Toshiba Corp. (TOSBF.PK) reported that its fourth-quarter net income attributable to shareholders of the company decreased to 23.01 billion yen or US$244.8 million from the prior year's 61.22 billion yen.
Income from continuing operations, before income taxes and noncontrolling interests declined by 54.3 billion yen on year-on-year to 64.6 billion yen or US$686.3 million, a result that reflects the impact of promoting business restructuring for the future.
Toshiba's consolidated sales for the fourth quarter increased by 10.9 billion yen year-on-year to 1.76 trillion yen or US$18.69 billion, reflecting higher sales in all business segments, most notably the Social Infrastructure segment and the Home Appliances segment.
For fiscal 2013, the company expects Net income attributable to shareholders of the Company of 100.0 billion yen, and Net sales of 6.10 trillion yen.
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