Skip to main content

4 replies

We all thought Sharp Corp would be next to drop, but Toshiba Tec may be sold first

Art PostArt PostAdmin VIP

Just ran across this today in my google alerts.  Check this statement out by the Japan Times,  "Toshiba Corp., which is embroiled in an accounting scandal, is considering selling its listed office equipment subsidiary Toshiba Tec Corp. as part of efforts to streamline its diversified businesses, sources said Monday."

I'm sure we can have a lot of fun with this one also, who would be a viable buyer?  Could this really happen?  Would they sell to Samsung?

Here's the link...http://www.japantimes.co.jp/news/2015/12/15/business/corporate-business/scandal-hit-toshiba-may-sell-toshiba-tec-unit-part-streamlining-effort/#.Vm9rvNHSkeh

Here's the link for Toshiba Tec and what they sell http://www.toshibatec.co.jp/en/

If you like something I've posted please feel free to click the "like" button!

Original Post

Replies sorted oldest to newest

S SalesServiceGuyMaven VIP

The sources for this story are not named nor any details confirmed by Toshiba Corp.

Toshiba Corp could request Toshiba Tec (an independent subsidiary company) to buy controlling interest in its shares.

The copier division is doing OK but Toshiba Tec probably made a mistake in overpaying for the IBM Point of Sale division a few years ago.  This forced a big write down and loss on overstated assets for the last six month accounting period.

Toshiba Tec has never been involved with the accounting scandal effecting Toshiba Corp. 

Last edited by SalesServiceGuy

Add Reply

Post

Membership Required

We're sorry. You must be signed in to continue. Sign In or Register
×
Are you sure you want to remove from your Block List?
×
Loading...
×
When you block a person, they can no longer invite you to a private message or post to your profile wall. Replies and comments they make will be collapsed/hidden by default. Finally, you'll never receive email notifications about content they create or likes they designate for your content.
Note: if you proceed, you will no longer be following .
×
Advanced Search
Advanced Search
Link copied to your clipboard.
×

Access to this requires a premium membership.

VIP/Premium Membership

A Premium Membership can carry you to the top of the sales ladder!

Premium Membership Includes:

  • Access to the Premium forums (I'm not going to post all of my secrets in the general forums, but I will post them in the Premium forums).
  • Unlimited downloads of all documents which include competitive proposals, Print4Pay Hotels "Pricing on the Street", competitive quotes, competitive sales orders, RFP's/RFQ's and word/xcel documents that I've created that will help you track your sales, self help sales documents, and much more!
  • As long as you're a Premium Member, you can lean on me for additional help with creative ideas of how to close the deal, add additional value with a third party solution, whatever you need in order to help WIN the deal!
  • Leads, every now and then I'll get a few leads from across the country, this is due the lead generation site I created and all the blogs I've written. A Premium Membership will enable you to receive these leads.

Follow the link on the forums to get your Premium Membership. If you're interested in a lifetime membership please send me an email arthurkpost@gmail.com and we'll send you a pay pal invoice of $399 of a LIFETIME Print4Pay Hotel membership.

$115.00 per 12 Months (plus tax if applicable)
×