Thanks in part to growth in its imaging business, the healthcare business of Japanese industrial conglomerate Toshiba posted a 3% increase in sales in its 2015 fiscal third quarter.
For the period (end-December 31), Toshiba's Healthcare Systems and Services unit had sales of $838.6 million (98 billion yen), up from $804.3 million (94 billion yen) in the same period a year ago. Toshiba noted that CT and other imaging systems continued to produce firm sales in the service sector in North America as well as in the equipment sector in China and emerging economies.
However, operating income for the quarter was $27.4 million (3.2 billion yen), down from the $52.2 million (6.1 billion yen) reported in the third fiscal quarter of 2014.
Toshiba attributed the lower operating income to increased investments aimed at driving growth, including research and development of next-generation diagnostic imaging and other systems, as well as investments in new business.
