Page 3 - Toshiba

Toshiba says it plans to split into 3 firms, rejects calls to go private

After spinning off the two companies, Toshiba will continue to own its 40.6% stake in memory chipmaker Kioxia as well as other assets

Toshiba announces plan to split into 3 firms, shareholder reaction in focus

The third company will own Toshiba's 40.6% stake in unlisted memory chipmaker Kioxia.

From scandals to biz sale, Toshiba's lurch from crisis to crisis since 2015

The conglomerate has been battered by accounting scandals, massive writedowns for its U.S. nuclear business, the sale of its prized chip unit

Suzuki, Denso and Toshiba's lithium-ion JV unit to go on stream by year-end

Development brings Suzuki's India arm, Maruti Suzuki closer to the plans of introducing new tech vehicles, including hybrid and battery electric vehicles by 2025

Elliott builds Toshiba stake adding pressure to review

Toshiba's board is undertaking the review after an activist-shareholder rebellion earlier this year led to the ouster of the chief executive officer and a board member

Toshiba undecided on privatisation amid talks with investors

Toshiba started weighing options including privatization in May after weeks of takeover discussions sparked by private equity firm CVC Capital Partners' $21 billion acquisition bid

Toshiba's board appoints CEO Tsunakawa as interim board chairman

This comes after shareholders displeased with corporate governance at the Japanese conglomerate's ousted Chairman Osamu Nagayama.

Shareholders oust Toshiba board chairman in major win for Japan governance

For many, the result at the annual general meeting marks a new watershed moment for corporate governance in Japan

Toshiba board chairman fails to win reappointment in shareholder vote

Shareholders at crisis-ridden Toshiba Corp voted out its board chairman and one other director on Friday, a forceful rebuke of the company

Pivotal Toshiba shareholder vote on future of board chairman begins

Toshiba Corp kicked off its annual general meeting on Friday (Jun 25), with shareholders set to decide on whether to keep Osamu Nagayama as board chairman

Japan's Kioxia, formerly Toshiba Memory, aims for Sept IPO: Report

Japan's Kioxia Holdings Corp, formerly known as Toshiba Memory, plans an initial public offering as early as September, weekly financial magazine Diamond reported

Harvard wasn't pressured over Toshiba, former Japan adviser says: Report

A former Japanese govt adviser said he didn't put pressure on Harvard University's endowment fund to influence its voting at Toshiba's contested shareholder meeting last year

Toshiba's chairman resists calls to resign, to bring in new directors

Toshiba is in the spotlight after an independent investigation last week alleged that management colluded with Japan's trade ministry to block foreign investors from gaining board influence

Toshiba blames former CEO's 'confrontational approach' to shareholders

The comment from Osamu Nagayama, chairman of Toshiba's board, comes after a shareholder-commissioned investigation revealed company colluded with Japanese government to "beat up" foreign shareholders

Japan minister says he never asked adviser to contact Toshiba shareholders

Japan's trade minister said he never directed an adviser to contact Toshiba shareholders after a report accused his ministry of colluding with firm executives to pressure stockholders to fall in line

Toshiba colluded with government to undermine shareholders, probe finds

Toshiba was found "to have devised a plan to effectively prevent shareholders from exercising their shareholder proposal right and voting rights"

Toshiba board to appoint UBS as adviser for strategic review: Report

Toshiba Corp's 6502.T board is set to appoint UBS UBSG.S as financial adviser to work on a strategic review for the Japanese conglomerate as it faces a possible private equity bidding war, said source

Toshiba must seek suitors, another big shareholder says, after CVC's offer

The comments are from 3D Investment Partners, which owns a 7.2% stake in Toshiba

Toshiba decides against $20 bn CVC proposal, says open to 'credible' offers

CVC's proposal had sparked a strong backlash from Toshiba managers

Scandal-hit Toshiba bid to test Japan's corporate governance rules

Toshiba has been hit by a succession of accounting and other scandals