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.
Business / Corporate Jul 30, 2020
IBM ties up with Japanese business and academia in quantum computing
The "Quantum Innovation Initiative Consortium" will be based at the University of Tokyo and include Toyota, financial institutions and chemical manufacturers.
Business / Corporate Jun 22, 2020
Toshiba to sell shares in chip affiliate for shareholder returns
Toshiba plans to sell the shares after the affiliate goes public, expected by the end of this year.
Business / Corporate Jun 10, 2020
Toshiba develops real-time subtitle system for online classes
The system transcribes teachers' speeches into subtitles, allowing students to quickly check parts they missed and review lessons afterward.
Business / Corporate Jun 5, 2020
Hitachi, Toshiba and Miraca join forces to raise output of antigen test kits
Industrial conglomerates Hitachi Ltd. and Toshiba Corp, as well as Miraca Holdings subsidiary Fujirebio, said on Friday they will jointly set up a facility to produce antigen-testing kits for the coronavirus. The line would help double production of Fujirebio's testing kits, which received government approval ...