Toshiba
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Toshiba to cut up to 4,000 jobs domestically
May 17, 2024Japan’s Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership. Toshiba delisted in December due to a $13 billion takeover by a consortium led... -
Toshiba prepares for $14 bn deal to go private
Aug 7, 2023Toshiba confirmed that a previously disclosed plan to take the struggling Japanese company private in a $14 billion sale will begin on Tuesday. The move follows years of instability for the business, which once represented Japan’s... -
Toshiba Corp plans to hold extraordinary general meeting of shareholders on March 24
Feb 14, 2022Japan’s Toshiba Corp said on Monday it plans to hold an extraordinary general meeting of shareholders on March 24 where it will seek initial approval to hive off its devices business. The final vote to determine... -
Toshiba unveils new plan to split into two companies
Feb 7, 2022Following a turbulent decade for the famous industrial company, Toshiba revealed plans to split into two businesses on Monday, revising plans to break into three. The company announced plans to split off its device sector, which... -
Toshiba announced plans to split into two companies
Feb 7, 2022Japan’s Toshiba on Monday announced plans to split into two companies, revising proposals to divide into three following a tumultuous period for the storied industrial conglomerate. The group said it plans to spin off its device... -
Toshiba Corp to invest about 125 billion yen to double power chip production
Feb 4, 2022Toshiba Corp said on Friday it will invest about 125 billion yen ($1.09 billion) to more than double production of power management semiconductors, aiming to catch up with power chip giants such as Infineon Technologies AG.... -
Toshiba shareholders voted to ousted board chairperson
Jun 26, 2021Toshiba shareholders voted to oust the board’s chairman on Friday, in the latest twist for the company after scandals and losses and a rare victory for activist investors in corporate Japan. CEO Satoshi Tsunakawa said shareholders... -
Toshiba shareholders voted to oust the board’s chairman
Jun 25, 2021Toshiba shareholders voted to oust the board’s chairman on Friday, in the latest twist for the company after scandals and losses, and a rare victory for activist investors in corporate Japan. CEO Satoshi Tsunakawa said shareholders... -
Toshiba sold final stake in the personal computer maker Dynabook
Aug 11, 2020Toshiba has sold its final stake in the personal computer maker Dynabook. It means the firm no longer has a connection with making PCs or laptops. Sharp acquired 80% of Dynabook two years ago for $36m... -
Toshiba to extend the period of its tender offer for chip equipment unit NuFlare Technology Inc until Jan. 16
Dec 23, 2019Toshiba Corp said on Monday it would extend the period of its tender offer for chip equipment unit NuFlare Technology Inc until Jan. 16. The extension of the offer, from the originally set Dec. 25, was...