Business / Corporate Nov 25, 2019
Toshiba says its device tests for 13 cancer types with 99% accuracy from a single drop of blood
Testing on the equipment and testing procedure will begin next year.
Business / Corporate Nov 13, 2019
Toshiba posts ¥145 billion net loss in first half of fiscal year
Toshiba Corp. reported a net loss Wednesday of ¥145.15 billion ($1.3 billion) for the April-September period, due in part to taking a loss on the sale of a U.S. liquefied natural gas operation. The company's net loss compares with a profit of ¥1.08 trillion reported ...
Business / Corporate Nov 12, 2019
Toshiba's board discusses taking full control of some listed subsidiaries
Major machinery and electronics maker Toshiba Corp. is considering taking full control of some of its four listed subsidiaries, it has been learned. With Toshiba's board already discussing the matter, the company may reach a conclusion within this week at the earliest, informed sources said. The ...
Business / Corporate Nov 7, 2019
Toshiba to tie up with University of Tokyo in global race to secure more AI engineers
Toshiba Corp. said Thursday it will team up with the University of Tokyo to nurture specialists in artificial intelligence as part of efforts to secure talent in the hot next-generation technology. The electronics giant aims to nearly triple its AI engineers to 2,000 by March ...
Business / Corporate Nov 5, 2019
Toshiba to launch consortium with 100 firms in Japan to develop 'internet of things' tech
Toshiba Corp. said Tuesday it will launch a consortium with some 100 companies in Japan to develop new services using connected devices and ultrafast next-generation networks. "We need to create a world where not just one particular company holds on to data but (several companies) ...
Business / Corporate Oct 3, 2019
Toshiba Corp. said Thursday that one of its subsidiaries saw 414 employees apply for an early retirement plan, surpassing the 350 the company had estimated. Toshiba Electronic Devices & Storage Corp. received applications for the program from workers aged 45 or older between July and ...
Business Sep 24, 2019
Chile taps China and Japan in lithium-for-tech push but faces tough sell
by Dave Sherwood and Natalia A. Ramos Miranda
Chile is making a renewed push for investment in battery technology in return for access to its lithium deposits, piquing interest from China, Japan and Europe as global firms look to tie up supply of the metal vital for the shift to electric vehicles. The ...
Business / Corporate Sep 4, 2019
The Financial Services Agency decided Tuesday to demand greater accountability from audit firms that check corporate financial reports, by revising auditing standards. The decision, made at an FSA accounting council meeting, came after Toshiba Corp.'s auditor drew criticism from domestic and overseas investors for its ...
Business / Corporate Aug 28, 2019
Tepco, Chubu Electric, Toshiba, and Hitachi to discuss four-way nuclear business alliance
Tepco, Chubu Electric Power, Toshiba Corp. and Hitachi Ltd. said Wednesday they have agreed to discuss potential collaboration on nuclear power, as the industry faces a challenging business environment following the 2011 Fukushima crisis. Amid lingering safety fears over nuclear plants, Tokyo Electric Power Company ...
Business / Corporate Aug 9, 2019
Tepco and three other companies considering joint firm to build nuclear power plant in Aomori
Tokyo Electric Power Company Holdings Inc. and three other companies are considering jointly setting up a new firm to construct and manage a planned nuclear power plant in Aomori Prefecture, informed sources said Thursday. The three partners are Chubu Electric Power Co., Hitachi Ltd. and ...
Business / Corporate Aug 8, 2019
Toshiba logs ¥140 billion net loss in April-June on poor chip demand
Toshiba Corp. reported a net loss of ¥140.23 billion ($1.3 billion) for the April-June quarter, weighed down by the sluggish performance of its affiliated semiconductor business amid the escalating U.S.-China trade war. The technology conglomerate said on Wednesday that the red ink came also after ...