OREANDA-NEWS. Toshiba Corporation announced its consolidated results for the first nine months (April-December) and the third quarter (October-December) of fiscal year (FY) 2013, ending March 31, 2014. All comparisons in the following are based on the same period a year earlier, unless otherwise stated.

Toshiba Group's net sales for the First Nine Months of FY2013 increased by 545.8 billion yen to 4,588.8 billion yen with all five of its major business segments recording higher sales, most notably Electronic Devices & Components segment. Consolidated operating income increased by 55.0 billion yen to 153.3 billion yen, the highest ever for an April-December period.

Despite a temporary increase in expenditure in the non-operating profit and loss account, income before income taxes and noncontrolling interests was 91.0 billion yen, the same level as a year earlier, owing to the excellent performance of the Electronic Devices & Components segment. Net income attributable to shareholders of the Company decreased by 15.8 billion yen to 38.7 billion yen due to higher income taxes.

Consolidated net sales for the Third Quarter of FY2013 increased by 192.5 billion yen to 1,549.6 billion yen, with all of the five major segments seeing an increase in net sales. Most notably, the Electronic Devices & Components segment recorded a significant increase in sales.

Consolidated operating income was 47.7 billion yen, an increase of 18.1 billion yen. While the Energy & Infrastructure segment saw deteriorated operating income, the Community Solutions and Healthcare Systems & Services segments saw higher operating income, the Electronic Devices & Components segments saw considerably higher operating income, and the Lifestyle Products & Services segment saw a significant improvement. Income before income taxes and noncontrolling interests decreased by 9.2 billion yen to 39.1 billion yen. Net income attributable to shareholders of the Company decreased by 12.2 billion yen to 17.2 billion yen.