Toshiba, currently under management rehabilitation, plans to double investments in the electricity and defense businesses, Corporate Senior Executive Vice President Koji Ikeya said in a recent interview.
The Japanese electronics and machinery maker will aim to boost profitability by investing about ¥50 billion in fiscal 2026, the final year of its recently announced three-year medium-term management plan, Ikeya indicated. The amount is double the fiscal 2023 level.
"Energy and infrastructure operations will lead growth," Ikeya said.