OREANDA-NEWS. Toshiba Corporation announced its consolidated results for the first quarter (April-June) of fiscal year (FY) 2014, ending March 31, 2015. All comparisons in the following are based on the same period a year earlier, unless otherwise stated.

Toshiba Group's net sales increased by 36.9 billion yen to 1,408.0 billion yen (USD 13,940.2 million), refecting higher sales in the Energy & Infrastructure, Community Solutions and Lifestyle Products & Services segments. Consolidated operating income increased by 14.4 billion yen to 39.5 billion yen (USD 391.1 million), a record high for the first quarter.

Although the Electronic Devices & Components segment saw lower operating income despite a continuing good performance, the Energy & Infrastructure and Community Solutions segments recorded higher operating income, and the Lifestyle Products & Services segment saw a significant improvement reflecting progress in restructuring.

Income (loss) from continuing operations before incomes taxes and noncontrolling interests decreased by 1.1 billion yen to 17.3 billion yen (USD 171.3 million) as a result of foreign exchange losses and other factors. However, net income (loss) attributable to shareholders of the Company increased solidly by 3.6 billion yen to 8.9 billion yen (USD 88.6 million).