According to Japanese media reports, Japan's Toshiba TEC released its mid-term business plan for the final year in 2014 (2014.4.1-2015.3.31, and so on) on July 18. Toshiba TEC plans to effectively utilize the POS (Point of Sale Information Management) system business of IBM in the United States acquired in April 2012 to strengthen its overseas business. By expanding the sales of POS systems, we will strive to achieve sales of 520 billion yen in 2014 (up 48% compared with 2011), and operating profit will reach 32 billion yen (three times that of 2011).
It is reported that the business plan will be launched in 100 countries around the world, and the internationalization of the POS business centered on Japan will be accelerated by using the POS system business of IBM, which has large companies such as Wal Mat in the United States. Toshiba TEC plans to increase the overseas sales ratio of POS business from the current 52% to 61% in 2014.
In addition, Toshiba TEC will provide payment and customer information management (CRM) information systems for POS customers. It will also cooperate with IBM in the United States in providing "Big Data" systems. The system is used to analyze a large amount of POS-related data owned by a customer's enterprise.
In addition, through acquisition, Toshiba TEC will become the world's largest POS equipment company, accounting for 26% of the global POS equipment market share. Toshiba TEC also speculates that this business will focus on other businesses such as sales of MFPs, and will increase its operating profit for 2014 to approximately three times that of 2011. Toshiba TEC predicts that the acquisition of the business in 2014 will generate sales of 110 billion yen to 120 billion yen and operating profit of 10 billion yen or more.
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