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Toshiba Corp


'Toshiba Corp' - 34 News Result(s)

  • Suzuki To Start Lithium-Ion Battery Production In India

    Suzuki To Start Lithium-Ion Battery Production In India

    Suzuki Motor Corp, Toshiba Corp and Denso Corp on Friday said they would form a joint venture to produce lithium-ion batteries for automobiles in India

  • Toshiba Seeks New Loan, Offers Memory Chip Unit Stake As Collateral - Report

    Toshiba Seeks New Loan, Offers Memory Chip Unit Stake As Collateral - Report

    Shares in Toshiba plunged for a second straight day after Reuters reported the troubled conglomerate would likely miss a third deadline to report its quarterly business results.

  • Troubled Toshiba To Offload Chip Unit

    Troubled Toshiba To Offload Chip Unit

    Toshiba, which bought Westinghouse in 2006 for $5.4 billion now faces months of complex negotiations over the fate of its U.S. nuclear business.

  • Toshiba Seeks $8.8 Billion For Majority Stake In Chip Unit: Report

    Toshiba Seeks $8.8 Billion For Majority Stake In Chip Unit: Report

    The Japanese industrial conglomerate is unable to raise funds through new share issues because the Tokyo Stock Exchange put it on a watchlist following a $1.3 billion accounting scandal in 2015.

  • Will Give Toshiba As Much Support As Possible: SMBC Chief

    Will Give Toshiba As Much Support As Possible: SMBC Chief

    The TVs-to-nuclear conglomerate is scrambling for cash to stay in business as a multi-billion-dollar hole has emerged in its nuclear business.

  • Toshiba Considers Chip Business Stake Sale To Western Digital: Report

    Toshiba Considers Chip Business Stake Sale To Western Digital: Report

    Some US investment funds are also showing interest in Toshiba's semiconductor business, the Nikkei reported, citing sources familiar with the matter.

  • Toshiba Shares Hit By Fresh Profit Padding Allegations

    Toshiba Shares Hit By Fresh Profit Padding Allegations

    The market watchdog found that Toshiba had reported profit gains in its computer operations during the 2012-2014 financial years, when the section had not generated any profit, the newspaper reported citing unidentified sources.

  • Suzuki CEO Steps Down As Mileage Test Storm Grows

    Suzuki CEO Steps Down As Mileage Test Storm Grows

    Suzuki Motor Corp patriarch Osamu Suzuki is stepping down as chief executive and the Japanese automaker promised to cut executive pay and slash 2015 bonuses, hoping to draw a line under the bruising admission of major flaws in its fuel tests.

  • Toshiba to Sell Part of its Chip Operations: Report

    Toshiba to Sell Part of its Chip Operations: Report

    Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting scandal, three people familiar with the matter told Reuters on Saturday.

  • Toshiba Considering Splitting Off Chip Business, Listing It

    Toshiba Considering Splitting Off Chip Business, Listing It

    Embattled Toshiba Corp on Friday said it was thinking of splitting off most of its chip business into a separate company, with listing the business an option - a move that would help it raise capital in the wake of a $1.3 billion accounting scandal.

  • Toshiba Sues Former Executives over Scandal, Swings to Operating Loss

    Toshiba Sues Former Executives over Scandal, Swings to Operating Loss

    Japan's Toshiba Corp said on Saturday it has sued five former executives, including three former chief executives, over mismanagement, in an apparent attempt by the current leadership to distance itself from a $1.3 billion accounting scandal.

  • Toshiba Corp Acquires Majority Stake in UEM India

    Toshiba Corp Acquires Majority Stake in UEM India

    Japan's Toshiba Corporation on Wednesday acquired a majority stake in UEM India Pvt Ltd to strengthen its position in the water and waste water management business.

  • Toshiba Likely to Post Loss for FY15: Report

    Toshiba Likely to Post Loss for FY15: Report

    Toshiba Corp is expected to report a net loss for the last fiscal year and also revise down its fiscal 2011-12 earnings to a loss following an investigation into its accounting practices, the Nikkei business daily reported.

  • Toshiba CEO to Step Down Over Accounting Scandal

    Toshiba CEO to Step Down Over Accounting Scandal

    Japan's Toshiba Corp said its chief executive was stepping down on Tuesday after an independent investigation found he had been aware the company had been inflating its profits over a number of years.

  • Regulators to Seek Penalty on Toshiba Over Accounting Irregularities: Report

    Regulators to Seek Penalty on Toshiba Over Accounting Irregularities: Report

    Japan's financial watchdog plans to seek a financial penalty on Toshiba Corp, currently being investigated by an independent committee over accounting irregularities, the Nikkei reported on Saturday.

  • Toshiba CEO Hisao Tanaka Likely to Step Down in September: Report

    Toshiba CEO Hisao Tanaka Likely to Step Down in September: Report

    Toshiba Corp chief executive Hisao Tanaka is likely to step down in September to take responsibility for accounting irregularities at the Japanese conglomerate, the Nikkei business daily reported.

  • Toshiba Accounting Errors May Be Over $800 Million: Report

    Toshiba Accounting Errors May Be Over $800 Million: Report

    Japan's Toshiba Corp may need to mark down past earnings by over 100 billion yen ($814 million), more than double earlier estimates, after an investigation into past accounting practices found more irregularities, a source familiar with the matter said on Saturday.

  • Toshiba to Consider Overseas Locations for Chip Plant

    Toshiba to Consider Overseas Locations for Chip Plant

    Toshiba Corp will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, chief executive Hisao Tanaka said on Friday.