Toshiba Tec’s Weak Q4 Due to COVID-19 Causes It to Miss FY 2019 Forecast

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On May 26, Toshiba Tec announced its financial results for the fourth quarter and full fiscal-year 2019, ended March 31, 2020. Following a relatively robust FY 2016 and FY 2017, Toshiba Tec’s FY 2018 was weak (see “Toshiba Tec Posts Revenue Decline but Dramatic Profit Increase in Fiscal 2016,” “Toshiba Tec Reports Revenue Growth Plus

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