Toshiba Corp said more than 1,000 postal voting forms for its annual shareholder meeting arrived by the deadline but went uncounted
The revelations raise further questions about interference in governance at Toshiba, following calls for an investigation into uncounted votes at the contentious July 31 shareholder meeting
The company earlier sold the 80.1 per cent stake to Sharp in 2018
Toshiba launches 2020-21 range of home appliances in first ever nationwide virtual event
In a new twist, Yoshiaki Murakami, Japan's best-known activist investor, announced a tender offer for Toshiba Machine late on Friday
Toshiba's Bluetooth Headphones, with the price tag of Rs 2,849, fall in budget category and it would not be fair to expect much
For the year to March 2019, the firm said it expected a net profit of 920 billion yen ($8.1 billion), down from an earlier projection of 1,070 billion yen
Toshiba had promised to reward shareholders after completing the sale of the chips unit to a consortium led by US private equity firm Bain Capital
Toshiba Memory, the world's No. 2 producer of NAND chips, is due to be sold for 2 trillion yen ($18.6 billion)
The company needs to raise the money by March to avoid seeing its shares delisted from the Tokyo Stock Exchange
Over the $18 billion sales of its memory chip business
Toshiba was working under creditor pressure to strike a deal by the end of the month
Apple is a new member of the consortium, which also includes South Korean chipmaker SK Hynix Inc
Massive losses have stemmed from indebtedness of nuclear power plant division, Westinghouse Electric
Toshiba claims Western Digital employees improperly obtained proprietary information
Toshiba's attempt to gain cash from the chip operations sale has not gone smoothly
However, Western Digital is still seeking arbitration
Western Digital Corp. has been in talks to join the Japan group
Potentially derailing a much-needed capital injection for the Japanese conglomerate
Toshiba, whose US nuclear unit Westinghouse has filed for bankruptcy protection, is reporting a 950 billion yen (USD 8.4 billion) net loss for the fiscal year ended March. The Japanese electronics giant's results have failed to win auditors' approval from the previous quarter, after questions were raised over the acquisition of US nuclear construction company CB&I Stone and Webster. Tokyo-based Toshiba Corp. Called the results released today as projections, rather than results, since they lack the company's auditors' approval, but it was in line with what it had said recently. The loss was about double the 460 billion yen (USD 4.1 billion) loss racked up the previous fiscal year. Toshiba, whose products include computer chips and household appliances, acquired Westinghouse in 2006. Its president, Satoshi Tsunakawa, has recently said the strategy based on Westinghouse was a mistake, and has promised it won't take on new nuclear projects. Toshiba has been trying to sell its ...