Toshiba Tec

Basic Information

Stock Code
6588
Industry
Electric Equipment
Category Detail
Information & Communication Equipment
Prefecture
Tokyo
Establishment Year
February 1950
Listing Year
November 1962
Official Website
https://www.toshibatec.co.jp/
TSE Information
TSE Information
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Other Companies
Iwaki Pump, Sirius Vision, Astrix, Optoelectronics, Maxell, Ricoh

Overview

Toshiba Tec is an electric equipment manufacturer founded in 1950, holding the top share in the domestic POS system market, and is a listed company in the Toshiba Group that develops a wide variety of printing and information equipment.

Current Situation

Toshiba Tec recorded consolidated sales of approximately ¥405.6 billion, operating profit of ¥8.3 billion, and net profit of ¥7.1 billion for the fiscal year ended March 2021, maintaining a stable business foundation. Its mainstay POS systems hold the top market share domestically, and the digital multifunction device business is expanding both in Japan and overseas. In 2024, it established a joint venture company 'Etria' with Ricoh to strengthen its competitiveness in the multifunction device market. The company is focusing on new services utilizing AI technology and the promotion of smart receipt business, while aiming to expand its data solutions business. As the only listed company in the Toshiba Group, it fulfills its responsibilities while working on sustainability and strengthening internal management systems. Through 2025, it is advancing operational efficiency, including workforce reductions in Europe, to achieve sustainable growth. With a stable capital structure, it is positioning for medium- to long-term business expansion, with strengthened initiatives in IoT and big data fields.

Trivia

Interesting Facts

  • It is the only Tokyo Stock Exchange Prime listed company in the Toshiba Group.
  • Has maintained the top position in POS systems domestically for a long period.
  • New developments in multifunction device market via joint venture with Ricoh.
  • Founded in 1950 as Tokyo Electric Machinery Co., Ltd.
  • Previously handled manufacturing of Toshiba-brand compact home appliances.
  • Smart receipt business is a pioneering effort domestically.
  • Advancing management rationalization through workforce reductions in Europe.
  • Possesses proprietary inkjet printer technology.
  • Strength in sales promotion support using POS data.
  • Deploys extensive agent networks domestically and internationally.
  • Sales channels range from specialty stores to e-commerce.
  • Plays a part in Toshiba Group's social infrastructure business.
  • Focusing on strengthening corporate governance.
  • Proprietary brand TEC is widely recognized in retail industry.
  • In recent years, the IT strategy systems division has become key to strategy.

Hidden Connections

  • Creating new synergies in the multifunction device market through partnership with Ricoh.
  • Highly integrated with manufacturing departments and sales networks inside and outside Toshiba Group.
  • Pioneering AI adoption ahead of competitors in POS system-related data utilization.
  • Extremely high track record of POS implementations in major domestic retail chains.
  • Strong collaboration with other Toshiba Group companies in social infrastructure business.
  • Utilizes Toshiba Data jointly in smart receipt business for data applications.
  • Historically engaged in compact home appliance business, contributing to Toshiba brand expansion.
  • European business contraction is part of resource reallocation for new technology investments.

Future Outlook

Growth Drivers

  • Increasing replacement demand for domestic POS systems
  • High-functionalization and market expansion of digital multifunction devices
  • New product development through active utilization of AI and IoT technologies
  • Expansion and sophistication of data solutions business
  • Overseas market development and strengthened adaptation to local needs
  • Growth in electronic commerce market such as smart receipts
  • Rising demand for sustainability-compliant products
  • Resource utilization through Toshiba Group synergies

Strategic Goals

  • Stabilize revenue through maintaining and expanding market share
  • Strengthen commercialization of AI-linked POS and data services
  • Deepen collaboration with Ricoh in multifunction device business
  • Achieve over 50% ratio of sustainable products
  • Differentiation from competitors through enhanced new product development capabilities
  • Achieve over 20% sales ratio in global markets
  • Service innovation for improved customer satisfaction
  • Promote internal digital transformation
  • Strengthen overall capabilities through collaboration with subsidiaries and affiliates
  • Build sustainable management foundation

Business Segments

Retail Solutions Business

Overview
Provides distribution and sales support equipment for retail and food service industries.
Competitiveness
Top domestic POS market share and product diversity
Customers
  • Retail Chains
  • Supermarkets
  • Convenience Stores
  • Food Service Industry
  • Drugstores
Products
  • POS Systems
  • Automatic Change Dispensers
  • Registers
  • Smart Receipts
  • Barcode Systems

Printing Solutions Business

Overview
Design, manufacture, and maintenance of high-performance multifunction devices and printers.
Competitiveness
Product development capabilities through joint venture with Ricoh
Customers
  • Office Companies
  • Printing Companies
  • Logistics Companies
  • Government Agencies
Products
  • Digital Multifunction Devices
  • Inkjet Printer Heads
  • Printers
  • Image Information Processing Systems

Data Solutions Business

Overview
Digital marketing and analysis support utilizing POS data.
Competitiveness
Real-time consumer data utilization via POS integration
Customers
  • Major Retailers
  • Distribution Consulting Firms
  • Digital Marketing Companies
Products
  • POS Data Analysis Software
  • Smart Receipt Integration
  • Customer Analysis Platforms

Workplace Solutions Business

Overview
Provides and maintains office equipment and systems. Supports efficient work environments.
Competitiveness
Multi-functional print solutions provision
Customers
  • Corporate Offices
  • Public Institutions
  • Educational Institutions
Products
  • Multifunction Devices
  • Printers
  • Office Peripherals

Manufacturing and Logistics Support Solutions

Overview
Supports construction of recognition and management systems for manufacturing and logistics sectors.
Competitiveness
High-precision recognition technology and extensive implementation track record
Customers
  • Manufacturing Industry
  • Logistics Providers
  • Warehouse Management Operators
Products
  • Barcode Systems
  • RFID Systems
  • Automatic Identification Devices

Overseas Business

Overview
Deploys sales and service business in overseas markets.
Competitiveness
Product adaptability to local needs
Customers
  • Overseas Retailers
  • Overseas Offices
  • Region-Specific Companies
Products
  • POS Systems
  • Multifunction Devices
  • Printers

Maintenance and Support Services

Overview
Supports stable operation through product maintenance and operations.
Competitiveness
Rapid response via nationwide network
Customers
  • Domestic and Overseas Clients
  • Distribution Providers
  • IT Service Companies
Products
  • Equipment Maintenance Services
  • Operational Support
  • IT Solutions

Technology Development and Research

Overview
Advances development of next-generation devices and solutions.
Competitiveness
Utilization of Toshiba Group technology resources
Customers
  • Internal Development Departments
  • Joint Research Institutions
Products
  • Inkjet Technology
  • Next-Generation POS Devices
  • AI-Utilizing Solutions

IT Strategy Systems Division

Overview
Handles internal information systems operations and security.
Competitiveness
Establishment of robust internal management systems
Customers
  • Internal Management Departments
  • Group Companies
Products
  • Internal IT Systems
  • Data Management Services

Competitive Advantage

Strengths

  • Overwhelming share in domestic POS system market
  • Utilization of Toshiba Group's technological foundation
  • Diverse product portfolio
  • Extensive domestic and international sales channels
  • Strong capital and financial base
  • Long years of industry experience and trust
  • Promotion of AI and digital technology utilization
  • Multifunction device strengthening via joint venture with Ricoh
  • High-quality service provision system
  • Collaboration network with broad customer base
  • Stable management and asset management
  • Progress in global expansion
  • Advanced automatic recognition technology integration
  • High R&D capabilities
  • Strengthened internal management systems

Competitive Advantages

  • Largest-scale POS equipment and service provision in Japan
  • Only Tokyo Stock Exchange Prime listed company in Toshiba Group
  • Strengthening multifunction device field via joint venture with Ricoh
  • Sales promotion technology utilizing AI and data analysis
  • Active entry into European and overseas markets
  • Diverse sales channels and maintenance network
  • Integrated product and service provision system
  • Differentiation through abundant patents and technology assets
  • Specialized product lineup for distribution and food service industries
  • Robust financial position and capital strength
  • Long-term customer relationship building capabilities
  • New business development such as smart receipts
  • Initiatives in environmentally responsive product development
  • Enhanced IT strategy and security systems
  • Flexible product rollout adapting to market needs

Threats

  • Technological advances by competitors like Ricoh and Sharp
  • Intensifying competition in AI and cloud services
  • Price competition and regulations in overseas markets
  • Profit pressure from rising costs
  • Foreign exchange fluctuation risks
  • Threats to cybersecurity
  • Need to keep pace with rapid technological changes
  • 対応 to diversifying and changing customer needs
  • Labor shortages and rising personnel costs
  • Product adaptation costs from strengthened environmental regulations
  • Impacts from socioeconomic fluctuations
  • Risk of market penetration by new entrants

Innovations

2024: Establishment of Joint Venture Etria with Ricoh

Overview
Established joint venture Etria with Ricoh to strengthen multifunction device business.
Impact
Achieves expansion of product lineup and improved competitiveness

2023: Advancement of Smart Receipt System Development

Overview
Built electronic receipt system utilizing POS data to enhance customer experience.
Impact
Sales support and marketing strengthening through data analysis

2022: Introduction of AI-Powered Scan Omission Detection Technology

Overview
Detects store scan omissions with AI technology, contributing to improved sales efficiency.
Impact
Contributes to reduced irregularities and increased sales

2021: Strengthening Data Solutions Business

Overview
Advances development of digital marketing and customer analysis platforms.
Impact
Improved customer targeting accuracy and creation of new revenue sources

2025: Store Operation Support Using IoT Technology

Overview
Develops IoT-compatible POS systems to improve store operational efficiency.
Impact
Reduces workload and improves customer satisfaction

Sustainability

  • Product design aimed at reducing environmental impact
  • Promotion of recyclable parts adoption
  • Promotion of energy-saving equipment普及
  • Internal carbon footprint reduction plan
  • Sharing environmental standards with business partners