Toshiba LNG business loss of over 140 billion yen due to loss of sales 3 months settlement August 7, 17:34

Toshiba's financial results for the three months from April to June include a loss associated with the sale of the LNG = liquefied natural gas business in the United States, resulting in a net loss of over 140 billion yen. became.

According to Toshiba's announcement, sales for the three months from April to June were 83.1 billion yen, a decrease of 29.1 billion yen from the same period of the previous year, but operating profit showing the profit of the main business was 7.8 billion yen The surplus was a significant increase compared to the previous year when the surplus was over 700 million yen.

However, the final profit / loss turned into a deficit of more than 140.2 billion yen from the previous year when it was in surplus of over 1 trillion yen.

In the previous year, a huge profit was recorded on the sale of a semiconductor subsidiary as a pillar of management reconstruction, but it was affected by the recording of a loss of about 89.0 billion yen on the sale of the LNG business in the United States. .

Toshiba's Masayoshi Hirata, Chief Financial Officer, said at the press conference, “Operating profit, which shows the profits of the main business, has grown and is clearing the target.”

As for the outlook for the future, he said, “Semiconductor-related sales are falling due to trade friction between the United States and China.