The group accepted the proposal presented by a consortium made up of around twenty Japanese companies and led by Japan Industrial Partners. Breakthrough after scandals and record losses. Takeover bid at the end of July.
The Japanese group has announced the spin-off of the infrastructure and electronic equipment divisions from the central body of the company - The goal is to increase profitability but also to quell the revolt of activist members
FROM THE BLOG "LA CASA DI PAOLA" - Televisions, large appliances, screens, and air conditioners: a "world war" is underway between the giants of the USA, China and Japan. Who will win? Meanwhile Apple blocks Samsung - Sharp, Toshiba, Hitachi: the end of…
The huge write-downs linked to the US nuclear subsidiary Westinghouse, now in bankruptcy, caused the 7,5 billion euro red loss recorded in the last financial year.
FROM PAOLA GUIDI'S BLOG - The legendary companies Toshiba and Sharp are now in the orbit of Vestel, the group owned by the adventurous 65-year-old Ahmet Zorlu which is heading towards record exports in Europe
Record loss of 4,5 billion euros in the first nine months of 2016 - The group admits that now "business continuity is at risk".
The American subsidiary in the nuclear sector is causing huge losses to the Japanese group, which thanks to this bankruptcy expects to restart its recovery
The technical operations and the profit-taking after the rush of the last few days affect the last trading sessions of the year - The Germans are not giving up on Mps - Keep an eye on Popolari and Good Banks - The funds are preparing…
It's a short step from nuclear reactors to fruit and vegetables: the hyper-technological Japanese company, which produces TVs and electronics, is betting on agriculture - It will develop an automated plant where robots will grow vegetables en masse to sell to supermarkets - The vegetables will grow in an aseptic environment, …
This was revealed by the Japanese newspaper Nikkei: the Japanese Toshiba has also been added to the list of suitors for the French industrial giant Alstom.
The capital's police have arrested a 52-year-old engineer from Fukuoka on charges of passing confidential information on a new technology developed by Toshiba to South Korea's SK Hynix Inc.
Four factors mainly weighed on the accounts for the fiscal year ended in March: weak sales of digital products, the high yen, the deterioration of the international economic situation and the consequences of the Japanese earthquake.
