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.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.