600)

Total accumulated other comprehensive income

10,9693,777

Subscription rights to shares
Non-controlling interests

116
12,862

116
10,765

Total net assets

70,35961,371

281,615

256,814

Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended

Three months ended

June 30, 2015

June 30, 2016

Net sales
Cost of sales

127,023
73,058120,183
68,192Gross profit

53,96551,990

Selling, general and administrative expenses

55,20250,481

Operating income (loss)(1,237)

1,508Interest income
Dividend income

146
24

63
22

Gain on sales of non-current assets
Foreign exchange gains

–
833

158
–

Gain on valuation of derivatives
Other

–
136

587
44

1,140

876

167

183

–
1,197

150
–

609

348

Non-operating income

Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Loss on valuation of derivatives
Other

1,974

683

Ordinary income (loss)

Total non-operating expenses(2,071)

1,701

Extraordinary losses
Impairment loss

465–

Restructuring cost

59334

Total extraordinary losses

524

334

Profit (loss) before income taxes(2,595)

1,367

Income taxes

1,832

1,975

Loss

(4,428)(608)

390(910)(4,818)

301

Profit (loss) attributable to non-controlling interests
Profit (loss) attributable to owners of parent5

Consolidated statements of comprehensive income (cumulative)(Millions of yen)

Loss
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Minimum pension liability adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

6

Three months ended

Three months ended

June 30, 2015

June 30, 2016
(4,428)

(608)

287
(7)

(257)
(65)

3,185
(22)

(8,333)
24

156

257

3,600

(8,373)(827)(8,982)(1,763)(6,889)935(2,092)