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Page 4 - Toshiba

Toshiba CEO resigns, shares surge on bidding war expectations: Details here

Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement.

Toshiba CEO resigns, shares surge on bidding war expectations: Details here
Updated On : 15 Apr 2021 | 1:55 AM IST

Toshiba board planned to oust CEO before $20 billion buyout offer: report

Toshiba said on Wednesday that Kurumatani was stepping down. It said he was doing so to "recharge" and after achieving his plan to revive the conglomerate

Toshiba board planned to oust CEO before $20 billion buyout offer: report
Updated On : 14 Apr 2021 | 2:42 PM IST

Toshiba shares surge on imminent CEO resignation, bidding war expectations

Shares in Japan's Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign

Toshiba shares surge on imminent CEO resignation, bidding war expectations
Updated On : 14 Apr 2021 | 7:30 AM IST

Toshiba activist investor Oasis unimpressed by CVC's $20 billion offer

U.S. hedge fund Farallon Capital Management has also asked Toshiba to seek multiple offers, but Oasis is the first to present what it considers a fair price.

Toshiba activist investor Oasis unimpressed by CVC's $20 billion offer
Updated On : 13 Apr 2021 | 4:26 PM IST

Japan's Toshiba confirms $20-billion takeover bid from British fund

Toshiba is one of Japan's oldest and largest firms whose business empire stretches from home electronics to nuclear power stations

Japan's Toshiba confirms $20-billion takeover bid from British fund
Updated On : 08 Apr 2021 | 2:16 AM IST

Japan's Toshiba Corp considers $20 billion take-private deal: Report

Toshiba is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private as the Japanese conglomerate faces pressure from activist shareholders to improve governance

Japan's Toshiba Corp considers $20 billion take-private deal: Report
Updated On : 07 Apr 2021 | 2:10 PM IST

Toshiba shareholders score landmark win with vote for independent probe

Toshiba shareholders voted in favour of an independent investigation into allegations that investors were pressured ahead of last year's AGM- a victory expected to spur more shareholder activism

Toshiba shareholders score landmark win with vote for independent probe
Updated On : 18 Mar 2021 | 8:30 AM IST

Top Toshiba shareholder gets support from CalPERS, Norway fund for probe

CalPERS and Norges Bank Investment Management (NBIM) voted in favour of a proposal by a top Toshiba Corp shareholder for an independent probe into the Japanese conglomerate

Top Toshiba shareholder gets support from CalPERS, Norway fund for probe
Updated On : 15 Mar 2021 | 6:56 AM IST

Toshiba introduces its first-ever Toshiba Lifestyle Centre in India

Marking a significant step in its offline retail strategy in India, Toshiba, the leading brand in home appliances announced its first-ever Toshiba Lifestyle Centre in India

Toshiba introduces its first-ever Toshiba Lifestyle Centre in India
Updated On : 18 Jan 2021 | 2:53 PM IST

Toshiba's second-quarter profit down 64% on pandemic, below estimates

Operating profit for the second quarter ended September came to 15.75 billion yen ($149.84 million), down from 44.23 billion yen in the same period a year prior

Toshiba's second-quarter profit down 64% on pandemic, below estimates
Updated On : 11 Nov 2020 | 10:48 AM IST

Toshiba Infra, French firm jointly win water treatment project in Bengaluru

Toshiba Infrastructure on Thursday said its arm TWS has won a water treatment plant contract from the Bangalore Water Supply and Sewerage Board jointly with Suez S.A. France subsidiary

Toshiba Infra, French firm jointly win water treatment project in Bengaluru
Updated On : 05 Nov 2020 | 10:10 PM IST

Toshiba confirms over 1,000 vote cards uncounted, probe continues

Toshiba Corp said more than 1,000 postal voting forms for its annual shareholder meeting arrived by the deadline but went uncounted

Toshiba confirms over 1,000 vote cards uncounted, probe continues
Updated On : 18 Sep 2020 | 1:36 PM IST

Japan government contacted Toshiba shareholders before AGM: Report

The revelations raise further questions about interference in governance at Toshiba, following calls for an investigation into uncounted votes at the contentious July 31 shareholder meeting

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Updated On : 17 Sep 2020 | 11:21 AM IST

Toshiba announces exit from laptop business, sells Dynabook shares to Sharp

The company earlier sold the 80.1 per cent stake to Sharp in 2018

Toshiba announces exit from laptop business, sells Dynabook shares to Sharp
Updated On : 10 Aug 2020 | 10:45 AM IST

Toshiba launches 2020-21 range of home appliances in first ever nationwide virtual event

Toshiba launches 2020-21 range of home appliances in first ever nationwide virtual event

Toshiba launches 2020-21 range of home appliances in first ever nationwide virtual event
Updated On : 25 Jun 2020 | 4:18 PM IST

Toshiba appoints Nobuaki Kurumatani as president in addition to CEO

In a new twist, Yoshiaki Murakami, Japan's best-known activist investor, announced a tender offer for Toshiba Machine late on Friday

Toshiba appoints Nobuaki Kurumatani as president in addition to CEO
Updated On : 19 Jan 2020 | 12:15 AM IST

Toshiba Bluetooth Headphones RZE-BT180H Review: It's loud, connects quickly

Toshiba's Bluetooth Headphones, with the price tag of Rs 2,849, fall in budget category and it would not be fair to expect much

Toshiba Bluetooth Headphones RZE-BT180H Review: It's loud, connects quickly
Updated On : 13 Apr 2019 | 3:42 PM IST

Toshiba lowers annual profit forecasts; to cut 7,000 jobs in next 5 years

For the year to March 2019, the firm said it expected a net profit of 920 billion yen ($8.1 billion), down from an earlier projection of 1,070 billion yen

Toshiba lowers annual profit forecasts; to cut 7,000 jobs in next 5 years
Updated On : 08 Nov 2018 | 9:33 PM IST

Toshiba announces $6.33 bn share buyback after memory chip deal

Toshiba had promised to reward shareholders after completing the sale of the chips unit to a consortium led by US private equity firm Bain Capital

Toshiba announces $6.33 bn share buyback after memory chip deal
Updated On : 13 Jun 2018 | 11:38 AM IST

Activist fund says Toshiba chip unit worth as much as $40 billion

Toshiba Memory, the world's No. 2 producer of NAND chips, is due to be sold for 2 trillion yen ($18.6 billion)

Activist fund says Toshiba chip unit worth as much as $40 billion
Updated On : 06 Apr 2018 | 7:48 PM IST