On August 7, Toshiba Tec posted its financial results for the three-month period ended June 30, 2019, which marks the first quarter of its fiscal 2019. Fiscal 2018 was a tough year for Toshiba Tec with net sales and profits down sharply year-over-year (see “Toshiba Tec Posts Downturn in Sales and Profits in FY 2018”).