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 Nine Months Ended December 31, 2015
(Based on Japanese GAAP)
March 14, 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 DivisionTakashi 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

March 14, 2016
–Yes
Yes

(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended December 31, 2015 (from April 1, 2015 to December 31, 2015)(1) Consolidated operating results (cumulative)
Net sales
Nine months ended December 31, 2015
Nine months ended December 31, 2014

Millions of yen
394,554
386,658

Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
owners of parent% Millions of yen% Millions of yen% Millions of yen%
2.0
3,275 (75.4)(250)–(77,604)–
6.7
13,306 (14.6)
8,981 (36.9)
3,471 (41.0)

Earnings per share

Diluted earnings per shareYen(282.58)
12.64

Nine months ended December 31, 2015
Nine months ended December 31, 2014

Yen–12.62(2) Consolidated financial position
Total assets

Net assets

Millions of yen
352,023
416,769

As of December 31, 2015
As of March 31, 2015

Equity ratio

Millions of yen
123,733
203,108%
25.7
41.1

2. Cash dividends
Annual dividends per share

Year ended March 31, 2015
Year ending March 31, 2016

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
6.00
0.00

Yen––

Yen
7.00

Yen
13.00

0.00

0.00

Year ending March 31, 2016 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2016 (from April 1, 2015 to March 31, 2016)
Net sales
Full yearMillions of yen
530,000

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
1.0
6,000 (64.8)
2,000 (80.8)(79,000)–(287.64)

1

4. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2015(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:

Yes
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 December 31, 2015

288,145,704 shares As of March 31, 2015

288,145,704 shares

Number of treasury shares at the end of the period
As of December 31, 2015

13,501,132 shares As of March 31, 2015

13,561,637 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2015

274,619,955 shares Nine months ended December 31, 2014

2

274,554,212 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2015

As of December 31, 2015

AssetsCurrent assets
Cash and deposits
DepositPaidInSubsidiariesAndAffiliates

21,81033,154

20,416
40,588Notes and accounts receivable - trade
Merchandise and finished goods

81,01636,30374,89544,448Work in process
Raw materials and supplies

2,444
6,967

3,034
7,524

Other
Allowance for doubtful accounts

59,293(1,405)55,001(1,455)

Total current assets

239,584

244,453

33,56032,76836,911

10,433

Other70,13827,227

Total intangible assets

107,049

37,661Other
Allowance for doubtful accounts

36,533(62)37,130(60)

Total investments and other assets

36,47037,069177,081

107,500

103

70

416,769

352,023Non-current assets
Property, plant and equipment
Intangible assets
Goodwill

Investments and other assets

Total non-current assets
Deferred assets
Total assets3

(Millions of yen)
As of March 31, 2015

As of December 31, 2015

Liabilities
Current liabilities
Notes and accounts payable - trade

90,08074,072

Short-term loans payable
Income taxes payable

2,028
3,598

26,489
2,521

Other

69,00774,590Total current liabilities

164,715

177,674

37,887
11,05837,512
13,103

Non-current liabilities
Net defined benefit liability
Other
Total non-current liabilities

48,94650,615

213,661

228,290

Shareholders' equity
Capital stock

39,97039,970Capital surplus
Retained earnings

52,96564,364

52,971(15,163)

Total liabilities
Net assets

Treasury shares(5,542)(5,521)

Total shareholders' equity

151,759

72,256

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

1,513
3

1,576
(9)

Foreign currency translation adjustment
Amount of minimum pension debt adjustment

18,014(568)

16,413(564)

Accumulated other comprehensive income

Remeasurements of defined benefit plans
Total accumulated other comprehensive income

440

910

19,404

18,325

Subscription rights to shares

116

116

Non-controlling interests

31,82833,035

Total net assets

203,108

123,733

416,769

352,023

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)
Nine months ended

Nine months ended

December 31, 2014

December 31, 2015

Net sales
Cost of sales

386,658
221,331394,554
227,693

Gross profit

165,327

166,861

Selling, general and administrative expenses

152,021

163,585

Operating income

13,3063,275Interest income
Dividend income

286
39

334
87

Gain on valuation of derivatives
Other

303
363

–
273

Total non-operating income

992

695

414

654

Loss on sales and retirement of non-current assets
Foreign exchange losses

26
2,486

107476

Loss on valuation of derivatives
Settlement package

–
1,104

1,136
–

Other

1,285

1,846

Total non-operating expenses

5,317

4,222

8,981

(250)

–

66,246

Restructuring cost
Loss on transfer of business649–1,010
325

Total extraordinary losses

649

67,581

Income (loss) before income taxes and minority interests

8,332(67,832)

Income taxes

4,287

8,423

Profit (loss)

4,045(76,256)

Non-operating income

Non-operating expenses
Interest expenses

Ordinary income (loss)
Extraordinary losses
Impairment loss

Profit attributable to non-controlling interests

573

1,348

Profit (loss) attributable to owners of parent

3,471(77,604)5

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

Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Minimum pension adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income

Nine months ended

Nine months ended

December 31, 2014

December 31, 2015

4,045

(76,256)

532
416

61(13)

19,201(106)(1,754)13558

471

20,601(1,221)

Comprehensive income

24,646(77,477)

Comprehensive income attributable toComprehensive income attributable to owners of parent

19,553(78,683)

5,092

1,205

Comprehensive income attributable to non-controllinginterests

6