Toshiba's net profit triples in the April-December reporting period

ByRod Adams

Japan Times published a story on February 1, 2007 titled Toshiba triples its group net profit in April-December period. The article had this to say about the source of the results:

Toshiba Corp. reported Wednesday a group net profit of 111.3 billion yen for the first three quarters of its 2006 business year to March — more than triple from the previous year — led by robust earnings in the liquid crystal display, home electric appliance and nuclear reactor businesses.

In all fairness to the rest of Toshiba, the nuclear reactor business, which includes the recently purchased 77% stake in Westinghouse, represents about 26% of the total revenue and 20% of the profit.

Westinghouse itself is expected to contribute just 1.4% of the group’s full year sales and a few percent of its profits.

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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