Toshiba Corp. on Wednesday forecast a 29 percent gain in full-year profit on higher demand for semiconductors and power equipment.
Net income may be ¥100 billion for the year ending March 31, compared with ¥77.5 billion a year earlier, the company said in a statement. Sales may rise 5.2 percent to ¥6.1 trillion, the company said.
Toshiba, the world's second-biggest maker of flash memory, is focusing on its chip and energy operations while trying to rebuild its home appliance business.