Toshiba TEC Records ¥6.8 Billion Extraordinary Loss for Doubtful Accounts
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Toshiba TEC Corporation reported an extraordinary loss of ¥6.8 billion in its non-consolidated financial statements for Q2 of the fiscal year ending March 31, 2026. This loss is attributed to an allowance for doubtful accounts related to receivables from a subsidiary in its overseas retail solutions business. The total provision for the first half of the fiscal year reached ¥6,831 million. However, this provision will not affect the consolidated profit or loss as it will be eliminated in the consolidated financial statements.
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