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Toshiba aims to boost annual sales by 1 trillion yen in three years

By: Helan 2014-05-22 08:16 (UTC+0)
  Toshiba Corp said on Thursday it aimed to boost annual sales by 1 trillion yen (5.83 billion pounds) to 7.5 trillion yen by the financial year ending in March 2017 as it increases sales to business customers and boosts revenues outside Japan.
  Toshiba, a leading supplier of flash memory chips used in smartphones and tablet computers, also said in its latest multi-year business plan that it aims to earn 450 billion yen in operating profit and 200 billion yen in net profit in the 2016/17 business year.
  In the year ended on March 31, it made an operating profit of 290.8 billion yen and net profit of 50.8 billion yen.