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TOSHIBA PROFIT
SoftBank overtakes Toyota as Japan's most valuable companyFueled by its significant stake in AI powerhouse OpenAI, SoftBank Group has surged past Toyota to become Japan's most valuable company. The...- Newly privatised Toshiba to cut 4,000 jobs in restructuring driveToshiba announces plans to cut up to 4,000 jobs in Japan as part of restructuring efforts following its takeover by a consortium led by Jap...
- Toshiba working with JIP to expedite $15-billion buyoutAfter Toshiba's board in March accepted a 2 trillion yen ($14.8 billion) buyout offer from the JIP-led group, Toshiba has "received positiv...
- Toshiba sets March date for initial vote on break-up planThe final vote to determine whether to break up the 146-year-old conglomerate won't happen until next year but the meeting will be an impor...
- Toshiba plans to split into three firms, shareholder reaction in focusJapan's Toshiba Corp has outlined plans to break up into three independent companies by spinning off two core businesses - its energy and i...
- Big in Japan? Hope at home for Toshiba's nuclear arm after US debacleFor Toshiba, the main contractor or a major component supplier to 20 of those reactors, that's a stable business, and one of its most profi...
- Toshiba to announce business plan on FridayJapan's Toshiba Corp said it would unveil its business strategy for next fiscal year on Friday in an announcement expected to include plans...
- Toshiba to exit home appliance, TV business in India as losses mountToshiba has informed key trade partners and dealers in India about its decision and has stopped importing goods for over a month now.
- Toshiba to book record loss, cut 5% of workforce this yearToshiba Corp said on Monday it would book a record net loss this year and cut around 5 percent of its workforce as the sprawling conglomera...
- Toshiba executives resign over $1.2-billion accounting scandalToshiba president Hisao Tanaka and two other executives quit to take responsibility for a $1.2-billion accounting scandal.
- Toshiba to outsource system chips to rival Samsung: ReportJapan's Toshiba plans to outsource production of system chips, used in cellphones, TVs and cars, to South Korea's Samsung in order to focus...
- Japan's Toshiba almost trebles first-half earnings forecastToshiba on Thursday almost trebled its profit projections for the first half, thanks to strong sales of semiconductors and liquid crystal d...
- Toshiba eyes drastic reform of chip businessJapanese electronics giant Toshiba said it plans "drastic" reform of its chip business amid a report it was in talks with rival NEC on inte...
- Toshiba says to go in red for first halfJapan's Toshiba Corp. said on Friday it expected to go in to the red for the first half of the financial year as its computer chip business...
- Toshiba sells majority stake in real estate unitJapan's Toshiba Corp., hoping to refocus on mainstay businesses, said Tuesday it was selling a majority stake in its real estate unit for 8...
- Toshiba earnings dip after DVD failureJapan's Toshiba Corp. said Friday its annual net profit dipped more than seven percent after the firm lost out in a next-generation DVD for...
- Toshiba likely to post $1 bn lossJapan's Toshiba expects to post nearly one billion dollars in losses this year as it shuts down its HD DVD business after losing to rival S...
- Toshiba, IHI in talks over nuclear plant tie-up: ReportJapan's Toshiba Corp and heavy machinery manufacturer IHI Corp are in talks over a possible business tie-up in energy systems.
- Sony may quit advanced chip projectSony Corp may withdraw from joint research on next-generation computer chips after agreeing to sell its production operations for the brain...
- Toshiba profits up fivefold in first quarterJapan's Toshiba Corp said on Friday its net profit jumped more than fivefold in the fiscal first quarter and sharply raised its interim ear...
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