Toshiba: 18 fiscal years of results, 2006–2023
- Revenue · FYE Mar 2023
- ¥3.36tn
- Operating profit · FYE Mar 2023
- ¥189bn
- Net profit · FYE Mar 2023
- ¥127bn
- Total assets
- ¥3.54tn
- Equity ratio
- 35.2%
- Fiscal years on record
- 18 · 2006–2023
This page carries 18 fiscal years of results, from 2006 to 2023. Revenue peaked in 2008 and has not returned to that level since. The company reported a net loss in 6 of those years, most recently in 2020.
| Fiscal year | Unit | 2006 FYE Mar | 2007 FYE Mar | 2008 FYE Mar | 2009 FYE Mar | 2010 FYE Mar | 2011 FYE Mar | 2012 FYE Mar | 2013 FYE Mar | 2014 FYE Mar | 2015 FYE Mar | 2016 FYE Mar | 2017 FYE Mar | 2018 FYE Mar | 2019 FYE Mar | 2020 FYE Mar | 2021 FYE Mar | 2022 FYE Mar | 2023 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥6.34tn | ¥7.12tn | ¥7.67tn | ¥6.65tn | ¥6.38tn | ¥6.40tn | ¥6.10tn | ¥4.79tn | ¥4.72tn | ¥4.85tn | ¥4.35tn | ¥4.04tn | ¥3.95tn | ¥3.69tn | ¥3.39tn | ¥3.05tn | ¥3.34tn | ¥3.36tn |
| YoY | % | — | +12.2% | +7.8% | -13.2% | -4.1% | +0.3% | -4.7% | -21.5% | -1.3% | +2.7% | -10.4% | -7.0% | -2.4% | -6.4% | -8.2% | -9.9% | +9.3% | +0.7% |
| Operating profit | JPY | — | — | — | — | — | — | — | ¥44bn | -¥65bn | -¥122bn | -¥499bn | ¥45bn | ¥82bn | ¥11bn | -¥48bn | ¥154bn | ¥239bn | ¥189bn |
| YoY | % | — | — | — | — | — | — | — | — | -249.2% | — | — | — | +83.5% | -86.8% | -535.8% | — | +55.8% | -21.0% |
| Net profit | JPY | ¥78bn | ¥137bn | ¥127bn | -¥344bn | -¥20bn | ¥138bn | ¥74bn | ¥13bn | ¥60bn | -¥38bn | -¥460bn | -¥966bn | ¥804bn | ¥1.01tn | -¥115bn | ¥114bn | ¥195bn | ¥127bn |
| YoY | % | — | +75.7% | -7.3% | -369.7% | — | — | -46.5% | -81.8% | +349.3% | -162.8% | — | — | — | +26.0% | -111.3% | — | +70.8% | -35.0% |
| Operating margin | % | — | — | — | — | — | — | — | 0.9% | -1.4% | -2.5% | -11.5% | 1.1% | 2.1% | 0.3% | -1.4% | 5.0% | 7.2% | 5.6% |
| Net margin | % | 1.2% | 1.9% | 1.7% | -5.2% | -0.3% | 2.2% | 1.2% | 0.3% | 1.3% | -0.8% | -10.6% | -23.9% | 20.4% | 27.4% | -3.4% | 3.7% | 5.8% | 3.8% |
| Standard | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | |
| Basis | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)
| Fiscal year | Unit | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | JPY | ¥6.02tn | ¥6.17tn | ¥6.33tn | ¥5.43tn | ¥4.27tn | ¥4.46tn | ¥4.30tn | ¥3.38tn | ¥3.50tn | ¥3.73tn | ¥3.54tn |
| YoY | % | — | +2.5% | +2.6% | -14.2% | -21.4% | +4.4% | -3.6% | -21.3% | +3.5% | +6.7% | -5.2% |
| Equity | JPY | ¥825bn | ¥1.03tn | ¥1.08tn | ¥329bn | -¥553bn | ¥783bn | ¥1.46tn | ¥940bn | ¥1.16tn | ¥1.21tn | ¥1.25tn |
| YoY | % | — | +24.6% | +5.5% | -69.7% | -268.1% | — | +86.0% | -35.5% | +23.9% | +3.6% | +3.4% |
| Equity ratio | % | 13.7% | 16.6% | 17.1% | 6.1% | -13.0% | 17.6% | 33.9% | 27.8% | 33.3% | 32.3% | 35.2% |
| Change | pp | — | +2.9pp | +0.5pp | -11.0pp | -19.1pp | +30.6pp | +16.3pp | -6.1pp | +5.5pp | -1.0pp | +2.9pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)
| Fiscal year | Unit | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | JPY | ¥501bn | ¥561bn | ¥247bn | -¥16bn | ¥451bn | ¥374bn | ¥335bn | ¥132bn | ¥284bn | ¥330bn | -¥1.2bn | ¥134bn | ¥37bn | ¥125bn | -¥142bn | ¥145bn | ¥249bn | ¥34bn |
| YoY | % | — | +12.0% | -56.0% | -106.5% | — | -17.1% | -10.4% | -60.5% | +114.7% | +16.3% | -100.4% | — | -72.1% | +234.1% | -213.9% | — | +71.7% | -86.3% |
| Investing CF | JPY | -¥303bn | -¥713bn | -¥323bn | -¥335bn | -¥253bn | -¥215bn | -¥377bn | -¥196bn | -¥244bn | -¥190bn | ¥653bn | -¥179bn | -¥147bn | ¥1.31tn | -¥123bn | -¥107bn | -¥125bn | -¥8.8bn |
| Financing CF | JPY | -¥235bn | ¥155bn | ¥47bn | ¥478bn | -¥278bn | -¥155bn | -¥0.2bn | ¥42bn | -¥89bn | -¥126bn | ¥136bn | -¥204bn | -¥64bn | -¥645bn | -¥687bn | ¥98bn | -¥217bn | -¥142bn |
| Cash & equivalents | JPY | ¥271bn | ¥309bn | ¥249bn | ¥344bn | ¥267bn | ¥259bn | ¥214bn | ¥191bn | ¥156bn | ¥186bn | ¥976bn | ¥723bn | ¥549bn | ¥1.34tn | ¥377bn | ¥525bn | ¥421bn | ¥327bn |
| YoY | % | — | +14.2% | -19.6% | +38.3% | -22.2% | -3.2% | -17.2% | -10.8% | -18.5% | +19.2% | +425.3% | -25.9% | -24.1% | +143.4% | -71.8% | +39.4% | -19.8% | -22.4% |
- *1 Securities report (yuka shoken hokokusho), as filed
Profitability and balance-sheet strength (%). ROE uses year-end equity.
| Fiscal year | Unit | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | % | — | — | — | — | — | — | — | 0.9% | -1.4% | -2.5% | -11.5% | 1.1% | 2.1% | 0.3% | -1.4% | 5.0% | 7.2% | 5.6% |
| Change | pp | — | — | — | — | — | — | — | — | -2.3pp | -1.1pp | -9.0pp | +12.6pp | +1.0pp | -1.8pp | -1.7pp | +6.4pp | +2.2pp | -1.6pp |
| Net margin | % | 1.2% | 1.9% | 1.7% | -5.2% | -0.3% | 2.2% | 1.2% | 0.3% | 1.3% | -0.8% | -10.6% | -23.9% | 20.4% | 27.4% | -3.4% | 3.7% | 5.8% | 3.8% |
| Change | pp | — | +0.7pp | -0.2pp | -6.9pp | +4.9pp | +2.5pp | -1.0pp | -0.9pp | +1.0pp | -2.1pp | -9.8pp | -13.3pp | +44.3pp | +7.0pp | -30.8pp | +7.1pp | +2.1pp | -2.0pp |
| ROE | % | — | — | — | — | — | — | — | 1.6% | 5.9% | -3.5% | -139.9% | 174.6% | 102.7% | 69.6% | -12.2% | 9.8% | 16.1% | 10.1% |
| Change | pp | — | — | — | — | — | — | — | — | +4.3pp | -9.4pp | -136.4pp | +314.5pp | -71.9pp | -33.1pp | -81.8pp | +22.0pp | +6.3pp | -6.0pp |
| Equity ratio | % | — | — | — | — | — | — | — | 13.7% | 16.6% | 17.1% | 6.1% | -13.0% | 17.6% | 33.9% | 27.8% | 33.3% | 32.3% | 35.2% |
| Change | pp | — | — | — | — | — | — | — | — | +2.9pp | +0.5pp | -11.0pp | -19.1pp | +30.6pp | +16.3pp | -6.1pp | +5.5pp | -1.0pp | +2.9pp |
- *1 Securities report (yuka shoken hokokusho), as filed
The revenue line above, converted at the average ¥/US$ rate of each figure’s own year — never today’s.
Between 2006–2023, Toshiba’s revenue grew 0.5-fold in yen (-3.7% a year). Converted at each year’s own average rate, the same span is 0.4-fold in dollars (-4.7% a year), from $55bn to $24bn. The dollar figure grew more slowly because the yen weakened over the period: part of the growth an investor sees in yen does not survive translation into dollars.
| Fiscal year | Unit | 2006 *4 FYE Mar | 2007 *4 FYE Mar | 2008 *4 FYE Mar | 2009 *4 FYE Mar | 2010 *4 FYE Mar | 2011 *4 FYE Mar | 2012 *4 FYE Mar | 2013 *4 FYE Mar | 2014 *4 FYE Mar | 2015 *4 FYE Mar | 2016 *4 FYE Mar | 2017 *4 FYE Mar | 2018 *4 FYE Mar | 2019 *4 FYE Mar | 2020 *4 FYE Mar | 2021 *4 FYE Mar | 2022 *4 FYE Mar | 2023 *4 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | USD | $55bn | $60bn | $74bn | $71bn | $73bn | $80bn | $76bn | $49bn | $45bn | $40bn | $40bn | $36bn | $36bn | $34bn | $32bn | $28bn | $25bn | $24bn |
| YoY | % | — | +10.8% | +22.8% | -4.1% | +2.2% | +10.3% | -4.7% | -35.9% | -9.0% | -10.2% | -0.4% | -9.7% | -0.8% | -5.2% | -6.3% | -12.4% | -8.7% | -5.8% |
| Revenue as filed | JPY | ¥6.34tn | ¥7.12tn | ¥7.67tn | ¥6.65tn | ¥6.38tn | ¥6.40tn | ¥6.10tn | ¥4.79tn | ¥4.72tn | ¥4.85tn | ¥4.35tn | ¥4.04tn | ¥3.95tn | ¥3.69tn | ¥3.39tn | ¥3.05tn | ¥3.34tn | ¥3.36tn |
| Rate applied | ¥/US$ | ¥116.28 | ¥117.77 | ¥103.33 | ¥93.53 | ¥87.77 | ¥79.78 | ¥79.79 | ¥97.60 | ¥105.84 | ¥121.02 | ¥108.84 | ¥112.16 | ¥110.40 | ¥109.01 | ¥106.78 | ¥109.78 | ¥131.37 | ¥140.51 |
- *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
- *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
- *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
- *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
- *5 Provisional — part-year average, not a full calendar year.
Which accounting standard each stretch of the series was filed under, and whether the accounts are consolidated.
Every year on record was filed on the same basis — consolidated US GAAP — so the series is comparable end to end.
| Fiscal years | Standard | Basis | Years |
|---|---|---|---|
| 2006–2023 | US GAAP | consolidated | 18 |
All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →
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