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Endpoint: Toshiba



05:06
Videos (4)
created on: 18/12/2023
by: Lo55o (12521)
 
 

Brand properties

General info :
Toshiba is the brand name used by Toshiba Corp., a Japanese multinational electronics company headquartered in Minato, Tokyo, Japan.
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 which has been in development at Cambridge Research Laboratory, Toshiba Europe, located in the United Kingdom, now being commercialised.
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 100 indices (leaving both in August 2018, but returned to the latter in 2021), 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.

In March 2023, the company announced it had accepted a ¥2 trillion ($15 billion) buyout offer from a consortium led by Japan Industrial Partners, a Tokyo-based private equity firm. If the deal wins support from shareholders and regulators, the company will be taken private and be delisted from the Tokyo Stock Exchange. In mid September 2023, the tender offer had been completed. The company would be transferred to the newly created parent company TBJH by September 27, and the company would be delisted within a month.
Relations :
Brand name used by : Toshiba Corp.
This endpoint is new to the database, please check he (it) is not in with a similar endpoint name association (and use the ENA function if necessary).
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Item number : 60934

Submitted by : Lo55o (12521)
on : 18/12/2023