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Japanese firms explore quantum cryptography to make stock trading secure

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.

Toshiba again seeks acquisitions after string of deal flops

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.

Toshiba considering selling two domestic chip plants

Business / Corporate Nov 20, 2020

Toshiba considering selling two domestic chip plants

Companies such as Taiwanese semiconductor foundry United Microelectronics Corp. are showing interest in buying the factories, informed sources said.

Toshiba to end construction of new coal-fired power plants

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.

Toshiba to launch quantum cryptography services by fiscal 2025

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.

Kioxia delays listing on Tokyo bourse amid U.S.-China tensions

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.

Top Toshiba investor calls for inquiry in widening vote scandal

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.

Kioxia to go public on Tokyo Stock Exchange in early October

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.

Major Toshiba stakeholder 3D Investment demands probe into annual shareholder vote

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.

Toshiba shareholder 3D Investment wants independent probe into AGM vote

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 ...

Toshiba posts ¥11.35 billion net loss for pandemic-hit April-June quarter

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 ...

Japan kept activist investor in limbo over key Toshiba vote, sources say

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.

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