Tue, 21-Oct-2025

Toshiba sets March date for vote on spin-off plan

toshiba

TOKYO: Japanese conglomerate Toshiba said Monday it would hold an extraordinary meeting of shareholders on March 24 to vote on its plan to spin off its devices unit. The ballot will not be legally binding but is intended to “confirm the views of our shareholders regarding moving forward”, Toshiba said, with a binding resolution to be … Read more

Toshiba announces plan to split into three firms

Toshiba

TOKYO: Toshiba’s board has approved a plan to split the storied Japanese conglomerate into three companies, it announced on Friday, following tension with shareholders and a controversial takeover offer. The announcement confirms reports earlier in the week that said management was under pressure from shareholders to maximise the firm’s value by dividing its businesses. The … Read more