FY2022 Third Quarter
Consolidated Business Results

Toshiba Tec CorporationFeb 6, 2023

© 2023 Toshiba Tec Corporation

Contents

01 Key Messages
02

FY2022 Third Quarter
Consolidated Business Results

03 FY2022 Forecast© 2023 Toshiba Tec Corporation2

01Key Messages© 2023 Toshiba Tec Corporation

3

Key Messages
Company-wide performance in 3Q FY2022 exceeded the same period
last year
Sales, operating profit, ordinary profit and profit attributable to owners of parent in 3Q(Oct. – Dec.) FY2022 all improved from the same period last year.

Achieved revenue and profit growth in 3Q FY2022 YoY, with an operating
profit margin of 4.5%
In 3Q (Oct. - Dec.), both revenue and operating profit increased company-wide mainly due toimprovement in the Workplace Solutions Business Group, resulting in an increase in operating
profit by 1.5 billion yen with an operating profit margin of 4.5%. Sales increased in cumulative
3Q (Apr. –Dec.), and operating profit increased by 3.1 billion yen for the entire company.

Tight supply of parts and international freight transportation worldwide,
and the impact of price hikes associated with them continued
Impact of changes in external environment to operating profit: △1.0 billion yen in 3Q(Oct. – Dec.)© 2023 Toshiba Tec Corporation4

02
FY2022 Third Quarter
Consolidated Business Results© 2023 Toshiba Tec Corporation5

FY2022/Oct. – Dec. Business Results (Consolidated)(Billions of yen)

Net Sales

FY2021/3Q

Difference

ActualActualvs FY2021/3Q

130.6

111.5+19.1

5.8

4.3

+1.5

(4.5%)(3.9%)

7.2

5.0(5.5%)(4.5%)

4.4

3.7(3.3%)(3.3%)

US$143.93

113.11+30.82

EUR144.46

130.32+14.14

Operating Profit(Rate of sales)

Ordinary Profit(Rate of sales)

Profit Attributable toOwners of Parent(Rate of sales)

Foreign Currency
Exchange Rate (Yen)FY2022/3Q+2.2+0.6© 2023 Toshiba Tec Corporation6

FY2022/1Q-3Q Business Results (Consolidated)(Billions of yen)

FY2022/1Q-3Q

FY2021/1Q-3Q

Difference

ActualActualvs FY2021/1Q-3Q

Net Sales

374.5

328.5+45.9

Operating Profit

11.8

8.7+3.1(3.2%)(2.6%)

9.9

8.1(2.7%)(2.5%)△2.06.2(-%)(1.9%)

US$135.72

110.97+24.75

EUR140.30

130.87+9.43(Rate of sales)

Ordinary Profit(Rate of sales)

Profit/loss Attributable toOwners of Parent+1.9△8.2

Extraordinary loss △8.1
(Rate of sales)

Foreign Currency
Exchange Rate (Yen)© 2023 Toshiba Tec Corporation7Operating Profit Analysis of FY2022/1Q-3Q
SG&A
▲12.2

Gross Profit
+15.3

8.7

FY2021/3Q
Operating
ProfitSalesvolumeSales
mix

Impact ofexchange ratechanges+2.3+1.3+11.7

Personnel
Expenses

R&D

Others

+0.7

▲0.6

▲1.2

(Billions of yen)

Impact ofexchange ratechanges

▲11.1

11.8

FY2022/3Q
OperatingProfit© 2023 Toshiba Tec Corporation8FY2022/Oct. – Dec. Business Results by Segment(Billions of yen)

Retail Solutions
Business Group

Difference

ActualActualvs FY2021/3Q

73.0

66.0

+7.0

Operating Profit

1.3

2.5

△1.3

(1.8%)(3.9%)

80.0

73.0

70.0

6.7
7.4

50.0

FY2021/3Q

Net Sales(Rate of sales)

60.0

FY2022/3Q

20.6

66.0
4.3
6.3

16.7

OthersEurope40.0

Americas30.0

Domestic

20.0

38.3

38.7

FY2022/3Q

FY2021/3Q

10.00.0© 2023 Toshiba Tec Corporation9FY2022/1Q-3Q Business Results by Segment(Billions of yen)

Retail Solutions
Business GroupNet Sales
Operating Profit(Rate of sales)

218.4
200.0

17.8
21.5

150.0

64.8

FY2022/1Q-3Q

FY2021/1Q-3Q

Difference

ActualActualvs FY2021/1Q-3Q

218.4

197.1

+21.3

6.2

8.2

△2.1(2.8%)(4.2%)

197.1
12.0
18.4
48.6

100.0

50.0

OthersEuropeAmericas
Domestic

114.3

118.1

FY2022/1Q-3Q

FY2021/1Q-3Q

0.0© 2023 Toshiba Tec Corporation

10FY2022/Oct. – Dec. Business Results by Segment(Billions of yen)

WorkplaceSolutions
Business GroupFY2022/3Q

FY2021/3Q

Difference

ActualActualvs FY2021/3QNet Sales

58.6

46.5+12.2

Operating Profit

4.6

1.8+2.8(7.8%)(3.8%)(Rate of sales)
70.0
60.0
50.0
40.0

58.6
13.2
16.4

30.0
20.0

10.4
14.0

25.2

10.0
0.0

46.5

OthersEuropeAmericas
Domestic

18.1

3.8

4.0

FY2022/3Q

FY2021/3Q© 2023 Toshiba Tec Corporation

11FY2022/1Q-3Q Business Results by Segment(Billions of yen)

WorkplaceSolutions
Business GroupNet Sales
Operating Profit(Rate of sales)

160.0
140.0

FY2021/1Q-3Q

Difference

ActualActualvs FY2021/1Q-3Q

158.8

134.3

+24.5

5.70.4+5.2(3.6%)(0.3%)

158.8
34.2

134.3
27.9

120.0
100.0

FY2022/1Q-3Q

45.1
41.4

80.0

EuropeAmericas
Domestic

60.0
40.0

Others

68.0

53.1

20.0
0.0

11.5

11.9

FY2022/1Q-3Q

FY2021/1Q-3Q© 2023 Toshiba Tec Corporation

12Balance Sheet
Net loss and dividend payment reduced shareholders' equity,resulting in a slight decline in the equity ratio

AssetsLiabilities and Net Assets
311.7

310.3
46.7
70.8
54.5

Exchangeratechanges+3.0
Exchangeratechanges+2.8

33.5

Cash and cash
equivalents

66.9

Notes and accounts
receivables-trade,and contract assets

63.6

22.0

28.1

116.3

119.6

2022/3E

2022/12E

310.3

311.7

192.6

199.1

117.7

112.6

2022/3E

2022/12E(Billions of yen)

Liabilities

Inventories
Other current
assetsNon-current
assetsNet Assets© 2023 Toshiba Tec Corporation

13

03
FY2022 Forecast© 2023 Toshiba Tec Corporation

14

FY2022 Forecast (Consolidated)(Billions of yen)

FY2022

FY2022

FY2021

Forecast

Prev. Forecast(Nov 10)

ActualDifference
vs Prev.
Forecast

vs FY2021
ActualNet Sales

510.0

520.0

445.3

△10.0+64.7

Operating Profit

14.0

14.011.6-+2.4(2.7%)(2.7%)(2.6%)

11.5

10.0

10.2+1.5+1.3(2.3%)(1.9%)(2.3%)△2.5△2.55.4-△7.9(-%)(-%)(1.2%)

40 Yen40 Yen40 Yen--US$134.54*136.19112.05△1.65+22.49

EUR139.55*

137.23130.54+2.32+9.01(Rate of sales)

Ordinary Profit(Rate of sales)

Profit/loss Attributable toOwners of Parent(Rate of sales)

Dividend
Foreign Currency
Exchange Rate (Yen)*Foreign currency exchange rates of FY2022/4Q forecast are US$=130.00 yen, EUR=135.00 yen.
© 2023 Toshiba Tec Corporation

15

FY2022 Forecast by Segment(Billions of yen)

Retail Solutions
Business GroupNet Sales
Operating Profit(Rate of sales)

WorkplaceSolutions
Business GroupNet Sales
Operating Profit(Rate of sales)

FY2022

FY2022

FY2021

Forecast

Prev. Forecast(Nov 10)

ActualDifference
vs Prev.
Forecast

vs FY2021
Actual

287.0

297.0

267.0

△10.0

+20.0

8.0

10.0

10.6

△2.0

△2.6

(2.8%)(3.4%)(4.0%)

228.0

228.0

182.1

-+45.96.0

4.0

1.0+2.0+5.0(2.6%)(1.8%)(0.5%)© 2023 Toshiba Tec Corporation16Appendix© 2023 Toshiba Tec Corporation

17

FY2022 Forecast : Impact of Currency Exchange Rate

Premise Rate

Effect of depreciationby 1 yen2023/3E(4Q)

Net Sales（Annual）

Operating Profit（Annual）

US$130 yen＋1.7 billion yen△0.1 billion yen

EUR135 yen+0.3 billion yen＋0.1 billion yen© 2023 Toshiba Tec Corporation

18

FY2022 Forecast:
Capital investment*, Depreciation and Amortization, R&D expenses(Billions of yen)

Capital investment*,
Depreciation and Amortization
25R&D expenses
35
30

2015

18.0
14.8

15.9

14.9

15.5

16.5

25

25.521.8

21.9

FY2020

FY2021

201510105500
FY2020Capital investment *FY2021

FY2022
Forecast

Depreciation and Amortization*Increase in property, plant and equipment and intangible assets

FY2022
Forecast

R&D expenses© 2023 Toshiba Tec Corporation19

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.

© 2023 Toshiba Tec Corporation20

© 2023 Toshiba Tec Corporation21