Toshiba to report first quarter operating loss of over 10 billion yen: Nikkei

Mon Sep 14, 2015 1:33am EDT
 
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TOKYO (Reuters) - Toshiba Corp (6502.T: Quote) is set to report an operating loss of more than 10 billion yen ($83 million) in the April-June quarter hurt by weakness in the consumer electronics business, the Nikkei business daily reported.

Toshiba last reported a first-quarter loss three years ago, and posted a profit of 47.6 billion yen in the year-earlier quarter, the Nikkei said.

Toshiba, which disclosed earlier this year that it overstated past profits, is due to report its delayed April-June results on Monday.

($1 = 120.4000 yen)

(Reporting by Chang-Ran Kim; Editing by Muralikumar Anantharaman)

 
The logo of Toshiba Corp is pictured at its headquarters in Tokyo, Japan, August 31, 2015. REUTERS/Yuya Shino