Toshiba update
Orix Corp., one of the biggest members of the Japan Industrial Partners (JIP) group, is planning to reduce its financial contribution to the group
- The JIP group had recently made its offer to buy Toshiba
- Orix, which is becoming wary of the deal, will apparently reduce its commitment from 300 billion yen to only 200 billion yen ($1.48 billion), according to Reuter News Service