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May 16, 2024
 

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TOSHIBA

Japan Times
BUSINESS / Companies
Apr 23, 2018
Toshiba weighs chip-unit options as Chinese regulators look set to delay sale to Bain beyond deadline
Toshiba Corp. is all but guaranteed to miss a May 1 deadline to sell its memory chip business to a Bain Capital-led group, people familiar with the matter said, raising the chances it may consider other options that could yield billions of additional dollars for the unit.
Japan Times
BUSINESS / Companies
Apr 3, 2018
New Toshiba CEO says chip unit sale will proceed despite eased delisting fears
New Toshiba Corp. Chairman and CEO Nobuaki Kurumatani emphasized Tuesday that the company does not intend to change plans to sell its lucrative memory chip unit even now that it has staved off financial woes.
Japan Times
BUSINESS
Apr 2, 2018
Japan's new fiscal year starts amid government scandal and higher food prices
New government recruits kick off 2018 with vows of transparency as their corporate counterparts start work amid rising prices driven by a shrinking population and costlier commodities.
Japan Times
BUSINESS / Companies
Mar 30, 2018
Toshiba set to miss deadline on ¥2 trillion chip sale, pushing back Bain Capital deal by at least a month
After waiting more than a year to learn the fate of its memory chip business, Toshiba Corp. investors are going to have to hold on a little longer.
BUSINESS / Companies
Mar 26, 2018
Toshiba unable to sell chip unit by end of March as Chinese antitrust approval holds up deal
Toshiba Corp. said Monday it will be unable to sell its prized memory chip unit by the end of March as planned, as it has not yet received approval from Chinese antitrust regulators.
Japan Times
BUSINESS / Companies
Feb 14, 2018
Toshiba appoints industry outsider as CEO after scandals and record losses
Nobuaki Kurumatani, representative director of CVC Capital Partners Ltd. and former vice president at Sumitomo Mitsui Banking Corp., will become chief executive officer and chairman of the Tokyo-based manufacturer.
Japan Times
JAPAN
Feb 1, 2018
Nissan to take over as main sponsor of 'Sazae-san' as troubled Toshiba ends long run
Nissan Motor Co. will take over as main sponsor of the popular TV anime "Sazae-san," sources said.
Japan Times
BUSINESS / Companies
Jan 18, 2018
Troubled Toshiba plans to eliminate negative net worth by selling Westinghouse claims to U.S. hedge fund
Toshiba Corp. said Thursday it is set to eliminate its negative net worth and improve its finances by some ¥410 billion ($3.68 billion) after agreeing to sell its claims in its now-bankrupt U.S. nuclear unit to a U.S. hedge fund.
BUSINESS / Companies
Jan 5, 2018
Brookfield agrees to buy Westinghouse's global nuclear business from Toshiba
The future of Westinghouse Electric Co.'s global nuclear business now rests in the hands of Brookfield Asset Management Inc.'s private equity arm.
Japan Times
BUSINESS
Dec 27, 2017
The top business news stories of 2017
The Japan Times newsroom selected these economy and technology stories as the most important of 2017.
Japan Times
BUSINESS / Companies
Dec 27, 2017
Toshiba finds improper accounting practice at social infrastructure affiliate
Toshiba Corp. has found improper accounting practices at its social infrastructure business affiliate in relation to electrical installation work.
Japan Times
Rugby
Dec 24, 2017
Suntory ends Toshiba's Top League title hopes
Suntory Sungoliath showed no seasonal goodwill to local rival Toshiba Brave Lupus on Sunday as they won the Fuchu derby 28-24 at Ajinomoto Stadium.
Japan Times
BUSINESS / Companies
Dec 21, 2017
Toshiba to invest ¥7 billion to obtain land in Iwate Prefecture for new flash memory plant
Toshiba Corp. said Thursday it will invest some ¥7 billion ($61.7 million) in the current fiscal year to procure and prepare land in Iwate Prefecture to build a new flash memory plant amid rising demand.
Japan Times
BUSINESS / Companies
Dec 19, 2017
China officials reportedly concerned with Hynix role in Toshiba memory chip deal
Antitrust officials in China's Ministry of Commerce are concerned about the role SK Hynix Inc. will play in the sale of Toshiba Corp.'s memory chip business as the country commences a review of the deal, according to sources.
Japan Times
BUSINESS
Dec 13, 2017
Toshiba and Western Digital reach settlement to end legal battle over chip unit sale
Toshiba says it has reached a settlement with Western Digital over the sale of its chip unit, removing one of the major hurdles to completing the deal.
Japan Times
JAPAN / OBITUARY
Dec 10, 2017
Ex-Toshiba President Nishida, who played key role in success of Dynabook notebook computers, dies at age 73
Former Toshiba Corp. President and Chairman Atsutoshi Nishida died of acute cardiac infarction at Toshiba General Hospital in Tokyo on Friday afternoon. He was 73.
Japan Times
BASKETBALL / B. League
Dec 7, 2017
Brave Thunders captain Ryusei Shinoyama surprised and upbeat about team's impending ownership change
Energetic veteran Ryusei Shinoyama said that he did not get upset with the announcement because he is competing in an anything-can-happen professional sports circuit.
Japan Times
BASKETBALL / B. League
Dec 6, 2017
DeNA to assume ownership of Brave Thunders from Toshiba
This isn't the first ownership change in the brief history of the B. League, but in terms of sheer magnitude, it's an unparalleled one.
Japan Times
BUSINESS / Companies
Dec 6, 2017
Struggling Toshiba boosts capital to avoid delisting from Tokyo Stock Exchange
Struggling conglomerate Toshiba Corp. achieved a major financial goal Tuesday as it completed a ¥600 billion ($5.3 billion) third-party allocation of new shares to 60 overseas investment funds, removing its risk of delisting from the Tokyo Stock Exchange.
Japan Times
Rugby
Dec 3, 2017
Michael Leitch saves the day as Brave Lupus hold off Yamaha Jubilo
Japan captain Michael Leitch saved a 27-22 Japan Top League win for Toshiba Brave Lupus on Sunday by stealing a turnover with Yamaha Jubilo pressing for a game-tying try after the hooter.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.
Japan’s carmakers look to China tech to claw back market share
Toyota CEO Koji Sato says the company plans to expand AI-related investments, and this year will focus on building a strong foundation for software-defined vehicles.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.
In a rare event, the Northern Lights show up in Hokkaido
The Northern Lights in Nayoro, Hokkaido, on Saturday
Is black the new green for Japan’s flagging tea farmers?
George Guttridge-Smith brews tea at Kyoto Obubu Tea Farm in Wazuka, Kyoto Prefecture, where he serves as head of international development.

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