Toshiba Tec Reports Q1 2020 Operating and Net Losses as COVID-19 Causes Sales to Plummet

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On August 11, Toshiba Tec posted its financial results for the three-month period ended June 30, 2020, which marks the first quarter of its fiscal 2020. The coronavirus (COVID-19) pandemic packed a wallop in Q4 2019, causing Toshiba Tec to miss its full-year forecast (see “Toshiba Tec’s Weak Q4 Due to COVID-19 Causes It to

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