The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Katoforecast on Friday a hefty 63% rise in annual operating profit after pandemic-induced pain in the last year and as restructuring measures bear fruit.
The conglomerate, under much scrutiny amid calls for a strategic review after it dismissed a $20 billion buyout bid, said it is projecting 170 billion yen in operating profit for the year to end-March. That compares with a consensus estimate of 179 billion yen drawn from 13 analysts polled by Refinitiv.
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