Tag - toshiba

 
 

TOSHIBA

BUSINESS / Companies
Jan 25, 2017
Bank-related funds may invest in ailing Toshiba's flash memory unit
Investment funds established by Toshiba Corp.'s main creditor banks may invest in the company's flash memory unit as the conglomerate prepares to spin off the operation, sources have said.
Japan Times
BUSINESS / Companies
Jan 22, 2017
Verging on negative net worth, Toshiba preps stake sales to raise cash
In an effort to avoid falling into negative net worth amid huge losses from its U.S. nuclear business, beleaguered Toshiba Corp. plans to generate cash by selling stakes in group companies.
BUSINESS / Companies
Jan 21, 2017
Toshiba stuck with billions in unsold gas on top of nuclear troubles
Toshiba Corp. is seeking help from a large buyer of liquefied natural gas to avoid billions in potential losses if it can't sell American gas it holds.
Japan Times
BUSINESS / Companies
Jan 19, 2017
Toshiba could incur ¥700 billion loss, asks state-owned bank for aid
Toshiba Corp. has sought financial aid from the state-owned Development Bank of Japan as it expects losses from its U.S. nuclear business.
BUSINESS / Companies
Jan 18, 2017
Toshiba eyes spinning off flash-memory business
Toshiba Corp. is considering spinning off its key flash-memory business as part of efforts to make up for expected losses in its U.S. nuclear unit, a source familiar with the plan said Tuesday.
Japan Times
BUSINESS / Companies
Jan 12, 2017
Toshiba may face still heavier losses in U.S. nuclear business: source
Toshiba Corp. anticipates that total losses at its nuclear business in the United States could be larger than earlier stated due to a write-down at its subsidiary Westinghouse Electric Co., a source familiar with the matter said Wednesday.
Japan Times
Rugby
Jan 7, 2017
Sungoliath thrash Brave Lupus in Top League duel
A hat trick of tries from Takaaki Nakazuru and another near-faultless display from Kosei Ono helped Suntory Sungoliath move ever closer to their fourth Top League title Saturday as they hammered Toshiba Brave Lupus 48-0.
BUSINESS / Markets
Jan 4, 2017
Toshiba shares recover from early plunge on report of new accounting scandal
Shares of Toshiba Corp. recovered from an early dive after the Asahi Shimbun reported regulatory concerns about the company's earnings.
Rugby
Oct 23, 2016
Ricoh rookie Matsuhashi bags hat-trick in win over Toshiba
A try from Ricoh rookie Shuhei Matsuhashi — his third of the day — seconds before the final hooter handed the Black Rams a 33-28 win over Toshiba Brave Lupus on Sunday in the Japan Rugby Top League.
BUSINESS
Oct 20, 2016
SESC grills three ex-Toshiba chiefs over falsified financial reports with eye to criminal charges
The Securities and Exchange Surveillance Commission has queried three former Toshiba Corp. presidents over falsified earnings reports, market sources said Wednesday.
JAPAN
Sep 30, 2016
Toshiba says uranium built up beyond company limit at U.S. plant
Toshiba Corp. said Thursday a buildup of material found inside a plant of its U.S. unit, Westinghouse Electric Co., contained an amount of uranium three times higher than the facility's internally set limit.
BUSINESS
Sep 29, 2016
Hitachi, Toshiba and Mitsubishi Heavy may integrate nuclear fuel units
Hitachi Ltd., Toshiba Corp. and Mitsubishi Heavy Industries Ltd. are considering integrating their nuclear fuel businesses, sources said Thursday. The tie-up could come in the spring.
BUSINESS / Companies
Sep 28, 2016
Toshiba more than doubles profit outlook as yen drives sales
Toshiba Corp. raised its forecast for first-half operating profit to ¥70 billion from ¥30 billion, crediting growth in storage and electronic devices for a more than doubling of its earnings outlook.
BUSINESS / Companies
Sep 15, 2016
Toshiba tells TSE of its governance reforms in bid to get shares off watch list
Toshiba Corp. submitted a report to the Tokyo Stock Exchange on Thursday to explain how corporate governance at the major electronics maker has improved since its accounting scandal came to light, the company said.
BUSINESS / Companies
Aug 26, 2016
Japan Trustee Services Bank sues Toshiba for ¥12 billion over accounting scandal
Japan Trustee Services Bank is seeking ¥11.99 billion in damages from Toshiba Corp. over the industrial giant's accounting scandal, Toshiba announced Friday.
Rugby
Jun 30, 2016
Ex-All Blacks winger Jane joins Toshiba Brave Lupus
Former All Blacks winger Cory Jane has signed a two-year contract with theTop League's Toshiba Brave Lupus, though he will return to play for the Wellington Hurricanes next year, his Super Rugby franchise said on Thursday.
EDITORIALS
Jun 26, 2016
Corporate governance report card
Companies are making good progress in complying with the Tokyo Stock Exchange's corporate governance principles, but the proof will be in the pudding.
Japan Times
BUSINESS / Companies
Jun 23, 2016
Toshiba's President Tsunakawa warns of long road to recovery
A day after stepping into his new role, Toshiba Corp. President Satoshi Tsunakawa has cautioned that the company is still recovering from a bruising accounting scandal and faces a lengthy turnaround process.
BUSINESS / Companies
Jun 23, 2016
GPIF sues Toshiba for losses over accounting scandal
Japan's $1.3 trillion Government Pension Investment Fund is suing Toshiba Corp. for losses on its investments after an accounting scandal sent the conglomerate's shares plunging.
BUSINESS
Jun 8, 2016
Washington, New Delhi agree Toshiba U.S. subsidiary will build nuclear plants
The United States and India agreed Tuesday on a plan for a U.S. subsidiary of Toshiba Corp. to build six nuclear power plants in India under a bilateral nuclear pact.

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