Financial Review
Management’s Discussion and Analysis FIVE-YEAR SUMMARY Toshiba Corporation and Consolidated Subsidiaries Millions of yen, Years ended March 31 except per share amounts and ratio 2018 2017 2016 2015 2014 Net sales (Note 5) ¥ 3,947,596 ¥ 4,043,736 ¥ 4,346,485 ¥ 4,851,060 ¥ 4,722,987 Operating income (loss) (Note 6) 64,070 82,015 (581,376) (72,496) 8,836 Income (loss) from continuing operations, before income 82,378 44,945 (499,439) (122,333) (64,917) taxes and noncontrolling interests Net income (loss) attributable to shareholders 804,011 (965,663) (460,013) (37,825) 60,240 of the Company Comprehensive income (loss) attributable to shareholders 819,189 (844,585) (752,518) 90,638 236,392 of the Company Equity attributable to shareholders of the Company 783,135 (552,947) 328,874 1,083,996 1,027,189 Total equity (Note 7) 1,010,734 (275,704) 672,258 1,565,357 1,445,994 Total assets 4,458,211 4,269,513 5,433,341 6,334,778 6,172,519 Per share of common stock: (Yen) (Note 8) 120.18 (130.60) 77.67 256.01 242.58 Earnings (loss) per share attributable to shareholders of the Company (Yen) (Notes 9 and 10) −Basic 162.89 (228.08) (108.64) (8.93) 14.23 −Diluted − − − − − Shareholders' equity ratio (%) (Note 8) 17.6 (13.0) 6.1 17.1 16.6 Return on equity ratio (%) (Notes 8 and 11) 698.6 − (65.1) (3.6) 6.5 Price-to-earnings ratio (PER) (Note 12) 1.89 − − − 30.72 Net cash provided by (used in) operating activities 41,641 134,163 (1,230) 330,442 284,132 Net cash provided by (used in) investing activities (150,987) (178,929) 653,442 (190,130) (244,101) Net cash provided by (used in) financing activities (63,613) (219,758) 135,747 (125,795) (89,309) Cash and cash equivalents at end of year 533,119 707,693 975,529 185,721 155,793 Number of employees (Note 13) 141,256 153,492 187,809 198,741 200,260 Notes:) 1 Toshiba Group's Consolidated Financial Statements are based on US Generally Accepted Accounting Principles.
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