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Page 3 - Toshiba

Harvard wasn't pressured over Toshiba, former Japan adviser says: Report

A former Japanese govt adviser said he didn't put pressure on Harvard University's endowment fund to influence its voting at Toshiba's contested shareholder meeting last year

Harvard wasn't pressured over Toshiba, former Japan adviser says: Report
Updated On : 23 Jun 2021 | 10:02 AM IST

Toshiba's chairman resists calls to resign, to bring in new directors

Toshiba is in the spotlight after an independent investigation last week alleged that management colluded with Japan's trade ministry to block foreign investors from gaining board influence

Toshiba's chairman resists calls to resign, to bring in new directors
Updated On : 14 Jun 2021 | 7:23 PM IST

Toshiba blames former CEO's 'confrontational approach' to shareholders

The comment from Osamu Nagayama, chairman of Toshiba's board, comes after a shareholder-commissioned investigation revealed company colluded with Japanese government to "beat up" foreign shareholders

Toshiba blames former CEO's 'confrontational approach' to shareholders
Updated On : 14 Jun 2021 | 10:53 AM IST

Japan minister says he never asked adviser to contact Toshiba shareholders

Japan's trade minister said he never directed an adviser to contact Toshiba shareholders after a report accused his ministry of colluding with firm executives to pressure stockholders to fall in line

Japan minister says he never asked adviser to contact Toshiba shareholders
Updated On : 11 Jun 2021 | 8:57 AM IST

Toshiba colluded with government to undermine shareholders, probe finds

Toshiba was found "to have devised a plan to effectively prevent shareholders from exercising their shareholder proposal right and voting rights"

Toshiba colluded with government to undermine shareholders, probe finds
Updated On : 10 Jun 2021 | 8:23 PM IST

Toshiba board to appoint UBS as adviser for strategic review: Report

Toshiba Corp's 6502.T board is set to appoint UBS UBSG.S as financial adviser to work on a strategic review for the Japanese conglomerate as it faces a possible private equity bidding war, said source

Toshiba board to appoint UBS as adviser for strategic review: Report
Updated On : 12 May 2021 | 8:44 AM IST

Toshiba must seek suitors, another big shareholder says, after CVC's offer

The comments are from 3D Investment Partners, which owns a 7.2% stake in Toshiba

Toshiba must seek suitors, another big shareholder says, after CVC's offer
Updated On : 26 Apr 2021 | 3:08 PM IST

Toshiba decides against $20 bn CVC proposal, says open to 'credible' offers

CVC's proposal had sparked a strong backlash from Toshiba managers

Toshiba decides against $20 bn CVC proposal, says open to 'credible' offers
Updated On : 20 Apr 2021 | 7:29 PM IST

Scandal-hit Toshiba bid to test Japan's corporate governance rules

Toshiba has been hit by a succession of accounting and other scandals

Scandal-hit Toshiba bid to test Japan's corporate governance rules
Updated On : 16 Apr 2021 | 5:08 PM IST

Toshiba CEO resigns, shares surge on bidding war expectations: Details here

Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement.

Toshiba CEO resigns, shares surge on bidding war expectations: Details here
Updated On : 15 Apr 2021 | 1:55 AM IST

Toshiba board planned to oust CEO before $20 billion buyout offer: report

Toshiba said on Wednesday that Kurumatani was stepping down. It said he was doing so to "recharge" and after achieving his plan to revive the conglomerate

Toshiba board planned to oust CEO before $20 billion buyout offer: report
Updated On : 14 Apr 2021 | 2:42 PM IST

Toshiba shares surge on imminent CEO resignation, bidding war expectations

Shares in Japan's Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign

Toshiba shares surge on imminent CEO resignation, bidding war expectations
Updated On : 14 Apr 2021 | 7:30 AM IST

Toshiba activist investor Oasis unimpressed by CVC's $20 billion offer

U.S. hedge fund Farallon Capital Management has also asked Toshiba to seek multiple offers, but Oasis is the first to present what it considers a fair price.

Toshiba activist investor Oasis unimpressed by CVC's $20 billion offer
Updated On : 13 Apr 2021 | 4:26 PM IST

Japan's Toshiba confirms $20-billion takeover bid from British fund

Toshiba is one of Japan's oldest and largest firms whose business empire stretches from home electronics to nuclear power stations

Japan's Toshiba confirms $20-billion takeover bid from British fund
Updated On : 08 Apr 2021 | 2:16 AM IST

Japan's Toshiba Corp considers $20 billion take-private deal: Report

Toshiba is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private as the Japanese conglomerate faces pressure from activist shareholders to improve governance

Japan's Toshiba Corp considers $20 billion take-private deal: Report
Updated On : 07 Apr 2021 | 2:10 PM IST

Toshiba shareholders score landmark win with vote for independent probe

Toshiba shareholders voted in favour of an independent investigation into allegations that investors were pressured ahead of last year's AGM- a victory expected to spur more shareholder activism

Toshiba shareholders score landmark win with vote for independent probe
Updated On : 18 Mar 2021 | 8:30 AM IST

Top Toshiba shareholder gets support from CalPERS, Norway fund for probe

CalPERS and Norges Bank Investment Management (NBIM) voted in favour of a proposal by a top Toshiba Corp shareholder for an independent probe into the Japanese conglomerate

Top Toshiba shareholder gets support from CalPERS, Norway fund for probe
Updated On : 15 Mar 2021 | 6:56 AM IST

Toshiba introduces its first-ever Toshiba Lifestyle Centre in India

Marking a significant step in its offline retail strategy in India, Toshiba, the leading brand in home appliances announced its first-ever Toshiba Lifestyle Centre in India

Toshiba introduces its first-ever Toshiba Lifestyle Centre in India
Updated On : 18 Jan 2021 | 2:53 PM IST

Toshiba's second-quarter profit down 64% on pandemic, below estimates

Operating profit for the second quarter ended September came to 15.75 billion yen ($149.84 million), down from 44.23 billion yen in the same period a year prior

Toshiba's second-quarter profit down 64% on pandemic, below estimates
Updated On : 11 Nov 2020 | 10:48 AM IST

Toshiba Infra, French firm jointly win water treatment project in Bengaluru

Toshiba Infrastructure on Thursday said its arm TWS has won a water treatment plant contract from the Bangalore Water Supply and Sewerage Board jointly with Suez S.A. France subsidiary

Toshiba Infra, French firm jointly win water treatment project in Bengaluru
Updated On : 05 Nov 2020 | 10:10 PM IST