Tag - toshiba

 
 

TOSHIBA

Japan Times
BUSINESS / Companies / FOCUS
Mar 28, 2022
Toshiba gloom offers CEO chance to push forward with digital strategy
Recent votes by shareholders allow Taro Shimada to keep — at least for now — businesses pivotal to his digital strategy that predecessors had planned to sell.
Japan Times
BUSINESS / Companies
Mar 24, 2022
Toshiba faces unclear future after shareholders knock back two rival proposals
The result of the extraordinary general meeting appears to leave Toshiba with no immediate clear direction.
Japan Times
BUSINESS / Companies
Mar 23, 2022
Toshiba’s $4 billion elevator unit attracts interest from Midea and Otis
Shareholders are set to vote on Toshiba's plan to split into two companies and sell noncore assets including the elevator operations.
Japan Times
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
Mar 1, 2022
Toshiba CEO Tsunakawa resigns amid restructuring controversy
The resignation of Toshiba's CEO comes amid turmoil over a plan to split the company into two entities.
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
Japan Times
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 / FOCUS
Nov 13, 2021
Toshiba split gives investors clearer outlook and could spur realignment of peers
Market analysts and experts in business strategy see Toshiba's split-up as a welcome and legitimate move that will change the industrial landscape.
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.
Japan Times
BUSINESS / Companies
Aug 12, 2021
Toshiba CEO wants new board chair approved by year-end after ouster
Toshiba Corp. will seek shareholder approval of a new board chair before the year's end, CEO Satoshi Tsunakawa said Thursday.
Japan Times
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.

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