Tag - toshiba

 
 

TOSHIBA

Japan Times
BUSINESS / Companies / FOCUS
Jun 12, 2021
In revolt, four directors call for Toshiba shake-up after explosive probe
The public pushback by the independent directors, all non-Japanese, shows how the old guard of Japan Inc. can no longer exert full control over shareholders.
Japan Times
BUSINESS / Companies
Jun 10, 2021
Toshiba sought ministry help to swing key vote, probe finds
Toshiba sought government help in an attempt to influence a key shareholder vote that installed its slate of directors, a probe has found in a vindication for investor activism in Japan.
Japan Times
BUSINESS / Companies
May 24, 2021
In taking on Toshiba, secretive hedge fund Effissimo ended years of silence
'All Toshiba had to do was agree to an independent investigation,” said an expert on corporate governance in Japan. 'But for some reason, they refused.”
Japan Times
BUSINESS / Companies
May 17, 2021
Toshiba opens strategic review, giving $1.4 billion to investors
The move comes after weeks of takeover discussions sparked by private equity firm CVC Capital Partners' $21 billion acquisition bid.
Japan Times
BUSINESS / Companies
May 14, 2021
Toshiba unit in Europe hit with ransomware; group to undergo strategic review
The attack, by the same hacking group said to be involved in the Colonial Pipeline attack, overshadowed an upbeat profit forecast and a strategic review announcement.
Japan Times
BUSINESS / Companies
Apr 26, 2021
Toshiba investor 3D calls for strategic review after CVC bid
The investment firm said it was disappointed Toshiba's chairman didn't respond to a previous request to run a review.
BUSINESS / Companies
Apr 14, 2021
Toshiba CEO's exit raises doubts over buyout offers
The decision came as factions within the firm mounted resistance to a preliminary buyout offer from CVC Capital Partners — where outgoing chief Nobuaki Kurumatani previously worked.
Japan Times
BUSINESS / Companies
Apr 8, 2021
Activist investors get their moment in Japan with $21 billion Toshiba bid
In corporate Japan, activist investors have gone from largely impotent onlookers to kingmakers in the space of just a few years.
Japan Times
BUSINESS / Companies
Apr 7, 2021
Toshiba shares surge on possible buyout by CVC Capital
The bid comes as Toshiba faces scrutiny from activists following a series of scandals, including a record fine for faulty accounting and billions of dollars in writedowns.
BUSINESS / Companies
Mar 18, 2021
Activist Toshiba shareholders score win with vote for independent probe
The landmark vote for an investigation into allegations of investors being pressured marks only the fourth time that a shareholder motion has won approval in Japan.
BUSINESS / Companies
Dec 19, 2020
Toshiba again seeks acquisitions after string of deal flops
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.
Japan Times
BUSINESS / Companies
Aug 17, 2020
Major Toshiba stakeholder 3D Investment demands probe into annual shareholder vote
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.
Japan Times
BUSINESS / Companies
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.
Japan Times
BUSINESS / Companies
Aug 11, 2020
Japan kept activist investor in limbo over key Toshiba vote, sources say
The news illustrates how Japan's tighter rules on foreign ownership may also be used to keep activist shareholders in check.
Japan Times
BUSINESS / Companies
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 / Companies
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.
Japan Times
BUSINESS / Companies
Feb 15, 2020
In fresh scandal for Toshiba, subsidiary found to have booked ¥43.5 billion in fictitious sales
Toshiba Corp. said Friday that a subsidiary booked fictitious sales of ¥43.5 billion in 26 transactions recorded only on paper.
Japan Times
BUSINESS / Companies
Jan 21, 2020
Yoshiaki Murakami fund launches ¥25.9 billion hostile bid for Toshiba Machine
City Index Eleventh Co. said it will offer u00a53,456 per Toshiba Machine share to buy up to 43.82 percent of the molding machine company.
Japan Times
BUSINESS / Markets
Jan 20, 2020
Toshiba Machine shares surge 19% on Murakami's surprise bid
Toshiba Machine Co.'s share price soared Monday after the company said Japan's best-known activist investor, Yoshiaki Murakami, plans a tender offer.
BUSINESS / Companies
Jan 18, 2020
Japan activist investor Yoshiaki Murakami makes surprise bid to disrupt Toshiba deal
Japan's best-known activist investor announces a tender offer for Toshiba Machine Co., which is embroiled in a controversial takeover battle for NuFlare Technology Inc.

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