Tagged With "Mitsui"

TOKYO -- Toshiba is seeking an estimated 200 billion yen to 250 billion yen ($1.75 billion to $2.19 billion) in additional loans from three key lenders to cover the costs of streamlining its home electronics and semiconductor businesses. Sumitomo Mitsui Banking Corp., Mizuho Bank and Sumitomo Mitsui Trust Bank likely will heed the request and provide the funds as early as this month. The Japanese conglomerate is working to overhaul operations by the end of the current fiscal year March 31,...

Toshiba Corp ( 6502.T ), reeling from a $1.3 billion accounting scandal, intends to ask for an additional 300 billion yen ($2.49 billion) in credit lines by the end of January to fund a large-scale restructuring, the Nikkei business daily reported. Toshiba is likely to approach multiple financial institutions including Mizuho Bank and Sumitomo Mitsui Banking Corp, Nikkei reported, citing Chief Financial Officer Masayoshi Hirata. ( s.nikkei.com/1YJLltx ) The company, which overstated profits...

Toshiba gets hacked Hacked by the DarkSide ransomware group, according to Mitsui Bussan Secure Directions Cybersecurity “There are around 30 groups within DarkSide that are attempting to hack companies all the time, and they succeeded this time with Toshiba”; stated Takashi Yoshikawa, a senior malware analyst More than 740GB of information was stolen and posted to the Dark Web

Ricoh reports on new loan agreement Ricoh and Sumitomo Mitsui Trust Bank of Japan announced that they have concluded a “Positive Impact Finance” loan agreement that is in line with the Principles for Positive Impact Finance A United Nations Environment Program Finance Initiative Intended to support vendors activities related to environment, society and the economy