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July 16, 2024
 

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TOSHIBA

BUSINESS
Mar 17, 2017
Stability of ailing Westinghouse parent Toshiba is vital, U.S. tells Japan
U.S. Cabinet members told Japanese industry minister Hiroshige Seko on Thursday that the United States regards the fiscal stability of Toshiba Corp., the ailing parent company of Westinghouse Electric Co., as extremely important.
Japan Times
BUSINESS / Companies
Mar 16, 2017
Toshiba offers new collateral in bid to get lenders to roll over loans till end of April
Toshiba Corp. has offered to provide more collateral, including shares of its prized memory chip unit, to its creditor banks, asking them to roll over their loans until the end of April.
Japan Times
BUSINESS / Companies
Mar 14, 2017
Toshiba mulls sale of majority stake in Westinghouse
Struggling Toshiba Corp. says it is considering selling a majority stake in its U.S. nuclear unit, Westinghouse Electric Co., aiming to stem further losses from the troubled business.
Japan Times
BUSINESS / Companies
Mar 14, 2017
Toshiba's troubled Westinghouse may be strategic fit for China or South Korea
If Toshiba Corp. parts ways with its embattled U.S. nuclear unit, Westinghouse Electric Co., the likely buyer may be a regional neighbor with global ambitions.
BUSINESS / Companies
Mar 13, 2017
Toshiba reportedly to push back release of earnings again
Sources say Toshiba Corp. will once again push back the release of its financial results after missing the initial deadline a month ago to probe a potential auditing problem at its U.S. nuclear unit, Westinghouse.
Japan Times
BUSINESS / Companies
Mar 1, 2017
Hon Hai's Gou says 'very serious' about Toshiba chip unit bid
Terry Gou is heading back to Japan.
BUSINESS / Companies
Feb 21, 2017
Toshiba seeking at least ¥1 trillion from chip unit sale
Toshiba Corp. is looking to raise at least ¥1 trillion ($8.8 billion) from the sale of its memory chip business and will aim to complete the transaction by March 2018, according to a source familiar with the matter.
BUSINESS / Companies
Feb 18, 2017
Toshiba wants to sell off chip business without loss of any jobs
Toshiba Corp. wants to sell its chip business in a deal where the potential buyer will retain all the workers currently employed, sources close to the matter said Friday.
Japan Times
JAPAN
Feb 17, 2017
Fukushima fuel-removal quest leaves trail of dead robots
The latest robot attempting to find the 600 tons of nuclear fuel and debris that melted down six years ago in the wrecked Fukushima No. 1 nuclear power plant met its end in less than a day.
BUSINESS / Companies
Feb 17, 2017
Toshiba U.S. unit executives pressured workers to understate losses: sources
Executives at Toshiba Corp.'s troubled U.S. nuclear unit pressured subordinates to understate losses related to nuclear plant construction, sources said Thursday.
COMMENTARY / Japan
Feb 16, 2017
Toshiba underlines why Abenomics is failing
Toshiba is the poster child for how little headway the government has made in modernizing corporate governance practices.
Japan Times
BUSINESS / Companies
Feb 16, 2017
Toshiba won't sell chip business before end of fiscal year, source says
Toshiba decides against selling stakes in its chip business for the time being, making it certain the ailing conglomerate will have a negative net worth by the year's end.
Japan Times
BUSINESS / Companies
Feb 15, 2017
Toshiba's latest confusion could complicate path to revival
Another scandal, revealed by a whistleblower, has hit already-embattled Toshiba Corp., further eroding the market credibility of its corporate governance.
Japan Times
BUSINESS / Companies
Feb 14, 2017
Toshiba says it is now considering selling majority stake in flash memory spinoff
Toshiba Corp.'s president said Tuesday the ailing electronics giant may sell a majority stake in its flash memory operations to cover losses caused by massive write-downs on its U.S. nuclear business.
Japan Times
BUSINESS / Companies
Feb 13, 2017
Toshiba's nuclear reactor mess winds back to a Louisiana swamp
If you want to understand why Toshiba is about to report a multi-billion dollar writedown on its nuclear reactor business, the story begins and ends with a onetime pipe manufacturer with roots in the swamp country of Louisiana.
Japan Times
BUSINESS
Feb 8, 2017
Reactor renaissance stymied by costly delays, strict safety regimens
Costly delays, growing complexity and new safety requirements in the wake of the three meltdowns at the Fukushima No. 1 plant are conspiring to thwart a new age of nuclear reactor construction.
Japan Times
BUSINESS / Companies
Feb 5, 2017
Scandal-hit Toshiba aims to raise ¥300 billion by selling preferred shares
Toshiba Corp. is considering issuing preferred shares to raise ¥300 billion ($2.66 billion) to avoid falling into negative net worth when it books a huge write-down on its nuclear business, sources close to the matter said Saturday.
Japan Times
BUSINESS / Companies
Jan 30, 2017
Trust banks plan ¥1 billion lawsuit against Toshiba
Mitsubishi UFJ Trust and Banking Corp. and an affiliated trust bank plan to sue scandal-ridden Toshiba Corp. for ¥1 billion over losses incurred from a major accounting scandal that sent its share price plummeting, a source close to the matter said Monday.
Japan Times
BUSINESS / Companies
Jan 27, 2017
Facing massive write-downs over U.S. investment, Toshiba to spin off its cash-cow chip business
As it faces massive write-downs in its nuclear power plant business, Toshiba Corp. said Friday that it will spin off its cash-cow chip business at the end of March.
Japan Times
BUSINESS / Companies
Jan 26, 2017
Toshiba said to plan selling chip unit stake to multiple buyers
Toshiba Corp. is planning to split the sale of a stake in its chip unit among several investors, including Canon Inc. and private equity funds, a person familiar with the matter said.
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

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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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