Originally Posted by Lyme
Thanks for the link. Toshiba isn't doing as bad as one might think from that link. By digging deeper you will find that they had net income of $13,533,260,000.00 (American funds) and operating costs of $172,211,000.00 (American funds). The reason for their reduction in free cash flow was from the purchase of Westinghouse.
Uhhh I dont know how you get the figures from but both these figures are seemed not right. I used xe.com
to converted the Japan Yen to US Dollars to give me the most up to date accurate figures:
Live rates at 2007.08.24 11:04:16 UTC
1 JPY = 0.00863295 USD
United States Dollars
1 USD = 115.835 JPY
Toshiba's 2007 net income is 137,429 million yen x 0.00863295 = $1,186,417,685.55, that $1.1bn US dollar for 2007 net income (profit).
Toshiba's 2007 operating income cost is 258,364 million yen x 0.00863295 = $2,230,443,493.80, that $2.2bn US dollar.
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