Toshiba Corp. posted a net loss for the first quarter as sales of televisions and personal computers slumped and profit fell at its division that makes chips.
The net loss was ¥12.3 billion for the three months ended June, the Tokyo-based industrial group reported Monday in a statement. Sales were ¥1.35 trillion, the lowest since the quarter ended December 2012.
President Masashi Muromachi pledged this month a "bold restructuring" of its chipmaking and lifestyle divisions after reporting an annual loss and restating six years' worth of earnings. Toshiba is releasing its second earnings report in as many weeks after delaying results amid an accounting scandal.
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