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Toshiba

Toshiba

Japanese multinational electronics, electrical equipment and information technology corporation

Toshiba Corporation is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives (HDD), printers, batteries, lighting, as well as IT solutions such as quantum cryptography. It was one of the biggest manufacturers of personal computers, consumer electronics, home appliances, and medical equipment. As a semiconductor company and the inventor of flash memory, Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as Toshiba Memory, later Kioxia, in the late 2010s.

The Toshiba name is derived from its former name, Tokyo Shibaura Denki K.K. (Tokyo Shibaura Electric Co., Ltd) which in turn was a 1939 merger between Shibaura Seisaku-sho (founded in 1875) and Tokyo Denki (founded in 1890). The company name was officially changed to Toshiba Corporation in 1978. It is listed on the Tokyo Stock Exchange, where it was a constituent of the Nikkei 225 and TOPIX indices (leaving both in August 2018), and the Nagoya Stock Exchange.

A technology company with a long history and sprawling businesses, Toshiba is a household name in Japan and has long been viewed as a symbol of the country's technological prowess. Its reputation has since been affected following an accounting scandal in 2015 and the bankruptcy of subsidiary energy company Westinghouse in 2017, after which it was forced to shed a number of underperforming businesses, essentially eliminating the company's century-long presence in consumer markets. Toshiba ultimately announced on 12 November 2021 that it would split into three separate companies, respectively focusing on infrastructure, electronic devices, and all other remaining assets; the latter would retain the Toshiba name. It expects to complete the plan by March 2024.

Timeline

April 14, 2021
Toshiba announces the resignation of its CEO, Nobuaki Kurumatani. Satoshi Tsunakawa, the chairman of Toshiba, in 2017 will succeed Nobuaki Kurumatani.

Products

Patents

Further Resources

Title
Author
Link
Type
Date

Toshiba: CRL - Integrated Quantum Photonics

Toshiba Research Europe Limited

Web

News

Title
Author
Date
Publisher
Description
3D Investment Partners Pte. Ltd.
June 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- 3D Investment Partners Pte. Ltd. (together with the funds it manages, "3D"), one of Toshiba's largest shareholders, commented on the results of...
Richard Speed
June 21, 2021
go.theregister.com
Have you tried turning it off and on again?
June 15, 2021
mint
It's a rare public account of how Japan's bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders
Omar Faridi
May 19, 2021
Crowdfund Insider
Quasi quantum technology in financial trading is reportedly being tested by Japanese tech giant Toshiba and Dharma Capital.
Simon Cohen
May 5, 2021
Digital Trends
Fans of Amazon's Fire TV streaming platform now have another choice when it comes to an all-in-one smart TV. The Toshiba C350 Series is an affordable 4K HDR TV.
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References

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