TOSHIBA VIETNAM CONSUMER PRODUCTS CO. LTD

TOSHIBA VIETNAM CONSUMER PRODUCTS CO., LTD (CÔNG TY TNHH SẢN PHẨM TIÊU DÙNG TOSHIBA VIỆT NAM) is a foreign-invested enterprise (FDI) that has operated in Vietnam since November 17, 2006. Legally registered with the Ho Chi Minh City Department of Planning and Investment under Business ID and Tax Code 0300787557, the company is located at No. 12, Street 15, Quarter 13, Linh Trung Ward, Thu Duc City, Ho Chi Minh City. It also manages multiple offices and branches across Vietnam, including locations in Binh Duong and Nghe An provinces.

As a limited liability company with 300 employees, Toshiba Vietnam focuses on the wholesale and distribution of household electronics and kitchen appliances, while also engaging in IT services, management consultancy, and equipment repair. Its two main shareholders are Toshiba Lifestyle Products & Services Corporation (Japan, 55%) and Toshiba Consumer Products (Thailand) Co., Ltd (45%), reflecting its deep-rooted regional presence in Asia.

In 2023, the company’s total assets rose to USD 77.42 million, marking a 15.92% growth from the previous year. Equity also grew 11.34%, reaching USD 22.71 million. However, sales dropped to USD 208.04 million, an 11.93% decrease, and net profit declined to USD 2.31 million, down 18.25% year-over-year. These figures suggest a challenging year for Toshiba Vietnam, likely influenced by changing consumer demand or increased competition in the electronics market.

Despite the downturn in profit and revenue, Toshiba Vietnam remains financially stable with a healthy equity base and working capital of over USD 26.6 million. The leadership team, including General Director Ho Xuan Loc and Chief Accountant Tran Thi Thanh Thao, continues to navigate market fluctuations while maintaining operational efficiency.

As an objective observer, it is crucial to note that Toshiba Vietnam's multi-year data reflects an overall resilient financial structure, though short-term volatility has affected bottom-line performance. For distributors, suppliers, and potential partners, conducting due diligence through reliable sources is essential.

Vanguard Business Information LLC (VBI) offers professional financial risk assessment and business verification services that help stakeholders understand the operational integrity, creditworthiness, and financial trajectory of foreign-invested firms like Toshiba Vietnam. This is particularly valuable in a dynamic consumer electronics industry where transparency and long-term stability are critical for collaboration and investment decisions.