Business / Tech Dec 21, 2020
Japanese firms explore quantum cryptography to make stock trading secure
Toshiba Corp., NEC Corp. and Nomura Holdings Inc., among others, expect to put the technology into use in stock trading within several years.
Business / Corporate Dec 19, 2020
Toshiba again seeks acquisitions after string of deal flops
by Pavel Alpeyev and Yuki Furukawa
Chastened by a string of disastrous overseas acquisitions, the industrial giant is once again looking to buy — this time more cautiously and closer to home.
Business / Corporate Nov 11, 2020
Toshiba to end construction of new coal-fired power plants
by Aya Takada and Stephen Stapczynski
The engineering and technology giant aims to reduce the group's greenhouse gas emissions across all operational stages by 50% from the fiscal 2019 level by fiscal 2030.
Business / Corporate Oct 19, 2020
Toshiba to launch quantum cryptography services by fiscal 2025
The security technology, which is theoretically unbreakable, is being tested in the U.S. and U.K.
Business / Corporate Sep 28, 2020
Kioxia delays listing on Tokyo bourse amid U.S.-China tensions
The firm formerly known as Toshiba Memory Holdings Co. said it will delay what would have been Japan's largest initial public offering on the Tokyo Stock Exchange this year.
Business / Corporate Sep 25, 2020
Top Toshiba investor calls for inquiry in widening vote scandal
by Makiko Yamazaki and Takashi Umekawa
Because receipts were issued a day after voting forms were received, some were mistaken for being late even though they'd been delivered on time.
Business / Corporate Aug 26, 2020
Kioxia to go public on Tokyo Stock Exchange in early October
The company, formerly known as Toshiba Memory Holdings Corp., is about 40 percent owned by machinery and electronics giant Toshiba Corp.
Business / Corporate Aug 17, 2020
Major Toshiba stakeholder 3D Investment demands probe into annual shareholder vote
by Makiko Yamazaki
The incident is likely to raise fresh questions about the relationship between foreign investors, who make up 60 percent of Toshiba's shareholders, and the company.
Business / Corporate Aug 14, 2020
Toshiba shareholder 3D Investment wants independent probe into AGM vote
A major investor in Toshiba Corp. has called for a third-party investigation into the conglomerate's annual shareholders meeting, saying its vote was not fully recognized in a potential breach of governance. The demand from Singapore-based 3D Investment Partners is likely to sharpen scrutiny of the ...
Business / Corporate Aug 13, 2020
Toshiba posts ¥11.35 billion net loss for pandemic-hit April-June quarter
Toshiba Corp. reported Wednesday a net loss of ¥11.35 billion ($106 million) in the April-June period due to sluggish performance in its storage device segment hit by coronavirus-trigged disruptions. The industrial conglomerate logged an operating loss of ¥12.64 billion and sales slumped 26.2 percent to ...
Business / Corporate Aug 11, 2020
Japan kept activist investor in limbo over key Toshiba vote, sources say
by Takashi Umekawa and Makiko Yamazaki
The news illustrates how Japan's tighter rules on foreign ownership may also be used to keep activist shareholders in check.