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July 16, 2024
 

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TOSHIBA

EDITORIALS
Jul 21, 2017
Learning from lapses in corporate governance
Japanese companies have been given the tools to improve their corporate governance, now it's up to them to learn how to use these tools effectively.
Japan Times
BUSINESS / Companies
Jul 19, 2017
Toshiba resumes blocking Western Digital access to joint venture databases
Toshiba Corp. said Wednesday it has resumed blocking Western Digital Corp.'s access to the databases of their joint chip venture after a U.S. appellate court allowed the action in a temporary order.
Japan Times
BUSINESS / Companies
Jul 11, 2017
Toshiba talking with Western Digital, Foxconn about chip unit sale, sources say
Toshiba Corp. told its creditor banks it is in talks with Western Digital Corp. and Taiwan's Foxconn over the $18 billion sale of its prized chip unit in addition to its preferred bidder, banking sources familiar with the matter said on Tuesday.
Japan Times
BUSINESS / Companies / ANALYSIS
Jul 9, 2017
Toshiba under pressure to draw up plan B as chip sale falters: sources
As plans to sell Toshiba Corp.'s memory chip unit falter, some bankers and potential investors press the board to seriously consider alternatives, including picking a new buyer.
Japan Times
BUSINESS / Companies
Jul 5, 2017
Japan-backed consortium to buy Toshiba chip unit may postpone deal until after U.S. court hearing
A consortium seeking to buy Toshiba Corp.'s prized memory chip unit may delay closing the deal in order to wait for a court decision on whether the sale should be blocked, sources said Tuesday.
Japan Times
BUSINESS / Companies
Jul 4, 2017
SK Hynix demands voting rights of up to 33.4% in Toshiba's chip unit
South Korean chipmaker SK Hynix Inc. is asking for up to 33.4 percent of voting rights in Toshiba Corp.'s semiconductor unit as they continue talks on the sale of the business, according to sources.
Japan Times
BUSINESS
Jul 3, 2017
Westinghouse could be sold by year's end, U.S. seen telling India
The U.S. administration has told India that Westinghouse Electric Co. will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington-supported sale or bailout for the nuclear firm.
Japan Times
COMMENTARY / Japan
Jun 28, 2017
Toshiba deal repeats Japan Inc.'s old mistakes
With their persistent interference, the bureaucrats are hurting, not helping Japan's prospects.
Japan Times
BUSINESS / Companies
Jun 28, 2017
Toshiba sues Western Digital for ¥120 billion as standoff imperils plans for chip unit sale
Toshiba Corp. filed a lawsuit against Western Digital Corp. on Wednesday seeking a court injunction to end the U.S. firms's efforts to block the sale of its chip unit.
Japan Times
BUSINESS / Companies
Jun 27, 2017
Western Digital resubmits bid with KKR for Toshiba chip unit
Western Digital Corp. has said it resubmitted a bid with U.S. investment fund Kohlberg Kravis Roberts for Toshiba Corp.'s chip unit in a last-minute effort as the electronics giant moves closer to clinching a deal with a Japanese government-led consortium.
Japan Times
BUSINESS / Companies
Jun 23, 2017
Toshiba asks regulators for extension on annual statement deadline to Aug. 10
Beleaguered Toshiba requests yet another deadline extension for its annual earnings report, increasing its chances of being delisted.
Japan Times
BUSINESS
Jun 21, 2017
Toshiba selects three-way tie-up for chip unit sale, appearing to prioritize government concerns
Toshiba Corp. has chosen a consortium formed by Japanese, South Korean and U.S. investors as the preferred bidder for the sale of its flash memory business, the company said Wednesday, in a move that appears to have prioritized government concerns.
Japan Times
BUSINESS / Companies
Jun 20, 2017
Toshiba board, CEO blasted by Glass Lewis for poor governance
Proxy adviser Glass Lewis & Co. blasted Toshiba Corp.'s board for poor governance amid repeated scandals and recommended investors vote against all directors at the company's shareholders meeting this month.
Japan Times
BUSINESS / Companies
Jun 6, 2017
Western Digital gives up on buying majority stake in Toshiba chip unit
The U.S. firm is eyeing a joint bid with the government-backed Innovation Network Corp. of Japan and the government-owned Development Bank of Japan.
Japan Times
BUSINESS
Jun 6, 2017
Japan notches $18 billion in soured deals amid M&A boom
Japanese businesses that have been snapping up everything from drugmakers to beer brands in their biggest overseas acquisition spree on record are beginning to feel the pain from some of the soured deals of the past.
BUSINESS / Companies
May 31, 2017
Toshiba unable to issue fiscal 2016 earnings report at shareholders meeting
Toshiba said Wednesday it will not be able to release its fiscal 2016 earnings report at its shareholders meeting next month, as the prospect of a timely filing of its financial statement with regulators by the end of June grows dimmer by the day.
Japan Times
BUSINESS / Companies
May 28, 2017
Western Digital may bend on Toshiba chip unit sale: sources
Western Digital Corp. appears to be softening its stance on Toshiba Corp.'s chip unit sale and has told the ailing conglomerate it might be willing to take a smaller stake in the unit instead of purchasing it outright.
Japan Times
BUSINESS / Companies
May 24, 2017
Western Digital offers ¥2 trillion for Toshiba's chip unit
Western Digital Chief Executive Officer Steve Milligan and Toshiba President Satoshi Tsunakawa held talks Wednesday over a potential acquisition. Toshiba is believed to have expressed reluctance to accept the plan.
BUSINESS / Companies
May 24, 2017
Toshiba may seek buyers for Westinghouse starting this fall
Toshiba could begin the process to sell a majority stake in Westinghouse Electric this fall as the U.S. company makes its way through a bankruptcy proceeding, according to Mark Marano, Westinghouse's chief operating officer.
Japan Times
BUSINESS / Companies
May 19, 2017
Broadcom, KKR said to be leading bidders for Toshiba's memory chip unit
Broadcom and a group led by KKR are the two leading bidders for Toshiba's highly valued semiconductor unit, sources say.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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