Toshiba Tec Swings to Loss on Weaker Global Printer

Toshiba Tec Swings to Loss on Weaker Global Printer

Toshiba Tec reported a sharp first-half loss as U.S. tariffs and slower global demand for printers and POS systems weighed on results, while the company prepares for further structural adjustments in its office-equipment business through its partnership with Ricoh and Oki Electric.

For the six months ended September 30, 2025, Toshiba Tec’s net sales dropped 10.9% year on year to ¥257.7 billion (US$1.66 billion). The company posted an operating loss of ¥1.1 billion (US$6.9 million) and an ordinary loss of ¥3.4 billion (US$22.1 million), reversing profits from a year earlier. The net loss attributable to owners of the parent was ¥9.9 billion (US$63.8 million), compared with a ¥26.6 billion profit a year ago.

Toshiba Tec cited deteriorating overseas markets and delays in customer investment, particularly in the Americas and Europe, as key reasons for the decline. Despite efforts to raise prices and optimize production, higher costs associated with U.S. tariffs eroded profitability.

Workplace Solutions Business Group, which handles overseas MFPs and auto ID systems, posted a 10% drop in revenue to ¥109.3 billion (US$706 million) and an 84% decline in operating profit to ¥1.3 billion (US$8.1 million). Sales fell across all major regions, especially in the Americas and Europe, as the impact of tariffs and foreign exchange offset pricing improvements.

Toshiba Tec confirmed that its joint venture ETRIA Co., Ltd., established with Ricoh and Oki Electric, has completed the integration of Oki’s printer development and manufacturing operations as of October 1, 2025. As part of the integration, Toshiba Tec’s ownership stake in ETRIA fell from 15% to 14.25%, and the venture will no longer be treated as an equity-method affiliate.

ETRIA now oversees the design, production, and sale of office and industrial printing devices, optical components, and related equipment. Toshiba Tec said the move will help enhance production efficiency and strengthen technological synergies across partners while continuing to refine its business portfolio toward higher-margin operations.

Related:

• Toshiba Tec Reports Q1 Loss Amid Tariff Impact
• Toshiba Reports Record-High Sales & Profit for FY2024
• Toshiba BX410T Simplifies Industrial Label Printing
• Toshiba Integrates AI-Translation with MFPs
• Toshiba Discloses Domestic Employee Fraud

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