Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Three Months Ended June 30, 2018
[Japanese GAAP]
August 08, 2018
Company name: TOSHIBA TEC CORPORATION
Stock exchange listing: Tokyo
Code number: 6588
URL: http://www.toshibatec.co.jp/Representative: Takayuki Ikeda
President and CEO
Contact: Takashi Mizuno
Senior Manager of Corporate Communications Division
Phone: 03-6830-9151
Scheduled date of filing Quarterly Securities Report: August 10, 2018
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: No
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Three Months Ended June 30, 2018 (April 01, 2018 to June 30, 2018)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet sales
Operating profit
Ordinary profitowners of parent
Million yen%
Million yen%
Million yen%
Million yen%Three months ended
June 30, 2018
114,404
(1.1)
4,268
26.9
3,355
9.9
1,608
10.2
June 30, 2017
115,662
(3.8)
3,363
123.0
3,052
79.4
1,459
384.1
(Note) Comprehensive income:Three months ended June 30, 2018:¥1,849 million [(13.0) %]Three months ended June 30, 2017:¥
2,126 million [-%]
Basic earnings
per share
Three months ended
June 30, 2018
June 30, 2017

Diluted earnings pershare
YenYen

5.85
5.31

5.84
5.30(2) Consolidated Financial Position
Total assets
As ofJune 30, 2018
March 31, 2018
(Reference) Equity:

Net assets

Million yen

276,484
282,630
As of June 30, 2018:
As of March 31, 2018:

Capital adequacy ratio

Million yen¥¥

1

93,59993,21583,310 million
82,518 million

%

30.1
29.2

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2018

-

3.00

-

5.00

8.00

Fiscal year ending March 31, 2019

4.00

-

20.00

-

Fiscal year ending March 31, 2019(Forecast)(Note) Revision to the forecast for dividends announced most recently:

Year-end

Total

No

The Company plans to carry out the share consolidation at a ratio of one for every five common shares, effective on October 01,
2018. Accordingly, the amount of the year-end dividend per share for the year ending March 31,2019 (Forecast) takes this shareconsolidation into account and disclosure of the total annual dividends per share is described as "-". For details, please refer to"Dividends and consolidated earnings forecasts after the share consolidation".

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2019 (April 01, 2018 to March 31, 2019)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share
Million yen% Million yen% Million yen%

Million yen%

Yen

Six months ending
240,000(1.3)
6,000(42.3)
4,500(52.8)
2,000(61.2)
7.28
September 30, 2018
Full year
500,000(2.6)
18,000(26.7)
15,000(34.1)
8,000(54.3)
145.61(Note) Revision to the financial results forecast announced most recently: No
Basic earnings per share for consolidated earnings forecasts for the year ending March 31, 2019 (Forecast) takes the shareconsolidation into account. For details, please refer to "Dividends and consolidated earnings forecasts after the share consolidation".
* Notes:(1) Changes in significant subsidiaries during the three months ended June 30, 2018(changes in specified subsidiaries resulting in changes in scope of consolidation):
New:(Company name:
Exclusion:(Company name:No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2018:
288,145,704 shares
March 31, 2018:
288,145,704 shares2) Total number of treasury shares at the end of the period:
June 30, 2018:
13,407,408 shares
March 31, 2018:
13,441,335 shares
3) Average number of shares during the period:
Three months ended June 30, 2018:
Three months ended June 30, 2017:274,702,412 shares
274,726,907 shares2))

*(Dividends and consolidated earnings forecasts after the share consolidation)
At the 93th Annual General Meeting of Shareholders of TOSHIBA TEC CORPORATION held on June 26, 2018,

it wasapproved to carry out the share consolidation at a ratio of one for every five common shares, effective on October 01, 2018.
On the assumption that share consolidation is not carried out, dividends and consolidated earnings forecasts for the year ending March31, 2019 are as follows:(1) Dividends forecasts for the year ending March 31, 2019
Dividends per share
Year-end : 4 yen(2) Consolidated earnings forecasts for the year ending March 31, 2019
Basic earnings per share
Full year : 29.12 yen

3Quarterly Consolidated Financial Statement
Consolidated Balance Sheet(Million yen)
As of March 31, 2018
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

4

As of June 30, 201857,35567,99632,885
1,525
6,758
32,775(1,925)
197,373

63,34751,50335,021
1,783
7,290
33,668(1,786)
190,827

28,09027,657

4,083
9,052
13,135

3,790
8,727
12,51844,138(107)
44,03085,257
282,630

45,588(106)
45,48285,657
276,484

(Million yen)
As of March 31, 2018
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Net defined benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Minimum pension liability adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

5

As of June 30, 2018

59,604304
4,771
75,218139,898

57,879321
2,523
72,606
133,33135,77913,73749,516
189,415

35,677
13,87649,554
182,885

39,97012
35,861(5,507)70,33739,97036,773(5,495)71,249

2,181

2,289

(22)
10,207(655)468
12,180153
10,543
93,215
282,630(2)
9,904(653)523
12,061
132
10,156
93,599276,484

Quarterly Consolidated Statement of Income and Comprehensive Income
Quarterly Consolidated Statement of Income (For the three months)(Million yen)
For the three months
ended June 30, 2017
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gainsOther
Total non-operating income
Non-operating expenses
Interest expenses
Loss on valuation of derivatives
Other
Total non-operating expenses
Ordinary profit
Extraordinary losses
Restructuring cost
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

6

For the three months
ended June 30, 2018

115,662
67,99147,67144,307
3,363

114,404
65,85548,54944,280
4,268

147
21
422
64
656

117
23
25
94
261

146
452
368
967
3,052

88
807
279
1,1753,355

4242
3,009
1,556
1,453(6)
1,459

3,355
1,662
1,692
84
1,608

Quarterly Consolidated Statement of Comprehensive Income (For the three months)(Million yen)
For the three months
ended June 30, 2017Profit
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 ofparent
Comprehensive income attributable to non-controllinginterests

7

For the three months
ended June 30, 2018
1,453

1,69236213228(32)1016722,126107
19(22)
(2)
55156
1,849

2,093

1,489

32360

Notes to Quarterly Consolidated Financial Statement(Changes in Accounting Policy)
TOSHIBA TEC CORPORATION Group's subsidiaries reporting under IFRS and US GAAP have applied IFRS 15 andASU 2014-09 "Revenue from Contracts with Customers" from the three months ended June 30, 2018.
The impact of this change on profit or loss for the three months ended June 30, 2018 is insignificant.
The Group has adopted the approach of recognizing the cumulative effect of applying this standard at the date of initial
application as permitted by transitional method of IFRS 15 and ASU 2014-09.
(Additional Information)
TOSHIBA TEC CORPORATION has applied the ASBJ Statement No. 28 "Partial Amendments to AccountingStandard for Tax Effect Accounting" and relevant Guidances effective from the beginning of the first quarter of the fiscal
year ending March 31, 2019. Accordingly, Deferred tax assets were classified as Investments and other assets, andDeferred tax liabilities were classified as Non-current liabilities.

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