FY2018 First Six Months
Consolidated Business Results

November 7, 2018

© 2018 Toshiba Tec Corporation

Content01

Key Messages

02

FY2018 First Six Months
Consolidated Business Results

03

FY2018 Forecast© 2018 Toshiba Tec Corporation1

Key Messages
Achieved profit as planned for the first half of FY2018
Achieved profit as planned for operating profit, ordinary profit andnet profit.

The operating profit of the overseas retail solutions
business expanded
Significant increase of profit due to increased sales of profitableproducts such as Self Checkout System and software products.

The equity ratio recoveredThe equity ratio recovered to 31.1% due to increased net profit.

© 2018 Toshiba Tec Corporation2

Content01

Key Messages

02

FY2018 First Six Months
Consolidated Business Results

03

FY2018 Forecast© 2018 Toshiba Tec Corporation

3

FY2018 First Six Months Business Results
FY2018/1H

FY2018/1H

FY2017/1H

ActualForecast(May 9)Actual(Billions of yen)

Difference
vs. FY2018/1HForecast

vs. FY2017/1H
Actual△3.9△7.1+1.2△3.2+1.4△3.6+2.3

△0.8

236.1

240.0

243.2

7.2

6.0

10.4

(3.0%)(2.5%)(4.3%)

5.9

4.59.5(2.5%)(1.9%)(3.9%)

4.3

2.0

5.2

(Rate of sales)(1.8%)(0.8%)(2.1%)

US$109.50

110.00111.20

△0.50

△1.70

EUR129.52

130.00125.60△0.48+3.92

Net Sales
Operating Profit(Rate of sales)

Ordinary Profit(Rate of sales)
Profit Attributable toOwners of Parent

Foreign currency
exchange rate (Yen)© 2018 Toshiba Tec Corporation4

Operating Profit Analysis of FY2018/1H
Gross Profit(Billions of yen)

SG&A

+0.4
△3.2
Currency
Exchange

10.4+1.1
Decrease inNet SalesOthers△1.0△1.6+1.1

PersonnelExpensesOthers

R&D

7.2

FY2018/1H
Operating
Profit

FY2017/1H
OperatingProfit© 2018 Toshiba Tec Corporation

5FY2018 First Six Months Business Results by Segment(Billions of yen)

RetailSolutions
BusinessGroupNet Sales
Operating Profit(Rate of Sales)

PrintingSolutions
BusinessGroupNet Sales
Operating Profit(Rate of Sales)

Net Sales
Consolidated
Total

Operating Profit(Rate of Sales)

FY2018/1H

FY2017/1H

Difference

ActualActualvs. FY2017/1H
Actual

145.5

150.6

5.2

6.2

(3.6％)(4.1％)

94.8

98.3

2.0

4.2

(2.1%)(4.2%)

236.1

243.2

7.2

10.4

(3.0%)(4.3%)© 2018 Toshiba Tec Corporation

△5.1

△1.0
△3.5
△2.2

△7.1
△3.2
6

Balance Sheet(Billions of yen)

Assets

282.6
57.4

Liabilities and Net Assets

282.6

277.7
56.9

-Cash and cash
equivalents

68.0

57.4

-Notes andaccounts
receivable-trade

41.2

42.1

-Inventories

30.8

32.5

-Other current
assets85.3

88.8-Non-current
assets

18/3E

18/9E

0.3

277.7
0.3

-Loanspayable

189.1

181.3

-Otherliabilities

93.2

96.1

-Net
assets

18/3E

18/9E

Equity ratio increased by 1.9% to 31.1%© 2018 Toshiba Tec Corporation

7FY2018/1H Cash Flows(Billions of yen)Free cash flow
Cash flows from investing activities

9.9

9.9
4.4

Cash flows from operating activities

3.4

△5.5

△6.5

FY2017/1H

FY2018/1H

Increased cash flows from operating activities throughefficient cash management© 2018 Toshiba Tec Corporation

8

Content01

Key Messages

02

FY2018 First Six Months
Consolidated Business Results

03

FY2018 Forecast© 2018 Toshiba Tec Corporation

9

FY2018 Forecast, Overall(Billions of yen)

FY2018FY2018FY2017

ForecastForecast(May 9)Actual

500.0

500.0

513.3

18.018.0

24.5(3.6%)(3.6%)(4.8%)

15.0

15.0

22.8

(3.0%)(3.0%)(4.4%)

8.0

8.0

17.5

(Rate of sales)(1.6%)(1.6%)(3.4%)

US$

109.75*110.00EUR129.76*

130.00Net Sales

Operating Profit(Rate of sales)

Ordinary Profit(Rate of sales)
Profit Attributable toOwners of Parent

Foreign currency
exchange rate (Yen)

Difference
vs. FY2018 FC(May 9)

vs. FY2017
Actual-△13.3-

△6.5-

△7.8-

△9.5

111.21

△0.25

△1.46

129.34

△0.24

+0.42

＊Foreign currency exchange rates of 18/2H forecasts are US$=110yen, EUR=130yen.

© 2018 Toshiba Tec Corporation

10FY2018 Forecast by Segment
FY2018FY2018FY2017ForecastForecast(May 9)

Actual

308.0

303.0

324.5

Operating Profit

10.0

8.5

17.3

(Rate of Sales)(3.2％)(2.8％)(5.3%)

204.0

209.0

200.0

Operating Profit

8.0

9.5

7.3

(Rate of Sales)(3.9%)(4.5%)(3.6%)

500.0

500.0

513.3

Operating Profit

18.0

18.0

24.5

(Rate of Sales)(3.6%)(3.6%)(4.8%)(Billions of yen)

RetailSolutions
BusinessGroupNet Sales

PrintingSolutions
BusinessGroupNet Sales

Net Sales

Consolidated
Total

Difference
vs. FY2018 FC(May 9)vs. FY2017
Actual+5.0△16.5+1.5△7.3△5.0+4.0△1.5+0.7-△13.3-△6.5© 2018 Toshiba Tec Corporation11

Appendix© 2018 Toshiba Tec Corporation12

FY2018 Forecast: Impact of Currency Exchange Rate

Premise Rate

Effect of depreciationby 1 yen (Annual)

FY2018/2HSales

Operating
ProfitUS$

110 yen＋1.8 billion yen△0.0 billion yen

EUR

130 yen+0.5 billion yen＋0.2 billion yen© 2018 Toshiba Tec Corporation13

FY2018 Forecast:

Capital investment, Depreciation and Amortization, R&D expenses(Billions of yen)

Capital investment ,Depreciation and Amortization

R&D expenses
352016.0
1514.014.2 14.0

30

28.2

28.1

FY16

FY1730.015.02512.1
201015105500
FY16
Capital investment

FY17FY18
Forecast
Depreciation & Amortization

FY18
Forecast

R&D expenses© 2018 Toshiba Tec Corporation

14

Forward-looking statements concerning TOSHIBA TEC's future
performance contained in this presentation represent certain
reasonable assumptions based on economic, financial andcompetitive data and information currently available. However,actual results will be affected by the business and competitiveenvironment and may differ materially from forecasts.

© 2018 Toshiba Tec Corporation15

© 2017 Toshiba Tec Corporation

16

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