Tag - toshiba

 
 

TOSHIBA

JAPAN / EXPLAINER
Apr 3, 2017
Judging Japan Inc.'s health through financial reporting
On March 14, Toshiba Corp. announced it will delay, for the second time, the release of its financial earnings for the third-quarter period until April 11, saying it needs more time for an audit of its accounting problems at U.S. nuclear unit Westinghouse, which filed for bankruptcy protection last week....
Japan Times
BUSINESS / Companies
Apr 1, 2017
Toshiba likely to miss earnings deadline for third time
Toshiba is likely to miss a third deadline for reporting quarterly earnings, meaning it will have to seek a fresh extension or face potential delisting.
JAPAN / NATIONAL SPOTLIGHT
Mar 19, 2017
Shareholders, former employees watch as Toshiba's fortunes fall
Shareholders, former workers brace for impact as ailing 142-year-old electronics conglomerate appears bound for crisis.
JAPAN / NATIONAL SPOTLIGHT
Mar 19, 2017
Toshiba turnaround hopes, planned sale of Westinghouse find skeptics
Toshiba Corp. has been forced to sell off a number of its businesses as it continues to lose money since its accounting scandal broke in 2015, and is now burdened with its troubled U.S. nuclear unit Westinghouse Electric Co.
Japan Times
BUSINESS / Companies
Mar 14, 2017
Toshiba mulls sale of majority stake in Westinghouse
Struggling Toshiba Corp. says it is considering selling a majority stake in its U.S. nuclear unit, Westinghouse Electric Co., aiming to stem further losses from the troubled business.
Japan Times
BUSINESS / Companies
Mar 14, 2017
Toshiba's troubled Westinghouse may be strategic fit for China or South Korea
If Toshiba Corp. parts ways with its embattled U.S. nuclear unit, Westinghouse Electric Co., the likely buyer may be a regional neighbor with global ambitions.
Japan Times
BUSINESS / Companies
Mar 1, 2017
Hon Hai's Gou says 'very serious' about Toshiba chip unit bid
Terry Gou is heading back to Japan.
BUSINESS / Companies
Feb 21, 2017
Toshiba seeking at least ¥1 trillion from chip unit sale
Toshiba Corp. is looking to raise at least ¥1 trillion ($8.8 billion) from the sale of its memory chip business and will aim to complete the transaction by March 2018, according to a source familiar with the matter.
Japan Times
JAPAN
Feb 17, 2017
Fukushima fuel-removal quest leaves trail of dead robots
The latest robot attempting to find the 600 tons of nuclear fuel and debris that melted down six years ago in the wrecked Fukushima No. 1 nuclear power plant met its end in less than a day.
COMMENTARY / Japan
Feb 16, 2017
Toshiba underlines why Abenomics is failing
Toshiba is the poster child for how little headway the government has made in modernizing corporate governance practices.
Japan Times
BUSINESS / Companies
Feb 14, 2017
Toshiba says it is now considering selling majority stake in flash memory spinoff
Toshiba Corp.'s president said Tuesday the ailing electronics giant may sell a majority stake in its flash memory operations to cover losses caused by massive write-downs on its U.S. nuclear business.
Japan Times
BUSINESS / Companies
Feb 13, 2017
Toshiba's nuclear reactor mess winds back to a Louisiana swamp
If you want to understand why Toshiba is about to report a multi-billion dollar writedown on its nuclear reactor business, the story begins and ends with a onetime pipe manufacturer with roots in the swamp country of Louisiana.
Japan Times
BUSINESS
Feb 8, 2017
Reactor renaissance stymied by costly delays, strict safety regimens
Costly delays, growing complexity and new safety requirements in the wake of the three meltdowns at the Fukushima No. 1 plant are conspiring to thwart a new age of nuclear reactor construction.
Japan Times
BUSINESS / Companies
Jan 26, 2017
Toshiba said to plan selling chip unit stake to multiple buyers
Toshiba Corp. is planning to split the sale of a stake in its chip unit among several investors, including Canon Inc. and private equity funds, a person familiar with the matter said.
BUSINESS / Companies
Jan 21, 2017
Toshiba stuck with billions in unsold gas on top of nuclear troubles
Toshiba Corp. is seeking help from a large buyer of liquefied natural gas to avoid billions in potential losses if it can't sell American gas it holds.
BUSINESS / Markets
Jan 4, 2017
Toshiba shares recover from early plunge on report of new accounting scandal
Shares of Toshiba Corp. recovered from an early dive after the Asahi Shimbun reported regulatory concerns about the company's earnings.
BUSINESS / Companies
Sep 28, 2016
Toshiba more than doubles profit outlook as yen drives sales
Toshiba Corp. raised its forecast for first-half operating profit to ¥70 billion from ¥30 billion, crediting growth in storage and electronic devices for a more than doubling of its earnings outlook.
EDITORIALS
Jun 26, 2016
Corporate governance report card
Companies are making good progress in complying with the Tokyo Stock Exchange's corporate governance principles, but the proof will be in the pudding.
Japan Times
BUSINESS / Companies
Jun 23, 2016
Toshiba's President Tsunakawa warns of long road to recovery
A day after stepping into his new role, Toshiba Corp. President Satoshi Tsunakawa has cautioned that the company is still recovering from a bruising accounting scandal and faces a lengthy turnaround process.
BUSINESS / Companies
Jun 23, 2016
GPIF sues Toshiba for losses over accounting scandal
Japan's $1.3 trillion Government Pension Investment Fund is suing Toshiba Corp. for losses on its investments after an accounting scandal sent the conglomerate's shares plunging.

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