Private equity-related dealmaking in Japan jumped last year, as low interest rates and an ample supply of targets helped make the country the only market in the Asia-Pacific region to see growth, according to Bain. Deal value in Japan last year nearly tripled compared with the annual average from 2018 to 2022, rising 183%, a … Read more
(WHTM) — Approximately 15.5 million Toshiba laptop AC adapters are being recalled by Dynabook Americas due to fire and burn hazards, according to the U.S. Consumer Product Safety Commission. The recalled AC adapters were sold both individually and with Toshiba brand personal laptop computers. They can be identified by their date codes, which range from … Read more
Toshiba announced on Thursday a new management structure after its planned delisting next week, with the majority of board members coming from the consortium led by Japan Industrial Partners that acquired it. Of the seven board members, four are from JIP, including President Hidemi Moue and Vice Chairman Koji Ikeya, a former vice president of … Read more
Toshiba and Rohm said on Friday that they would invest ¥388.3 billion ($2.7 billion) to jointly produce power chips, the first collaboration since Rohm’s participation in a $14 billion buyout of Toshiba. The latest partnership is what the industry ministry has hoped for out of concerns that the country’s power chip industry is too fragmented … Read more
Toshiba said Tuesday that it posted a net loss of ¥52.14 billion ($344 million) for the six months ended September due to losses related to its chip affiliate Kioxia, marking its last earnings announcement before its scheduled delisting next month. The figure in the reporting period is a reversal from a net profit of ¥100.66 … Read more