Toshiba’s new owners give plan details

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Toshiba’s new owners give plan details

Toshiba is now owned by Japan Industrial Partners (JIP)

CEO Taro Shimada was interviewed by French newspaper and gave some details on changes coming:
- “stable shareholder structure”
- Focus on high margin digital services and quantum technology
- “Specifically, we intend to further develop each business by better responding to the needs of Toshiba’s customers, implementing growth strategies by developing new technologies”
- Posted net loss of $344 million for last 2 quarters
- Number of non-essential business units likely to be sold off
  § (will this include copier/printer division?)

12/13/239:23 PM

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Toshiba’s new owners give plan details

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