Tag - toshiba

 
 

TOSHIBA

BUSINESS / Companies / FOCUS
Mar 22, 2022
Hedge fund activists battle old Japan in Toshiba’s crucial vote
Shareholders will vote on two proposals: one, from Toshiba, asks them to support a two-way split; a competing one, put forward by 3D, calls for the company to reconsider alternatives.
Japan Times
BUSINESS / Companies
Mar 10, 2022
Toshiba dealt blow as advisory firm urges investors to reject planned split
Once among Japan's most revered companies, Toshiba has been in crisis mode for years due to repeated scandals and management missteps.
Japan Times
BUSINESS / Companies
Feb 14, 2022
Toshiba to hold extraordinary meeting in March on new separation plan
The meeting, intended to gain feedback from investors, presents the possibility of a showdown with activist stock holders that may oppose the conglomerate's restructuring proposal.
Japan Times
BUSINESS / Companies
Feb 7, 2022
Troubled Toshiba to split into two firms instead of three
The new plan scraps the earlier intention to separate out its infrastructure operations, which will instead continue to be under Toshiba Corp.
Japan Times
BUSINESS
Feb 4, 2022
Toshiba may split in half instead of into three firms
The change would mark the latest twist in Toshiba's drawn out battle with foreign shareholders, many of them activists and hedge funds
BUSINESS / Companies
Feb 4, 2022
Toshiba to more than double power chip output with new plant
The move comes as makers of electronics and cars struggle to procure even basic chips for routine tasks such as power management and wireless connectivity.
Japan Times
BUSINESS / Companies
Jan 6, 2022
Toshiba’s No. 2 shareholder steps up fight over breakup plan
Singapore-based 3D Investment Partners is requesting a vote on Toshiba's proposed split, which must be supported by at least two-thirds of stockholders.
Japan Times
BUSINESS / Companies
Dec 21, 2021
Artisan’s $9 billion manager eyes backing Toshiba plan to split
Artisan Partners, one of the biggest U.S. investors in Toshiba Corp., generally supports the conglomerate's plan to separate into three companies.
Japan Times
BUSINESS / Companies
Dec 6, 2021
Toshiba walked away from potential buyout talks and Brookfield offer
The company's decision to instead split itself in three has widened the gulf between the conglomerate and a number of its hedge fund investors.
Japan Times
BUSINESS / FOCUS
Nov 16, 2021
Breakups usher in a new era of corporate conglomerates
Activists and corporate governance advocates cheered splits by GE, J&J and Toshiba, but tech firms have been driving unrelated transactions, creating what are called 'neoconglomerates.”
Japan Times
BUSINESS / Companies
Oct 11, 2021
Toshiba’s independent probe was biased, say two former directors
The pair rejected the conclusions of a 139-page report by a law firm that determined the firm had worked with Japan's trade ministry to prevent shareholders from exercising their rights.
Japan Times
BUSINESS / Companies
Sep 3, 2021
Toshiba warns power-chip supply will stay tight for another year
Mature tech such as Toshiba's power chips is cheaper than cutting-edge memory and sensors but no less important for any electronic device.
Japan Times
BUSINESS / Companies / FOCUS
Aug 30, 2021
Western Digital pitch for new Kioxia deal faces familiar hurdles
Resistance from within Japan, China and Kioxia's own management are among the challenges ahead.
BUSINESS / Companies / FOCUS
Aug 1, 2021
Toshiba has a path to growth, but faces long road back to success
Despite having had to sell off core businesses in recent years, the firm still has a way back to prosperity through infrastructure services and renewables.
Japan Times
BUSINESS / Economy
Jul 20, 2021
Tokyo Olympics then and now highlight long arc of Japan’s technology decline
As Tokyo again prepares to host the Games this week, Japan is in a technological funk — its heyday of setting the pace far behind it.
BUSINESS / Companies
Jun 25, 2021
In surprise decision, Toshiba shareholders vote to oust board chairman Nagayama
The move, a victory for activist investors, comes after corporate governance issues at the industrial conglomerate were brought to the fore by a government collusion scandal.
BUSINESS / Companies / FOCUS
Jun 24, 2021
Corporate governance issues haunt troubled Toshiba as it faces off with investors
Amid scandal, a shareholders meeting on Friday is set to be a showdown between Toshiba's board, who are pushing to retain Chairman Osamu Nagayama, and investors who want him out.
BUSINESS / Companies / FOCUS
Jun 16, 2021
‘Deeply disturbing’ Toshiba report points to powerful figures
It's a rare public account of how Japan's bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders.
Japan Times
BUSINESS / Companies
Jun 14, 2021
Toshiba to drop two board members as shareholders demand action
An advisory firm has recommended voting against five board members, including the dropped pair, after a probe found the firm colluded with the government to fix a key shareholder vote.
Japan Times
BUSINESS / Companies
Jun 13, 2021
Toshiba's No. 2 shareholder calls for resignation of board chair and three directors
The demand comes after an investigation found the company had colluded with the government to pressure foreign investors.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji