Toshiba Corp

Toshiba warns on profit after Q3 slump; COO resigns over expenses

Japan's Toshiba Corp cut its annual earnings estimate after third-quarter profit slumped and its chief operating officer resigned over the inappropriate…

3 years ago

Exclusive: Toshiba’s preferred bidder offers price short of key 6,000 yen a share, sources say

The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen…

3 years ago

Japan gives Kioxia and Western Digital $680 million to boost memory chip production

Japan's government on Tuesday said it will provide as much as 92.9 billion yen ($680 million) to Kioxia Holdings and…

3 years ago

Toshiba board gains two directors from activist funds in historic shift

Toshiba Corp (6502.T) shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday -…

3 years ago

Exclusive: Bidders weigh offers valuing Toshiba at up to $22 billion – sources

Bidders for Toshiba Corp (6502.T) are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private,…

3 years ago

Toshiba now plans to split into two, bumps up shareholder return targets

Toshiba Corp (6502.T) said it now aims to break up into two companies instead of three, while also unveiling a big boost…

4 years ago

Toshiba should overhaul board and management, major Japan pension fund says

Toshiba Corp's (6502.T) proposal to split itself into three companies won't solve its governance issues and the conglomerate should prioritise an overhaul…

4 years ago

EXCLUSIVE Toshiba in talks with four investment firms for strategic ideas -sources

Toshiba Corp (6502.T) is in talks with at least four global private equity firms including KKR & Co Inc (KKR.N) and Blackstone Inc (BX.N) to seek…

4 years ago

EXCLUSIVE Harvard wasn’t pressured over Toshiba, former Japan adviser says

A former Japanese government adviser said he did not put pressure on Harvard University's endowment fund to influence its voting…

4 years ago

Japan to consider tighter rules on foreign owners of domestic firms -Yomiuri

The Japanese government is looking at tightening regulations on foreign funds that hold stakes in domestic firms with important technology…

4 years ago