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Wikipedia

Toshiba

March 08, 2023

Toshiba Corporation (株式会社東芝, Kabushikigaisha Tōshiba, English: /təˈʃiːbə, tɒ-, toʊ-/[3]), commonly known as Toshiba and stylized as TOSHIBA, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives (HDD), printers, batteries, lighting, as well as IT solutions such as quantum cryptography which has been in development at Cambridge Research Laboratory, Toshiba Europe, located in the United Kingdom, now being commercialised.[4][5][6] It was one of the biggest manufacturers of personal computers, consumer electronics, home appliances, and medical equipment. As a semiconductor company and the inventor of flash memory, Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as Toshiba Memory, later Kioxia, in the late 2010s.[7][8][9]

Toshiba Corporation
Global headquarters in Minato, Tokyo, Japan
Native name
株式会社東芝
Kabushikigaisha Tōshiba
FormerlyTokyo Shibaura Electric Co., Ltd. (English name 1939–1979; Japanese name 1939–1984)
TypePublic
IndustryConglomerate
Predecessors
Founded11 July 1875; 147 years ago (1875-07-11)b
Founders
  • Tanaka Hisashige (for the Tanaka Seisakusho branch)
  • Takayasu Mitsui (for the Shibuara Seisakusho branch)
  • Shōichi Miyoshi and Fujioka Ichisuke (for the Hakunetsusha/Tokyo Denki branch)
Headquarters
Minato, Tokyo
,
Japan
Area served
Worldwide
Key people
  • Taro Shimada (CEO)
  • Satoshi Tsunakawa (chairman)
Products
Revenue ¥3,336.97 billion (FY2021)a[1]
¥158.94 billion (FY2021)[1]
¥194.65 billion (FY2021)[1]
Total assets ¥3,734.52 billion (FY2021)[1]
Total equity ¥1,366.66 billion (FY2021)[1]
Number of employees
116,224 (2022)[2]
SubsidiariesList of Toshiba subsidiaries
Websiteglobal.toshiba
Footnotes / references
  • a. Fiscal Year 2021 (FY2021) in this article is from 1 April 2021 to 31 March 2022.
  • b. Foundation date for one of the predecessor companies. The current company was established in 1904 as the direct successor of said company, and its legal successor was founded in 1939.

The Toshiba name is derived from its former name, Tokyo Shibaura Denki K.K. (Tokyo Shibaura Electric Co., Ltd) which in turn was a 1939 merger between Shibaura Seisaku-sho (founded in 1875) and Tokyo Denki (founded in 1890). The company name was officially changed to Toshiba Corporation in 1978. It is listed on the Tokyo Stock Exchange, where it was a constituent of the Nikkei 225 and TOPIX 100 indices (leaving both in August 2018, but returned to the latter in 2021), and the Nagoya Stock Exchange.

A technology company with a long history and sprawling businesses, Toshiba is a household name in Japan and has long been viewed as a symbol of the country's technological prowess. Its reputation has since been affected following an accounting scandal in 2015 and the bankruptcy of subsidiary energy company Westinghouse in 2017, after which it was forced to shed a number of underperforming businesses, essentially eliminating the company's century-long presence in consumer markets.[10][11][12]

Toshiba announced on 12 November 2021 that it would split into three separate companies, respectively focusing on infrastructure, electronic devices, and all other remaining assets; the latter would retain the Toshiba name. It expected to complete the plan by March 2024.[13] But the plan was challenged by stockholders, and at an extraordinary general meeting on 24 March 2022, they rejected the plan. They also rejected an alternative plan put forward by a large institutional investor that would have had the company search for buyers among private equity firms.[14]

History

Tanaka Seisakusho

Tanaka Seisakusho (田中製作所, Tanaka Engineering Works) was the first company established by Tanaka Hisashige (1799–1881), one of the most original and productive inventor-engineers during the Tokugawa / Edo period. Established on July 11, 1875,[15][16] it was the first Japanese company to manufacture telegraph equipment. It also manufactured switches, and miscellaneous electrical and communications equipment. The company was inherited by Tanaka's adopted son, and later became half of the present Toshiba company. Several people who worked at Tanaka Seisakusho or who received Tanaka's guidance at a Kubusho (Ministry of Industries) factory later became pioneers themselves. These included Miyoshi Shōichi who helped Fujioka make the first power generator in Japan and to establish a company, Hakunetsusha to make bulbs; Oki Kibatarō, the founder of the present Oki Denki (Oki Electric Industry); and Ishiguro Keizaburō, a co-founder of the present Anritsu.[17]

After the demise of the founder in 1881 Tanaka Seisakusho became partly owned by General Electric and expanded into the production of torpedoes and mines at the request of the Imperial Japanese Navy, to become one of the largest manufacturing companies of the time. However, as the Navy started to use competitive bids and then build its own works, the demand decreased substantially and the company started to lose money. The main creditor to the company, Mitsui Bank, took over the insolvent company in 1893 and renamed it Shibaura Seisakusho (Shibaura Engineering Works).[17]

Shibaura Seisakusho

Shibaura Seisakusho (芝浦製作所, Shibaura Engineering Works) was the new name given to Tanaka Seisakusho after it was declared insolvent in 1893 and taken over by Mitsui Bank.

In 1910, it formed a tie-up with General Electric (GE), which, in exchange for technology, acquired about a quarter of the shares of Shibaura. The relation with GE continued until the beginning of World War II and resumed in 1953 with GE's 24 percent shareholding in the successor company, Tokyo Shibaura Denki. This percentage decreased substantially since then.[17]

Hakunetsusha (Tokyo Denki)

Hakunetsusha (白熱舎) was a company established by Shōichi Miyoshi and Fujioka Ichisuke, two of Japan's industrial pioneers during the Tokugawa / Edo period. It specialized in the manufacture of light bulbs.

The company was established in 1890 and started out by selling bulbs using bamboo filaments. However, following the opening up of trade with the West through the Unequal treaty, Hakunetsusha met with fierce competition from imports. Its bulb cost about 60 percent more than the imports and the quality was poorer. The company managed to survive with the booms after the First Sino-Japanese War of 1894–95 and the Russo-Japanese War of 1904–05, but afterward its financial position was precarious.

In 1905 the company was renamed Tokyo Denki (Tokyo Electric) and entered into a financial and technological collaboration with General Electric of the US. General Electric acquired 51 percent share of ownership, sent a vice president, and provided the technology for bulb-making. Production equipment was bought from GE and Tokyo Denki soon started selling its products with GE's trademark.

1939 to 2000

 
AM-only Toshiba vacuum tube radio (1955)

Toshiba was founded in 1939 by the merger of Shibaura Seisakusho[18] and Tokyo Denki. The merger of Shibaura and Tokyo Denki created a new company called Tokyo Shibaura Denki (Tokyo Shibaura Electric) (東京 芝浦 電気). It was soon nicknamed Toshiba, but it was not until 1978 that the company was officially renamed Toshiba Corporation.

 
The Toshiba pavilion at Expo '85

The group expanded rapidly, driven by a combination of organic growth and by acquisitions, buying heavy engineering, and primary industry firms in the 1940s and 1950s. Groups created include Toshiba Music Industries/Toshiba EMI (1960), Toshiba International Corporation (the 1970s) Toshiba Electrical Equipment (1974), Toshiba Chemical (1974), Toshiba Lighting and Technology (1989), Toshiba America Information Systems (1989) and Toshiba Carrier Corporation (1999).

Toshiba is responsible for a number of Japanese firsts, including radar (1912)[citation needed], the TAC digital computer (1954), transistor television, color CRTs[19] and microwave oven (1959), color video phone (1971), Japanese word processor (1978), MRI system (1982), laptop personal computer (1986), NAND EEPROM (1991), DVD (1995), the Libretto sub-notebook personal computer (1996) and HD DVD (2005).

In 1977, Toshiba acquired the Brazilian company Semp (Sociedade Eletromercantil Paulista), subsequently forming Semp Toshiba through the combination of the two companies' South American operations.

 
In 1950, Tokyo Shibaura Denki was renamed Toshiba. This logo, known as the “Umbrella Mark”, was used from 1950 to 1969, and then as a primary logo between 1969 and 1984. It was also used later on for hard drives.[20]
 
Toshiba's secondary logo used from 1969 to 1984, used in tandem with the umbrella logo above[21]
 
Toshiba logo, used since 1984[21]

In 1987, Tocibai Machine, a subsidiary of Toshiba, was accused of illegally selling CNC milling machines used to produce very quiet submarine propellers to the Soviet Union in violation of the CoCom agreement, an international embargo on certain countries to COMECON countries. The Toshiba-Kongsberg scandal involved a subsidiary of Toshiba and the Norwegian company Kongsberg Vaapenfabrikk. The incident strained relations between the United States and Japan, and resulted in the arrest and prosecution of two senior executives, as well as the imposition of sanctions on the company by both countries.[22] Senator John Heinz of Pennsylvania said "What Toshiba and Kongsberg did was ransom the security of the United States for $517 million."

 
World-first Japanese word processor Toshiba JW-10 (1979)

2000 to 2010

In 2001, Toshiba signed a contract with Orion Electric, one of the world's largest OEM consumer video electronic makers and suppliers, to manufacture and supply finished consumer TV and video products for Toshiba to meet the increasing demand for the North American market. The contract ended in 2008, ending seven years of OEM production with Orion.

In December 2004, Toshiba quietly announced it would discontinue manufacturing traditional in-house cathode-ray tube (CRT) televisions. In 2005, Matsushita Toshiba Picture Display Co. Ltd. (a joint venture between Panasonic and Toshiba created in 2002[23]) stopped production of CRTs at its factory in Horseheads, New York. A year later, in 2006, it stopped production at its Malaysian factory, following heavy losses.[24][25][26] In 2006, Toshiba terminated sales of CRT TVs in Japan[27] and production of in-house plasma TVs. To ensure its future competitiveness in the flat-panel digital television and display market, Toshiba has made a considerable investment in a new kind of display technology called SED. This technology, however, was never sold to the public, as it was not price-competitive with LCDs. Toshiba sold its share in SED Inc. to Canon after Nano-Proprietary, which owns several patents related to SED technology, claimed SED Inc. was not a subsidiary of Canon.[28] Before World War II, Toshiba was a member of the Mitsui Group zaibatsu (family-controlled vertical monopoly). Today Toshiba is a member of the Mitsui keiretsu (a set of companies with interlocking business relationships and shareholdings), and still has preferential arrangements with Mitsui Bank and the other members of the keiretsu. Membership in a keiretsu has traditionally meant loyalty, both corporate and private, to other members of the keiretsu or allied keiretsu. This loyalty can extend as far as the beer the employees consume, which in Toshiba's case is Asahi.

In July 2005, BNFL confirmed it planned to sell Westinghouse Electric Company, then estimated to be worth $1.8 billion (£1 billion).[29] The bid attracted interest from several companies including Toshiba, General Electric and Mitsubishi Heavy Industries and when the Financial Times reported on 23 January 2006 that Toshiba had won the bid, it valued the company's offer at $5 billion (£2.8 billion). The sale of Westinghouse by the Government of the United Kingdom surprised many industry experts, who questioned the wisdom of selling one of the world's largest producers of nuclear reactors shortly before the market for nuclear power was expected to grow substantially; China, the United States and the United Kingdom were all expected to invest heavily in nuclear power.[30] The acquisition of Westinghouse for $5.4 billion was completed on 17 October 2006, with Toshiba obtaining a 77 percent share, and partners The Shaw Group a 20 percent share and Ishikawajima-Harima Heavy Industries Co. Ltd. a 3 percent share.

In late 2007, Toshiba took over from Discover Card as the sponsor of the top-most screen of One Times Square in New York City.[31] It displays the iconic 60-second New Year's countdown on its screen, as well as messages, greetings, and advertisements for the company. The sponsor of the New Year's countdown was taken over by Capital One on 31 December 2018.

In January 2009, Toshiba acquired the HDD business of Fujitsu.[32][33]

2010 to 2014

Toshiba announced on 16 May 2011, that it had agreed to acquire all of the shares of the Swiss-based advanced-power-meter maker Landis+Gyr for $2.3 billion.[34] In 2010 the company released a series of television models including the WL768, YL863, VL963 designed in collaboration with Danish designer Timothy Jacob Jensen.[35] In April 2012, Toshiba agreed to acquire IBM's point-of-sale business for $850 million, making it the world's largest vendor of point-of-sale systems.[36][37]

In July 2012, Toshiba was accused of fixing the prices of LCD panels in the United States at a high level. While such claims were denied by Toshiba,[38] they agreed to settle alongside several other manufacturers for a total of $571 million.[39]

In December 2013, Toshiba completed its acquisition of Vijai Electricals Limited plant at Hyderabad and set up its own base for manufacturing of transmission and distribution products (transformers and switchgears) under the Social Infrastructure Group in India as Toshiba Transmission & Distribution Systems (India) Private Limited. In January 2014, Toshiba completed its acquisition of OCZ Storage Solutions.[40] OCZ Technology stock was halted on 27 November 2013. OCZ then stated they expected to file a petition for bankruptcy and that Toshiba Corporation had expressed interest in purchasing its assets in a bankruptcy proceeding.[41][42] On 2 December 2013, OCZ announced Toshiba had agreed to purchase nearly all of OCZ's assets for $35 million.[43] The deal was completed on 21 January 2014 when the assets of OCZ Technology Group became a new independently operated subsidiary of Toshiba named OCZ Storage Solutions.[44] OCZ Technology Group then changed its name to ZCO Liquidating Corporation;[45] on 18 August 2014, ZCO Liquidating Corporation and its subsidiaries were liquidated.[46] OCZ Storage Solutions was dissolved on 1 April 2016 and absorbed into Toshiba America Electronic Components, Inc.,[47][48] with OCZ becoming a brand of Toshiba.

In March 2014, Toshiba sued SK Hynix, accusing the company of stealing technology of its NAND flash memory.[49] In the late same year, the two companies settled with a deal in which SK Hynix pays US$278 million to Toshiba.[50] Toshiba had sued Hynix in the early 2000s for patent infringement.[51]

In October 2014, Toshiba and United Technologies agreed a deal to expand their joint venture outside Japan.[52]

2015 accounting scandal

Toshiba first announced in May 2015 that it was investigating an accounting scandal and it might have to revise its profits for the previous three years.[53][54] On 21 July 2015, CEO Hisao Tanaka announced his resignation amid an accounting scandal that he called "the most damaging event for our brand in the company's 140-year history". Profits had been inflated by $1.2 billion over the previous seven years.[55] Eight other senior officials also resigned, including the two previous CEOs.[56] Chairman Masashi Muromachi was appointed acting CEO.[57] Following the scandal, Toshiba Corp. was removed from a stock index showcasing Japan's best companies. That was the second reshuffle of the index, which picks companies with the best operating income, return on equity and market value.[58]

Toshiba announced in early 2015 that they would stop making televisions in its own factories. From 2015 onward, Toshiba televisions will be made by Compal for the U.S., or by Vestel and other manufacturers for the European market.

In September 2015, Toshiba shares fell to their lowest point in two and a half years. The firm said in a statement that its net losses for the quarterly period were 12.3 billion yen ($102m; £66m). The company noted poor performances in its televisions, home appliances and personal computer businesses.[59]

In October 2015, Toshiba sold the image sensor business to Sony.[60]

In December 2015, Muromachi said the episode had wiped about $8 billion off Toshiba's market value. He forecast a record 550 billion yen (about US$4.6 billion) annual loss and warned the company would have to overhaul its TV and computer businesses. Toshiba would not be raising funds for two years, he said. The next week, a company spokesperson announced Toshiba would seek 300 billion yen ($2.5 billion) in 2016, taking the company's indebtedness to more than 1 trillion yen (about $8.3 billion).[61]

In January 2016, Toshiba's security division unveiled a new bundle of services for schools that use its surveillance equipment. The program, which is intended for both K-12 and higher education, includes education discounts, alerts, and post-warranty support, among other features, on its IP-based security gear.[62]

In March 2016, Toshiba was preparing to start construction on a cutting-edge new semiconductor plant in Japan that would mass-produce chips based on the ultra-dense flash variant. Toshiba expected to spend approximately 360 billion yen, or $3.2 billion, on the project through May 2019.[63]

In April 2016, Toshiba recalled 100,000 faulty laptop lithium-ion batteries, which were made by Panasonic, that can overheat, posing burn and fire hazards to consumers, according to the U.S. Consumer Product Safety Commission. Toshiba first announced the recall in January and said it was recalling the batteries in certain Toshiba Notebook computers sold since June 2011.[64]

In May 2016, it was announced that Satoshi Tsunakawa, the former head of Toshiba's medical equipment division, was named CEO. This appointment came after the accounting scandal that occurred.[65][66]

In September 2016, Toshiba announced the first wireless power receiver IC using the Qi 1.2.2 specification, developed in association with the Wireless Power Consortium.[67]

In December 2016, Toshiba Medical Systems Corporation was acquired by Canon.[68]

A Chinese electrical appliance corporation Midea Group bought a controlling 80.1% stake in the Toshiba Home Appliances Group.[69][70]

2017 US nuclear construction liabilities

In late December 2016, the management of Toshiba requested an "urgent press briefing" to announce that the newly-found losses in the Westinghouse subsidiary from Vogtle Electric Generating Plant nuclear plant construction would lead to a write-down of several billion dollars, bankrupting Westinghouse and threatening to bankrupt Toshiba. The exact amount of the liabilities was unavailable.[71][72]

In January 2017, a person with direct knowledge of the matter reported that the company plans on making its memory chip division a separate business, to save Toshiba from bankruptcy.[73][74][75][76][77][78][79]

In February 2017, Toshiba revealed unaudited details of a 390 billion yen ($3.4 billion) corporate wide loss, mainly arising from its majority owned US based Westinghouse nuclear construction subsidiary which was written down by 712 billion yen ($6.3 billion). On 14 February 2017, Toshiba delayed filing financial results, and chairman Shigenori Shiga, formerly chairman of Westinghouse, resigned.[80][81][82]

Construction delays, regulatory changes and cost overruns at Westinghouse-built nuclear facilities Vogtle units 3 and 4 in Waynesboro, Georgia and VC Summer units 2 and 3 in South Carolina, were cited as the main causes of the dramatic fall in Toshiba's financial performance and collapse in the share price. Fixed priced construction contracts negotiated by Westinghouse with Georgia Power left Toshiba with uncharted liabilities that resulted in the sale of key Toshiba operating subsidiaries to secure the company's future.[83]

Westinghouse filed for Chapter 11 bankruptcy protection on 29 March 2017.[84][85] Toshiba was estimated to have 9 billion dollar annual net loss.[86]

On 11 April 2017, Toshiba filed unaudited quarterly results. Auditors PricewaterhouseCoopers had not signed of the accounts because of uncertainties at Westinghouse. Toshiba stated that "substantial doubt about the company's ability to continue as a going concern exists".[10][87] On 25 April 2017, Toshiba announced its decision to replace its auditor after less than a year. Earlier in April, the company filed twice-delayed business results without an endorsement from auditor PricewaterhouseCoopers (PwC).[86][88]

On 20 September 2017, Toshiba's board approved a deal to sell its memory chip business to a group led by Bain Capital for US$18 billion, with financial backing by companies such as Apple, Dell Technologies, Hoya Corporation, Kingston Technology, Seagate Technology, and SK Hynix.[89][90] The newly independent company was named Toshiba Memory Corporation, and then renamed Kioxia.

On 15 November 2017, Hisense reached a deal to acquire 95% of Toshiba Visual Solutions (televisions) for US$113.6 million.[91]

Later that month, the company announced that it would pull out of its long-standing sponsorships of the Japanese television programs Sazae-san, Nichiyō Gekijo, and the video screens topping out One Times Square in New York City. The company cited that the value of these placements were reduced by its exit from consumer-oriented lines of business.[92]

On 6 April 2018, Toshiba announced the completion of the sale of Westinghouse's holding company to Brookfield Business Partners and some partners for $4.6 billion.[93]

Present and future

  •  

    Toshiba factory in Taishi, Japan

  •  

    Elevator Research Tower of Toshiba Fuchu Complex. The largest factory complex in the Toshiba organization

  •  

    Toshiba Rinkan Hospital, Kanagawa, Japan

In June 2018, Toshiba sold 80.1% of its Client Solutions (personal computers) business unit to Sharp for $36m, with an option allowing Sharp to buy the remaining 19.9% share.[94] Sharp renamed the business to Dynabook, a brand name Toshiba had used in Japan, and started releasing products under that name. On June 30, 2020, Sharp exercised its option to acquire the remaining 19.9% percent of Dynabook shares from Toshiba.[95]

In May 2019, Toshiba announced that it would put non-Japanese investors on its board for the first time in nearly 80 years.[96] In November, the company transferred its logistics service business to SBS Group.[97]

In January 2020, Toshiba unveiled its plan to launch quantum cryptography services by September the same year.[5] It also announced a number of other technologies waiting for commercialization, including an affordable solid-state Lidar based on silicon photomultiplier, high-capacity hydrogen fuel cells,[98][99] and a proprietary computer algorithm named Simulated Bifurcation Algorithm that mimics quantum computing, of which it plans to sell access to other parties such as financial institutions, social networking services, etc. The company claims the algorithm running on a desktop PC at room temperature environment is capable of surpassing the performance of similar algorithms running on existing supercomputers, even that of laser-based quantum computer when a specialized setting is given.[100] It has been added to quantum computing services offered by major cloud platforms including Microsoft Azure.[101]

In October 2020, Toshiba made a decision to pull out of the system LSI business citing mounted losses while reportedly mulling on the sale of its semiconductor fabs as well.[102][103] In April 2021, CVC Capital Partners made a takeover offer.[104]

On November 12, 2021, Toshiba announced that it would split into three separate companies. Two of the companies will respectively focus on infrastructure and electronic devices; the third, which will retain the Toshiba name, would manage the 40.6% stake in Kioxia and all other remaining assets. The company expects to complete the plan by March 2024.[13] Toshiba announced in February 2022 that it plans to split into two companies instead after the original proposal proved unpopular with shareholders.[105]

Operations

See also: List of Toshiba subsidiaries

As of 2012, Toshiba had 39 R&D facilities worldwide, which employed around 4,180 people,[106] and was organized into four main business groupings: the Digital Products Group, the Electronic Devices Group, the Home Appliances Group and the Social Infrastructure Group.[106] In the year ended 31 March 2012, Toshiba had total revenues of ¥6,100.3 billion, of which 25.2 percent was generated by the Digital Products Group, 24.5 percent by the Electronic Devices Group, 8.7 percent by the Home Appliances Group, 36.6 percent by the Social Infrastructure Group and 5 percent by other activities. In the same year, 45 percent of Toshiba's sales were generated in Japan and 55 percent in the rest of the world.[106]

Toshiba invested a total of ¥319.9 billion in R&D in the year ended 31 March 2012, equivalent to 5.2 percent of sales.[106] Toshiba registered a total of 2,483 patents in the United States in 2011, the fifth-largest number of any company (after IBM, Samsung Electronics, Canon and Panasonic).[106]

Toshiba had around 141,256 employees as of 31 March 2018.[107]

Products, services, and standards

Toshiba has had a range of products and services, including air conditioners,[108] consumer electronics (including televisions and DVD and Blu-ray players),[109] control systems (including air-traffic control systems, railway systems, security systems and traffic control systems),[110] electronic point of sale equipment,[111] elevators and escalators,[112] home appliances (including refrigerators and washing machines),[108] IT services,[113] lighting,[108][114] materials and electronic components,[115] medical equipment (including CT and MRI scanners, ultrasound equipment and X-ray equipment),[116] office equipment,[111][117] business telecommunication equipment[118] personal computers,[109] semiconductors,[119] power systems (including electricity turbines, fuel cells and nuclear reactors)[120] power transmission and distribution systems,[110] and TFT displays.[121]

HD DVD

Main article: HD DVD
 
HD DVD logo

Toshiba had played a critical role in the development and proliferation of DVD.[122] On 19 February 2008, Toshiba announced that it would be discontinuing its HD DVD storage format, the successor of DVD, following defeat in a format war against Blu-ray.[123] The HD DVD format had failed after most of the major US film studios backed the Blu-ray format, which was developed by Sony, Panasonic, Philips and Pioneer Corporation. Conceding the abandonment of HD DVD, Toshiba's president, Atsutoshi Nishida said "We concluded that a swift decision would be best [and] if we had continued, that would have created problems for consumers, and we simply had no chance to win".[124]

Toshiba continued to supply retailers with machines until the end of March 2008, and continued to provide technical support to the estimated one million people worldwide who owned HD DVD players and recorders. Toshiba announced a new line of stand-alone Blu-ray players as well as drives for PCs and laptops, and subsequently joined the BDA, the industry body which oversees the development of the Blu-ray format.[125]

REGZA

 
REGZA wordmark

REGZA (Real Expression Guaranteed by Amazing Architecture) is a unified television brand owned and manufactured by Toshiba. In 2010 REGZA name disappeared from the North American market, and from March 2015[126] new TVs carrying the Toshiba name are designed and produced by Compal Electronics, a Taiwanese company, to which Toshiba has licensed its name. REGZA is also used in Android-based smartphones that were developed by Fujitsu Toshiba Mobile Communications.

3D television

In October 2010, Toshiba unveiled the Toshiba Regza GL1 21" LED-backlit LCD TV glasses-free 3D prototype at CEATEC 2010. This system supports 3D capability without glasses (utilizing an integral imaging system of 9 parallax images with a vertical lenticular sheet). The retail product was released in December 2010.[127]

4K Ultra HD televisions

4K Ultra HD (3840×2160p) televisions provides four times the resolution of 1080p Full HD televisions. Toshiba's 4K HD LED televisions are powered by a CEVO 4K Quad + dual-core processor.[128]

Laptops

Main article: Dynabook Inc.

In 1985, Toshiba released the T1100, the world's first commercially accepted laptop PC.[12]

In October 2014, Toshiba released the Chromebook 2, a new version with a thinner profile and a much-improved display. The Chromebook runs exclusively on ChromeOS and gives users free Google Drive storage and access to a collection of apps and extensions at the Chrome Web Store.[129] Toshiba initialized process of divestment of the personal computer and laptop business, Toshiba Client Solutions, in 2018 with sale of 80.1% of shares to Sharp Corporation. Eventually Toshiba fully exited from the personal computing market in June 2020, transferring the remaining 19.9% shares in Toshiba Client Solutions (since being renamed to Dynabook Inc.) to Sharp.[95][130] Divested personal computing business of Toshiba has adopted Dynabook name after one of its product lines and a concept of a computer for children.

Flash memory

In the 1980s, a Toshiba team led by Fujio Masuoka invented flash memory, both NOR and NAND types. In March 2015, Toshiba announced the development of the first 48-layer, three-dimensional flash memory. The new flash memory is based on a vertical stacking technology that Toshiba calls BiCS (Bit Cost Scaling), stores two bits of data per transistor, and can store 128Gbits (16GB) per chip. This allowed flash memory to keep scaling up the capacity as Moore's Law was considered to be obsolete.[131] Toshiba's memory division was spun off as Toshiba Memory Corporation, now Kioxia.

Environmental record

Toshiba has been judged as making "low" efforts to lessen its impact on the environment. In November 2012, they came second from the bottom in Greenpeace's 18th edition of the Guide to Greener Electronics that ranks electronics companies according to their policies on products, energy, and sustainable operations.[132] Toshiba received 2.3 of a possible 10 points, with the top company (WIPRO) receiving 7.1 points. "Zero" scores were received in the categories "Clean energy policy advocacy", "Use of recycled plastics in products" and "Policy and practice on sustainable sourcing of fibres for paper".

In 2010, Toshiba reported that all of its new LCD TVs comply with the Energy Star standards and 34 models exceed the requirements by 30% or more.[133]

Toshiba also partnered with China's Tsinghua University in 2008 in order to form a research facility to focus on energy conservation and the environment.[134] The new Toshiba Energy and Environment Research Center is located in Beijing where forty students from the university will work to research electric power equipment and new technologies that will help stop the global warming process.[134] Through this partnership, Toshiba hopes to develop products that will better protect the environment and save China.[134] This contract between Tsinghua University and Toshiba originally began in October 2007 when they signed an agreement on joint energy and environment research.[134] The projects that they conduct work to reduce car pollution and to create power systems that don't negatively affect the environment.[134]

On 28 December 1970 Toshiba began the construction of unit 3 of the Fukushima Daiichi Nuclear Power Plant[135] which was damaged in the Fukushima I nuclear accidents on 14 March 2011. In April 2011, CEO Norio Sasaki declared nuclear energy would "remain as a strong option" even after the Fukushima I nuclear accidents.[136]

In late 2013, Toshiba (Japan) entered the solar power business in Germany, installing PV systems on apartment buildings.[137]

See also

References

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March 08, 2023
toshiba, corporation, 株式会社東芝, kabushikigaisha, tōshiba, english, commonly, known, stylized, toshiba, japanese, multinational, conglomerate, corporation, headquartered, minato, tokyo, japan, diversified, products, services, include, power, industrial, social, i. Toshiba Corporation 株式会社東芝 Kabushikigaisha Tōshiba English t e ˈ ʃ iː b e t ɒ t oʊ 3 commonly known as Toshiba and stylized as TOSHIBA is a Japanese multinational conglomerate corporation headquartered in Minato Tokyo Japan Its diversified products and services include power industrial and social infrastructure systems elevators and escalators electronic components semiconductors hard disk drives HDD printers batteries lighting as well as IT solutions such as quantum cryptography which has been in development at Cambridge Research Laboratory Toshiba Europe located in the United Kingdom now being commercialised 4 5 6 It was one of the biggest manufacturers of personal computers consumer electronics home appliances and medical equipment As a semiconductor company and the inventor of flash memory Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as Toshiba Memory later Kioxia in the late 2010s 7 8 9 Toshiba CorporationGlobal headquarters in Minato Tokyo JapanNative name株式会社東芝Romanized nameKabushikigaisha TōshibaFormerlyTokyo Shibaura Electric Co Ltd English name 1939 1979 Japanese name 1939 1984 TypePublicTraded asTYO 6502 NAG 6502 TOPIX Large70 component TYO IndustryConglomeratePredecessorsShibaura Seisaku shoTokyo DenkiFounded11 July 1875 147 years ago 1875 07 11 bFoundersTanaka Hisashige for the Tanaka Seisakusho branch Takayasu Mitsui for the Shibuara Seisakusho branch Shōichi Miyoshi and Fujioka Ichisuke for the Hakunetsusha Tokyo Denki branch HeadquartersMinato Tokyo JapanArea servedWorldwideKey peopleTaro Shimada CEO Satoshi Tsunakawa chairman ProductsElectrical equipmentSoftwareInfrastructureRevenue 3 336 97 billion FY2021 a 1 Operating income 158 94 billion FY2021 1 Net income 194 65 billion FY2021 1 Total assets 3 734 52 billion FY2021 1 Total equity 1 366 66 billion FY2021 1 Number of employees116 224 2022 2 SubsidiariesList of Toshiba subsidiariesWebsiteglobal toshibaFootnotes referencesa Fiscal Year 2021 FY2021 in this article is from 1 April 2021 to 31 March 2022 b Foundation date for one of the predecessor companies The current company was established in 1904 as the direct successor of said company and its legal successor was founded in 1939 The Toshiba name is derived from its former name Tokyo Shibaura Denki K K Tokyo Shibaura Electric Co Ltd which in turn was a 1939 merger between Shibaura Seisaku sho founded in 1875 and Tokyo Denki founded in 1890 The company name was officially changed to Toshiba Corporation in 1978 It is listed on the Tokyo Stock Exchange where it was a constituent of the Nikkei 225 and TOPIX 100 indices leaving both in August 2018 but returned to the latter in 2021 and the Nagoya Stock Exchange A technology company with a long history and sprawling businesses Toshiba is a household name in Japan and has long been viewed as a symbol of the country s technological prowess Its reputation has since been affected following an accounting scandal in 2015 and the bankruptcy of subsidiary energy company Westinghouse in 2017 after which it was forced to shed a number of underperforming businesses essentially eliminating the company s century long presence in consumer markets 10 11 12 Toshiba announced on 12 November 2021 that it would split into three separate companies respectively focusing on infrastructure electronic devices and all other remaining assets the latter would retain the Toshiba name It expected to complete the plan by March 2024 13 But the plan was challenged by stockholders and at an extraordinary general meeting on 24 March 2022 they rejected the plan They also rejected an alternative plan put forward by a large institutional investor that would have had the company search for buyers among private equity firms 14 Contents 1 History 1 1 Tanaka Seisakusho 1 2 Shibaura Seisakusho 1 3 Hakunetsusha Tokyo Denki 1 4 1939 to 2000 1 5 2000 to 2010 1 6 2010 to 2014 1 7 2015 accounting scandal 1 8 2017 US nuclear construction liabilities 1 9 Present and future 2 Operations 3 Products services and standards 3 1 HD DVD 3 2 REGZA 3 2 1 3D television 3 2 2 4K Ultra HD televisions 3 3 Laptops 3 4 Flash memory 4 Environmental record 5 See also 6 References 7 External linksHistory EditTanaka Seisakusho Edit Tanaka Seisakusho 田中製作所 Tanaka Engineering Works was the first company established by Tanaka Hisashige 1799 1881 one of the most original and productive inventor engineers during the Tokugawa Edo period Established on July 11 1875 15 16 it was the first Japanese company to manufacture telegraph equipment It also manufactured switches and miscellaneous electrical and communications equipment The company was inherited by Tanaka s adopted son and later became half of the present Toshiba company Several people who worked at Tanaka Seisakusho or who received Tanaka s guidance at a Kubusho Ministry of Industries factory later became pioneers themselves These included Miyoshi Shōichi who helped Fujioka make the first power generator in Japan and to establish a company Hakunetsusha to make bulbs Oki Kibatarō the founder of the present Oki Denki Oki Electric Industry and Ishiguro Keizaburō a co founder of the present Anritsu 17 After the demise of the founder in 1881 Tanaka Seisakusho became partly owned by General Electric and expanded into the production of torpedoes and mines at the request of the Imperial Japanese Navy to become one of the largest manufacturing companies of the time However as the Navy started to use competitive bids and then build its own works the demand decreased substantially and the company started to lose money The main creditor to the company Mitsui Bank took over the insolvent company in 1893 and renamed it Shibaura Seisakusho Shibaura Engineering Works 17 Shibaura Seisakusho Edit Shibaura Seisakusho 芝浦製作所 Shibaura Engineering Works was the new name given to Tanaka Seisakusho after it was declared insolvent in 1893 and taken over by Mitsui Bank In 1910 it formed a tie up with General Electric GE which in exchange for technology acquired about a quarter of the shares of Shibaura The relation with GE continued until the beginning of World War II and resumed in 1953 with GE s 24 percent shareholding in the successor company Tokyo Shibaura Denki This percentage decreased substantially since then 17 Hakunetsusha Tokyo Denki Edit Hakunetsusha 白熱舎 was a company established by Shōichi Miyoshi and Fujioka Ichisuke two of Japan s industrial pioneers during the Tokugawa Edo period It specialized in the manufacture of light bulbs The company was established in 1890 and started out by selling bulbs using bamboo filaments However following the opening up of trade with the West through the Unequal treaty Hakunetsusha met with fierce competition from imports Its bulb cost about 60 percent more than the imports and the quality was poorer The company managed to survive with the booms after the First Sino Japanese War of 1894 95 and the Russo Japanese War of 1904 05 but afterward its financial position was precarious In 1905 the company was renamed Tokyo Denki Tokyo Electric and entered into a financial and technological collaboration with General Electric of the US General Electric acquired 51 percent share of ownership sent a vice president and provided the technology for bulb making Production equipment was bought from GE and Tokyo Denki soon started selling its products with GE s trademark 1939 to 2000 Edit AM only Toshiba vacuum tube radio 1955 Toshiba was founded in 1939 by the merger of Shibaura Seisakusho 18 and Tokyo Denki The merger of Shibaura and Tokyo Denki created a new company called Tokyo Shibaura Denki Tokyo Shibaura Electric 東京 芝浦 電気 It was soon nicknamed Toshiba but it was not until 1978 that the company was officially renamed Toshiba Corporation The Toshiba pavilion at Expo 85 The group expanded rapidly driven by a combination of organic growth and by acquisitions buying heavy engineering and primary industry firms in the 1940s and 1950s Groups created include Toshiba Music Industries Toshiba EMI 1960 Toshiba International Corporation the 1970s Toshiba Electrical Equipment 1974 Toshiba Chemical 1974 Toshiba Lighting and Technology 1989 Toshiba America Information Systems 1989 and Toshiba Carrier Corporation 1999 Toshiba is responsible for a number of Japanese firsts including radar 1912 citation needed the TAC digital computer 1954 transistor television color CRTs 19 and microwave oven 1959 color video phone 1971 Japanese word processor 1978 MRI system 1982 laptop personal computer 1986 NAND EEPROM 1991 DVD 1995 the Libretto sub notebook personal computer 1996 and HD DVD 2005 In 1977 Toshiba acquired the Brazilian company Semp Sociedade Eletromercantil Paulista subsequently forming Semp Toshiba through the combination of the two companies South American operations In 1950 Tokyo Shibaura Denki was renamed Toshiba This logo known as the Umbrella Mark was used from 1950 to 1969 and then as a primary logo between 1969 and 1984 It was also used later on for hard drives 20 Toshiba s secondary logo used from 1969 to 1984 used in tandem with the umbrella logo above 21 Toshiba logo used since 1984 21 In 1987 Tocibai Machine a subsidiary of Toshiba was accused of illegally selling CNC milling machines used to produce very quiet submarine propellers to the Soviet Union in violation of the CoCom agreement an international embargo on certain countries to COMECON countries The Toshiba Kongsberg scandal involved a subsidiary of Toshiba and the Norwegian company Kongsberg Vaapenfabrikk The incident strained relations between the United States and Japan and resulted in the arrest and prosecution of two senior executives as well as the imposition of sanctions on the company by both countries 22 Senator John Heinz of Pennsylvania said What Toshiba and Kongsberg did was ransom the security of the United States for 517 million World first Japanese word processor Toshiba JW 10 1979 2000 to 2010 Edit In 2001 Toshiba signed a contract with Orion Electric one of the world s largest OEM consumer video electronic makers and suppliers to manufacture and supply finished consumer TV and video products for Toshiba to meet the increasing demand for the North American market The contract ended in 2008 ending seven years of OEM production with Orion In December 2004 Toshiba quietly announced it would discontinue manufacturing traditional in house cathode ray tube CRT televisions In 2005 Matsushita Toshiba Picture Display Co Ltd a joint venture between Panasonic and Toshiba created in 2002 23 stopped production of CRTs at its factory in Horseheads New York A year later in 2006 it stopped production at its Malaysian factory following heavy losses 24 25 26 In 2006 Toshiba terminated sales of CRT TVs in Japan 27 and production of in house plasma TVs To ensure its future competitiveness in the flat panel digital television and display market Toshiba has made a considerable investment in a new kind of display technology called SED This technology however was never sold to the public as it was not price competitive with LCDs Toshiba sold its share in SED Inc to Canon after Nano Proprietary which owns several patents related to SED technology claimed SED Inc was not a subsidiary of Canon 28 Before World War II Toshiba was a member of the Mitsui Group zaibatsu family controlled vertical monopoly Today Toshiba is a member of the Mitsui keiretsu a set of companies with interlocking business relationships and shareholdings and still has preferential arrangements with Mitsui Bank and the other members of the keiretsu Membership in a keiretsu has traditionally meant loyalty both corporate and private to other members of the keiretsu or allied keiretsu This loyalty can extend as far as the beer the employees consume which in Toshiba s case is Asahi In July 2005 BNFL confirmed it planned to sell Westinghouse Electric Company then estimated to be worth 1 8 billion 1 billion 29 The bid attracted interest from several companies including Toshiba General Electric and Mitsubishi Heavy Industries and when the Financial Times reported on 23 January 2006 that Toshiba had won the bid it valued the company s offer at 5 billion 2 8 billion The sale of Westinghouse by the Government of the United Kingdom surprised many industry experts who questioned the wisdom of selling one of the world s largest producers of nuclear reactors shortly before the market for nuclear power was expected to grow substantially China the United States and the United Kingdom were all expected to invest heavily in nuclear power 30 The acquisition of Westinghouse for 5 4 billion was completed on 17 October 2006 with Toshiba obtaining a 77 percent share and partners The Shaw Group a 20 percent share and Ishikawajima Harima Heavy Industries Co Ltd a 3 percent share In late 2007 Toshiba took over from Discover Card as the sponsor of the top most screen of One Times Square in New York City 31 It displays the iconic 60 second New Year s countdown on its screen as well as messages greetings and advertisements for the company The sponsor of the New Year s countdown was taken over by Capital One on 31 December 2018 In January 2009 Toshiba acquired the HDD business of Fujitsu 32 33 2010 to 2014 Edit Toshiba announced on 16 May 2011 that it had agreed to acquire all of the shares of the Swiss based advanced power meter maker Landis Gyr for 2 3 billion 34 In 2010 the company released a series of television models including the WL768 YL863 VL963 designed in collaboration with Danish designer Timothy Jacob Jensen 35 In April 2012 Toshiba agreed to acquire IBM s point of sale business for 850 million making it the world s largest vendor of point of sale systems 36 37 In July 2012 Toshiba was accused of fixing the prices of LCD panels in the United States at a high level While such claims were denied by Toshiba 38 they agreed to settle alongside several other manufacturers for a total of 571 million 39 In December 2013 Toshiba completed its acquisition of Vijai Electricals Limited plant at Hyderabad and set up its own base for manufacturing of transmission and distribution products transformers and switchgears under the Social Infrastructure Group in India as Toshiba Transmission amp Distribution Systems India Private Limited In January 2014 Toshiba completed its acquisition of OCZ Storage Solutions 40 OCZ Technology stock was halted on 27 November 2013 OCZ then stated they expected to file a petition for bankruptcy and that Toshiba Corporation had expressed interest in purchasing its assets in a bankruptcy proceeding 41 42 On 2 December 2013 OCZ announced Toshiba had agreed to purchase nearly all of OCZ s assets for 35 million 43 The deal was completed on 21 January 2014 when the assets of OCZ Technology Group became a new independently operated subsidiary of Toshiba named OCZ Storage Solutions 44 OCZ Technology Group then changed its name to ZCO Liquidating Corporation 45 on 18 August 2014 ZCO Liquidating Corporation and its subsidiaries were liquidated 46 OCZ Storage Solutions was dissolved on 1 April 2016 and absorbed into Toshiba America Electronic Components Inc 47 48 with OCZ becoming a brand of Toshiba In March 2014 Toshiba sued SK Hynix accusing the company of stealing technology of its NAND flash memory 49 In the late same year the two companies settled with a deal in which SK Hynix pays US 278 million to Toshiba 50 Toshiba had sued Hynix in the early 2000s for patent infringement 51 In October 2014 Toshiba and United Technologies agreed a deal to expand their joint venture outside Japan 52 2015 accounting scandal Edit Toshiba first announced in May 2015 that it was investigating an accounting scandal and it might have to revise its profits for the previous three years 53 54 On 21 July 2015 CEO Hisao Tanaka announced his resignation amid an accounting scandal that he called the most damaging event for our brand in the company s 140 year history Profits had been inflated by 1 2 billion over the previous seven years 55 Eight other senior officials also resigned including the two previous CEOs 56 Chairman Masashi Muromachi was appointed acting CEO 57 Following the scandal Toshiba Corp was removed from a stock index showcasing Japan s best companies That was the second reshuffle of the index which picks companies with the best operating income return on equity and market value 58 Toshiba announced in early 2015 that they would stop making televisions in its own factories From 2015 onward Toshiba televisions will be made by Compal for the U S or by Vestel and other manufacturers for the European market In September 2015 Toshiba shares fell to their lowest point in two and a half years The firm said in a statement that its net losses for the quarterly period were 12 3 billion yen 102m 66m The company noted poor performances in its televisions home appliances and personal computer businesses 59 In October 2015 Toshiba sold the image sensor business to Sony 60 In December 2015 Muromachi said the episode had wiped about 8 billion off Toshiba s market value He forecast a record 550 billion yen about US 4 6 billion annual loss and warned the company would have to overhaul its TV and computer businesses Toshiba would not be raising funds for two years he said The next week a company spokesperson announced Toshiba would seek 300 billion yen 2 5 billion in 2016 taking the company s indebtedness to more than 1 trillion yen about 8 3 billion 61 In January 2016 Toshiba s security division unveiled a new bundle of services for schools that use its surveillance equipment The program which is intended for both K 12 and higher education includes education discounts alerts and post warranty support among other features on its IP based security gear 62 In March 2016 Toshiba was preparing to start construction on a cutting edge new semiconductor plant in Japan that would mass produce chips based on the ultra dense flash variant Toshiba expected to spend approximately 360 billion yen or 3 2 billion on the project through May 2019 63 In April 2016 Toshiba recalled 100 000 faulty laptop lithium ion batteries which were made by Panasonic that can overheat posing burn and fire hazards to consumers according to the U S Consumer Product Safety Commission Toshiba first announced the recall in January and said it was recalling the batteries in certain Toshiba Notebook computers sold since June 2011 64 In May 2016 it was announced that Satoshi Tsunakawa the former head of Toshiba s medical equipment division was named CEO This appointment came after the accounting scandal that occurred 65 66 In September 2016 Toshiba announced the first wireless power receiver IC using the Qi 1 2 2 specification developed in association with the Wireless Power Consortium 67 In December 2016 Toshiba Medical Systems Corporation was acquired by Canon 68 A Chinese electrical appliance corporation Midea Group bought a controlling 80 1 stake in the Toshiba Home Appliances Group 69 70 2017 US nuclear construction liabilities Edit In late December 2016 the management of Toshiba requested an urgent press briefing to announce that the newly found losses in the Westinghouse subsidiary from Vogtle Electric Generating Plant nuclear plant construction would lead to a write down of several billion dollars bankrupting Westinghouse and threatening to bankrupt Toshiba The exact amount of the liabilities was unavailable 71 72 In January 2017 a person with direct knowledge of the matter reported that the company plans on making its memory chip division a separate business to save Toshiba from bankruptcy 73 74 75 76 77 78 79 In February 2017 Toshiba revealed unaudited details of a 390 billion yen 3 4 billion corporate wide loss mainly arising from its majority owned US based Westinghouse nuclear construction subsidiary which was written down by 712 billion yen 6 3 billion On 14 February 2017 Toshiba delayed filing financial results and chairman Shigenori Shiga formerly chairman of Westinghouse resigned 80 81 82 Construction delays regulatory changes and cost overruns at Westinghouse built nuclear facilities Vogtle units 3 and 4 in Waynesboro Georgia and VC Summer units 2 and 3 in South Carolina were cited as the main causes of the dramatic fall in Toshiba s financial performance and collapse in the share price Fixed priced construction contracts negotiated by Westinghouse with Georgia Power left Toshiba with uncharted liabilities that resulted in the sale of key Toshiba operating subsidiaries to secure the company s future 83 Westinghouse filed for Chapter 11 bankruptcy protection on 29 March 2017 84 85 Toshiba was estimated to have 9 billion dollar annual net loss 86 On 11 April 2017 Toshiba filed unaudited quarterly results Auditors PricewaterhouseCoopers had not signed of the accounts because of uncertainties at Westinghouse Toshiba stated that substantial doubt about the company s ability to continue as a going concern exists 10 87 On 25 April 2017 Toshiba announced its decision to replace its auditor after less than a year Earlier in April the company filed twice delayed business results without an endorsement from auditor PricewaterhouseCoopers PwC 86 88 On 20 September 2017 Toshiba s board approved a deal to sell its memory chip business to a group led by Bain Capital for US 18 billion with financial backing by companies such as Apple Dell Technologies Hoya Corporation Kingston Technology Seagate Technology and SK Hynix 89 90 The newly independent company was named Toshiba Memory Corporation and then renamed Kioxia On 15 November 2017 Hisense reached a deal to acquire 95 of Toshiba Visual Solutions televisions for US 113 6 million 91 Later that month the company announced that it would pull out of its long standing sponsorships of the Japanese television programs Sazae san Nichiyō Gekijo and the video screens topping out One Times Square in New York City The company cited that the value of these placements were reduced by its exit from consumer oriented lines of business 92 On 6 April 2018 Toshiba announced the completion of the sale of Westinghouse s holding company to Brookfield Business Partners and some partners for 4 6 billion 93 Present and future Edit Toshiba Science Museum in Kawasaki Japan Toshiba factory in Taishi Japan Elevator Research Tower of Toshiba Fuchu Complex The largest factory complex in the Toshiba organization Toshiba Rinkan Hospital Kanagawa JapanIn June 2018 Toshiba sold 80 1 of its Client Solutions personal computers business unit to Sharp for 36m with an option allowing Sharp to buy the remaining 19 9 share 94 Sharp renamed the business to Dynabook a brand name Toshiba had used in Japan and started releasing products under that name On June 30 2020 Sharp exercised its option to acquire the remaining 19 9 percent of Dynabook shares from Toshiba 95 In May 2019 Toshiba announced that it would put non Japanese investors on its board for the first time in nearly 80 years 96 In November the company transferred its logistics service business to SBS Group 97 In January 2020 Toshiba unveiled its plan to launch quantum cryptography services by September the same year 5 It also announced a number of other technologies waiting for commercialization including an affordable solid state Lidar based on silicon photomultiplier high capacity hydrogen fuel cells 98 99 and a proprietary computer algorithm named Simulated Bifurcation Algorithm that mimics quantum computing of which it plans to sell access to other parties such as financial institutions social networking services etc The company claims the algorithm running on a desktop PC at room temperature environment is capable of surpassing the performance of similar algorithms running on existing supercomputers even that of laser based quantum computer when a specialized setting is given 100 It has been added to quantum computing services offered by major cloud platforms including Microsoft Azure 101 In October 2020 Toshiba made a decision to pull out of the system LSI business citing mounted losses while reportedly mulling on the sale of its semiconductor fabs as well 102 103 In April 2021 CVC Capital Partners made a takeover offer 104 On November 12 2021 Toshiba announced that it would split into three separate companies Two of the companies will respectively focus on infrastructure and electronic devices the third which will retain the Toshiba name would manage the 40 6 stake in Kioxia and all other remaining assets The company expects to complete the plan by March 2024 13 Toshiba announced in February 2022 that it plans to split into two companies instead after the original proposal proved unpopular with shareholders 105 Operations EditSee also List of Toshiba subsidiaries The Toshiba research and development facility in Kawasaki Kanagawa Japan Toshiba Europe offices in Neuss Germany Toshiba Canada officesAs of 2012 Toshiba had 39 R amp D facilities worldwide which employed around 4 180 people 106 and was organized into four main business groupings the Digital Products Group the Electronic Devices Group the Home Appliances Group and the Social Infrastructure Group 106 In the year ended 31 March 2012 Toshiba had total revenues of 6 100 3 billion of which 25 2 percent was generated by the Digital Products Group 24 5 percent by the Electronic Devices Group 8 7 percent by the Home Appliances Group 36 6 percent by the Social Infrastructure Group and 5 percent by other activities In the same year 45 percent of Toshiba s sales were generated in Japan and 55 percent in the rest of the world 106 Toshiba invested a total of 319 9 billion in R amp D in the year ended 31 March 2012 equivalent to 5 2 percent of sales 106 Toshiba registered a total of 2 483 patents in the United States in 2011 the fifth largest number of any company after IBM Samsung Electronics Canon and Panasonic 106 Toshiba had around 141 256 employees as of 31 March 2018 107 Products services and standards EditToshiba has had a range of products and services including air conditioners 108 consumer electronics including televisions and DVD and Blu ray players 109 control systems including air traffic control systems railway systems security systems and traffic control systems 110 electronic point of sale equipment 111 elevators and escalators 112 home appliances including refrigerators and washing machines 108 IT services 113 lighting 108 114 materials and electronic components 115 medical equipment including CT and MRI scanners ultrasound equipment and X ray equipment 116 office equipment 111 117 business telecommunication equipment 118 personal computers 109 semiconductors 119 power systems including electricity turbines fuel cells and nuclear reactors 120 power transmission and distribution systems 110 and TFT displays 121 Toshiba television Toshiba Blu ray disc player Toshiba HD DVD player Toshiba Qosmio notebook Toshiba microSD card Toshiba USB flash drive Fujitsu Toshiba Regza smartphone Toshiba microwave oven Toshiba rice cooker Toshiba air conditioner Toshiba battery Toshiba SCiB rechargeable battery Toshiba T9769A integrated circuit Toshiba hard disk Toshiba Aquilion Prime CT scanner Toshiba Vantage Titan MRT 2004 MRI scanner Toshiba medical ultrasound scanner ToshibaVision screen in use during the ball drop in Times Square from 2008 to 2018 Toshiba elevator in Taipei 101 Toshiba escalators Toshiba locomotive Class HD300 Toshiba Type 93 surface to air missile Toshiba Tan SAM Type 81 SAM 6 x 6 launcher Model of the nuclear power plant from Toshiba with Advanced boiling water reactorHD DVD Edit Main article HD DVD HD DVD logo Toshiba had played a critical role in the development and proliferation of DVD 122 On 19 February 2008 Toshiba announced that it would be discontinuing its HD DVD storage format the successor of DVD following defeat in a format war against Blu ray 123 The HD DVD format had failed after most of the major US film studios backed the Blu ray format which was developed by Sony Panasonic Philips and Pioneer Corporation Conceding the abandonment of HD DVD Toshiba s president Atsutoshi Nishida said We concluded that a swift decision would be best and if we had continued that would have created problems for consumers and we simply had no chance to win 124 Toshiba continued to supply retailers with machines until the end of March 2008 and continued to provide technical support to the estimated one million people worldwide who owned HD DVD players and recorders Toshiba announced a new line of stand alone Blu ray players as well as drives for PCs and laptops and subsequently joined the BDA the industry body which oversees the development of the Blu ray format 125 REGZA Edit REGZA wordmark REGZA Real Expression Guaranteed by Amazing Architecture is a unified television brand owned and manufactured by Toshiba In 2010 REGZA name disappeared from the North American market and from March 2015 126 new TVs carrying the Toshiba name are designed and produced by Compal Electronics a Taiwanese company to which Toshiba has licensed its name REGZA is also used in Android based smartphones that were developed by Fujitsu Toshiba Mobile Communications 3D television Edit In October 2010 Toshiba unveiled the Toshiba Regza GL1 21 LED backlit LCD TV glasses free 3D prototype at CEATEC 2010 This system supports 3D capability without glasses utilizing an integral imaging system of 9 parallax images with a vertical lenticular sheet The retail product was released in December 2010 127 4K Ultra HD televisions Edit 4K Ultra HD 3840 2160p televisions provides four times the resolution of 1080p Full HD televisions Toshiba s 4K HD LED televisions are powered by a CEVO 4K Quad dual core processor 128 Laptops Edit Main article Dynabook Inc In 1985 Toshiba released the T1100 the world s first commercially accepted laptop PC 12 In October 2014 Toshiba released the Chromebook 2 a new version with a thinner profile and a much improved display The Chromebook runs exclusively on ChromeOS and gives users free Google Drive storage and access to a collection of apps and extensions at the Chrome Web Store 129 Toshiba initialized process of divestment of the personal computer and laptop business Toshiba Client Solutions in 2018 with sale of 80 1 of shares to Sharp Corporation Eventually Toshiba fully exited from the personal computing market in June 2020 transferring the remaining 19 9 shares in Toshiba Client Solutions since being renamed to Dynabook Inc to Sharp 95 130 Divested personal computing business of Toshiba has adopted Dynabook name after one of its product lines and a concept of a computer for children Flash memory Edit In the 1980s a Toshiba team led by Fujio Masuoka invented flash memory both NOR and NAND types In March 2015 Toshiba announced the development of the first 48 layer three dimensional flash memory The new flash memory is based on a vertical stacking technology that Toshiba calls BiCS Bit Cost Scaling stores two bits of data per transistor and can store 128Gbits 16GB per chip This allowed flash memory to keep scaling up the capacity as Moore s Law was considered to be obsolete 131 Toshiba s memory division was spun off as Toshiba Memory Corporation now Kioxia Environmental record EditToshiba has been judged as making low efforts to lessen its impact on the environment In November 2012 they came second from the bottom in Greenpeace s 18th edition of the Guide to Greener Electronics that ranks electronics companies according to their policies on products energy and sustainable operations 132 Toshiba received 2 3 of a possible 10 points with the top company WIPRO receiving 7 1 points Zero scores were received in the categories Clean energy policy advocacy Use of recycled plastics in products and Policy and practice on sustainable sourcing of fibres for paper In 2010 Toshiba reported that all of its new LCD TVs comply with the Energy Star standards and 34 models exceed the requirements by 30 or more 133 Toshiba also partnered with China s Tsinghua University in 2008 in order to form a research facility to focus on energy conservation and the environment 134 The new Toshiba Energy and Environment Research Center is located in Beijing where forty students from the university will work to research electric power equipment and new technologies that will help stop the global warming process 134 Through this partnership Toshiba hopes to develop products that will better protect the environment and save China 134 This contract between Tsinghua University and Toshiba originally began in October 2007 when they signed an agreement on joint energy and environment research 134 The projects that they conduct work to reduce car pollution and to create power systems that don t negatively affect the environment 134 On 28 December 1970 Toshiba began the construction of unit 3 of the Fukushima Daiichi Nuclear Power Plant 135 which was damaged in the Fukushima I nuclear accidents on 14 March 2011 In April 2011 CEO Norio Sasaki declared nuclear energy would remain as a strong option even after the Fukushima I nuclear accidents 136 In late 2013 Toshiba Japan entered the solar power business in Germany installing PV systems on apartment buildings 137 See also EditList of Toshiba subsidiariesReferences Edit a b c d e Consolidated financial results for the fiscal year ended March 31 2022 under US GAAP PDF Toshiba Corporation Retrieved 28 May 2022 基本データ 会社概要 東芝 Jones Daniel 2003 1917 Peter Roach James Hartmann Jane Setter eds English Pronouncing Dictionary Cambridge Cambridge University Press ISBN 3 12 539683 2 TOSHIBA GROUP MANAGEMENT ORGANIZATION CHART PDF Toshiba Corp 1 April 2020 a b Toshiba to launch quantum cryptography services this year Nikkei Asian Review Retrieved 27 July 2020 Why Toshiba QKD Walton Justin The world s top 10 semiconductor companies Investopedia Retrieved 14 September 2019 Toshiba Science Museum World s First NAND Flash Memory toshiba mirai kagakukan jp Retrieved 16 July 2020 The History Of Our Memory Innovation story KIOXIA FutureMemories KIOXIA FutureMemories Retrieved 16 July 2020 a b Toshiba files unaudited results and says future is in doubt BBC News 11 April 2017 Retrieved 11 April 2017 Soble Jonathan 21 July 2015 Scandal Upends Toshiba s Lauded Reputation The New York Times ISSN 0362 4331 Retrieved 11 July 2020 a b Mochizuki Takashi 5 June 2018 Toshiba to Close the Book on Its Laptop Unit The Wall Street Journal ISSN 0099 9660 Retrieved 27 July 2020 a b Fujikawa Megumi Landers Peter 12 November 2021 Toshiba Like GE Plans to Split Into Three Units The Wall Street Journal Retrieved 12 November 2021 Lewis Leo Slodkowski Antoni 24 March 2022 Toshiba shareholders reject management s plan to split company Financial Times Archived from the original on 10 December 2022 Toshiba chief executive resigns over scandal BBC News 21 July 2015 Retrieved 14 June 2021 Toshiba Science Museum Tokyo Period toshiba mirai kagakukan jp Retrieved 14 June 2021 a b c Odagiri Hiroyuki 1996 Technology and Industrial Development in Japan Clarendon Press Oxford p 158 ISBN 0 19 828802 6 Corporate History Shibaura Mechatronics Corporation Shibaura co jp Retrieved on 26 July 2013 Toshiba Press Releases 21 December 1995 www toshiba co jp Toshiba History of Toshiba s Corporate Logo www toshiba co jp Retrieved 26 January 2017 a b Toshiba History of Toshiba s Corporate Logo www toshiba co jp Retrieved 25 February 2016 Seeman Roderick April 1987 Toshiba Case CoCom Foreign Exchange and Foreign Trade Control Revision The Japan Lawletter Archived from the original on 27 September 2007 Retrieved 18 September 2007 Administrator System 13 October 2002 Consolidating CRTs Williams Martyn 27 July 2006 Panasonic Toshiba venture to shut Malaysia CRT plant Network World Staff C I O 27 July 2006 Panasonic Toshiba Venture to Shutter Malaysia CRT Plant CIO Hitachi Matsushita Toshiba cement LCD venture plan ITworld www itworld com Toshiba to end CRT TV sales in Japan rebrand LCD range ARN Updated Patent dispute breaks up SED joint venture EE Times AspenCore Inc Retrieved 16 December 2022 BNFL plans to sell Westinghouse BBC News 1 July 2004 Retrieved 11 June 2007 BNFL to sell US power plant arm BBC News 23 January 2004 Retrieved 11 June 2007 Back in Times Square Toshiba Stands Tall The New York Times 3 December 2007 Retrieved 20 November 2011 Toshiba and Fujitsu reach HDD deal Nikkei Press release Reuters 14 January 2009 Retrieved 14 January 2009 Toshiba to Acquire Fujitsu s Hard disk Drive Business PC World 17 February 2009 Retrieved 24 December 2012 Toshiba to Buy Swiss Power Meter Maker The Wall Street Journal 20 May 2011 Retrieved 20 May 2011 Toshiba s Jacob Jensen Design TVs Flat Panel Toshiba in 850m deal to buy IBM s point of sale unit BBC News 18 April 2012 Retrieved 24 December 2012 Toshiba to buy IBM s point of sale terminal business Reuters 16 April 2012 Retrieved 24 December 2012 Toshiba 4 July 2012 Toshiba 12 July 2012 Martyn Williams martyn williams It s official Toshiba owns OCZ s SSD business PCWorld Retrieved 20 March 2014 Kristian Vatto 27 November 2013 OCZ Files for Bankruptcy Toshiba Offers to Buy the Assets Anand Tech Retrieved 27 November 2013 OCZ Filing for Bankruptcy Announces Offer From Toshiba to Purchase Assets Press release 27 November 2013 Archived from the original on 30 November 2013 Retrieved 3 December 2013 OCZ Reaches Agreement With Toshiba Corporation to Acquire Solid State Drive Business Press release San Jose California OCZ Technology 2 December 2013 Archived from the original on 4 December 2013 Retrieved 3 December 2013 Toshiba Corporation Completes Acquisition of OCZ Technology Group s Assets and Launches New Subsidiary OCZ Storage Solutions Financial Post 21 January 2014 Retrieved 22 January 2014 Form 8 K 21 January 2014 Retrieved 20 May 2017 Form 8 K 30 July 2014 Retrieved 20 May 2017 OCZ Storage Solutions A Toshiba Group Company Retrieved 26 April 2016 Valich Theo 6 April 2016 Toshiba Rebrands OCZ Storage Solutions VR World Retrieved 26 April 2016 Toshiba Sues SK Hynix Over Chip Secrets The Wall Street Journal 13 March 2014 Retrieved 19 March 2014 SK Hynix to pay Toshiba 278M in flash memory suit Nikkei Asian Review Retrieved 27 July 2020 Toshiba wins chip patent suit against Hynix www ft com 24 March 2006 Archived from the original on 10 December 2022 Retrieved 27 July 2020 Toshiba and United Technologies ink deal to expand outside Japan Press release Reuters 16 October 2014 Ando Ritsuko Gallagher Chris 8 May 2015 Toshiba cancels dividend pulls outlook in accounting scandal Reuters Retrieved 15 May 2015 Ando Ritsuko Sano Hideyuki Desai Umesh 14 May 2015 Toshiba eyes three year profit markdown in accounts probe impact seen limited shares up Reuters Retrieved 15 May 2015 Toshiba CEO quits over 1 2 billion accounting scandal CNN 22 July 2015 Archived from the original on 11 December 2021 Toshiba CEO resigns over faked profits CNN Money 21 July 2015 Archived from the original on 11 December 2021 Retrieved 22 July 2015 Ritsuko Ando 21 July 2015 Toshiba CEO quits over accounting scandal Reuters Retrieved 21 July 2015 Kitanaka Anna Sano Nao 7 August 2015 Japan Shame Index Dumps Toshiba After Scandal Adds Olympus Bloomberg Business Retrieved 10 August 2015 BBC News Toshiba troubles continue with new losses and falling sales 14 September 2015 22 September 2015 Toshiba sells sensor business to Sony overhauls chip unit CNBC 28 October 2015 Retrieved 16 July 2020 Alpeyev Pavel Amano Takashi 29 December 2015 Toshiba Seeks 2 5 Billion Credit Line to Pay for Reforms Bloomberg Retrieved 8 January 2016 Dian Schaffhauser The Journal Toshiba Launches Surveillance Education Program 19 January 2016 19 January 2016 Maria Deutscher Silicon Angle Toshiba to spend 3 2BN on cutting edge new 3D flash plant 17 March 2016 18 March 2016 Aaron Smith CNN Money Toshiba recalls 100 000 batteries that can melt your laptop 1 April 2016 1 April 2016 Toshiba nominates new CEO in bid to put accounting scandal behind it Business Insider Retrieved 6 May 2016 Mochizuki Takashi Fukase Atsuko 6 May 2016 Toshiba Announces New Chief Executive After Accounting Scandal The Wall Street Journal ISSN 0099 9660 Retrieved 6 May 2016 Toshiba Announces Industry s First Qi v1 2 Certified 15W Wireless Power Receiver IC Business Wire 16 September 2016 Retrieved 21 November 2016 Canon Inc to acquire Toshiba Medical Systems Corporation shares and make it a subsidiary Canon Global Retrieved 11 July 2020 Toshiba and Midea Complete the Transfer of Toshiba s Home Appliances Business 30 June 2016 Retrieved 11 January 2019 China s Midea Buys Majority of Toshiba s Home Appliance Business Bloomberg 17 March 2016 Retrieved 11 January 2019 Smith Rebecca Narioka Kosaku 29 December 2016 Toshiba Shares Plunge Further Over Problems at Nuclear Power Subsidiary The Wall Street Journal ISSN 0099 9660 Retrieved 30 December 2016 How two cutting edge U S nuclear projects bankrupted Westinghouse Reuters 2 May 2017 via mobile reuters com Toshiba board to approve plans to split off chip business on Friday source Reuters 24 January 2017 Retrieved 24 January 2017 Toshiba completes 18bn sale of flash memory unit Nikkei Asian Review Former Toshiba memory business to rebrand as Kioxia ZDNet www zdnet com Toshiba has no immediate plans to sell memory chip stake CEO Reuters 21 December 2018 via mobile reuters com Tallis Billy Toshiba Memory To Rebrand As Kioxia www anandtech com Toshiba net profit up 26 in fiscal 2018 after selling chip unit The Japan Times 13 May 2019 Toshiba completes 18B sale of memory business to consortium including Apple 2 June 2018 Yamazaki Makiko Uranaka Taiga 14 February 2017 Delays confusion as Toshiba reports 6 3 billion nuclear hit and slides to loss Reuters Retrieved 14 February 2017 Toshiba chairman quits over nuclear loss BBC News 14 February 2017 Retrieved 14 February 2017 Vaswani Karishma 14 February 2017 Toshiba Why troubled Japanese firms survive BBC News Retrieved 14 February 2017 Crooks Ed 17 February 2016 Toshiba brought to its knees by two US nuclear plants Financial Times Archived from the original on 10 December 2022 Retrieved 20 February 2017 Hals Tom Yamazaki Makiko Kelly Tim 30 March 2017 Huge nuclear cost overruns push Toshiba s Westinghouse into bankruptcy Reuters Retrieved 31 March 2017 Westinghouse announces strategic restructuring Press release Westinghouse Electric Company 29 March 2017 Retrieved 7 August 2022 a b Toshiba to drop its auditor Nikkei Reuters 25 April 2017 Retrieved 25 April 2017 Toshiba files earnings without auditor endorsement delisting risk rises NASDAQ Reuters 11 April 2017 Retrieved 11 April 2017 Toshiba Is Replacing Its Auditor PwC Over Irreconcilable Differences Fortune 26 April 2017 Retrieved 27 April 2017 Bain Led Group to Buy Toshiba Chip Unit in 18 Billion Deal Bloomberg com 20 September 2017 Retrieved 5 December 2017 Mochizuki Takashi Landers Peter Cimilluca Dana 20 September 2017 Toshiba Decides on Bain Apple Group in Chip Business Sale The Wall Street Journal New York City New York United States Retrieved 21 September 2017 Toshiba sells its electronics department to Hisense The Verge Retrieved 15 November 2017 Cash strapped Toshiba bids farewell to Times Square and Sazae san The Japan Times 22 November 2017 ISSN 0447 5763 Retrieved 5 December 2017 Toshiba sells Westinghouse related assets in USA World Nuclear News 6 April 2018 Retrieved 12 April 2018 Osborne Charlie Toshiba formally leaves the laptop business ZDNet Retrieved 14 June 2021 a b Toshiba formally and finally exits laptop business www theregister com Retrieved 8 August 2020 Narioka Kosaku 13 May 2019 Toshiba s Board Move Will Give Foreigners a Greater Voice The Wall Street Journal ISSN 0099 9660 Retrieved 16 July 2020 News Release PDF Toshiba s megawatt fuel cells have enough juice to power a factory Nikkei Asian Review Retrieved 27 July 2020 Toshiba s Light Sensor Paves the Way for Cheap Lidar IEEE Spectrum Technology Engineering and Science News 16 July 2020 Retrieved 27 July 2020 Armasu Lucian 18 January 2020 Toshiba Claims New Algorithm Runs Faster on Desktop PCs than Similar Algorithms on Supercomputers Tom s Hardware Retrieved 27 July 2020 Microsoft s Azure Quantum Platform Now Offers Toshiba s Simulated Bifurcation Machine HPCwire 22 September 2020 Retrieved 27 September 2020 Toshiba to quit system LSI business DIGITIMES Retrieved 23 November 2020 Toshiba says no decision yet for fab sale DIGITIMES Retrieved 23 November 2020 Toshiba confirms 20bn takeover bid from British fund BBC News 7 April 2021 Toshiba to sell stake in Carrier split into two entities EconoTimes Elmin Media LLC 8 February 2022 Retrieved 24 September 2022 a b c d e Annual Report 2012 Operational Review PDF Toshiba Retrieved 30 May 2012 Toshiba Basic Corporate Data Toshiba Retrieved 25 April 2019 a b c Toshiba Consumer Electronics Holdings Corporation Toshiba Corporation Retrieved 8 January 2012 a b Digital Products amp Services Company Toshiba Corporation Retrieved 8 January 2012 a b Social Infrastructure Systems Company Toshiba Corporation Retrieved 8 January 2012 a b Toshiba TEC Corporation Toshiba Corporation Retrieved 8 January 2012 Toshiba Elevator and Building Systems Corporation Toshiba Corporation Retrieved 8 January 2012 Toshiba Solutions Corporation Toshiba Corporation Retrieved 8 January 2012 New Lighting Systems Division Toshiba Corporation Retrieved 8 January 2012 Materials amp Devices Division Toshiba Corporation Retrieved 8 January 2012 Toshiba Medical Systems Corporation Toshiba Corporation Retrieved 8 January 2012 Multifunction Toshiba Printers Business Scanner Copiers amp Fax www opusdigital co uk Retrieved 15 December 2015 JDA Inc Retail Ready Design www jdainc com Business Phone Systems VoIP IP Telephone Systems for SMB amp Enterprises Telecom toshiba com Retrieved 20 March 2014 Semiconductor amp Storage Products Company Toshiba Corporation Retrieved 8 January 2012 Power Systems Company Toshiba Corporation Retrieved 8 January 2012 Toshiba Mobile Display Co Ltd Toshiba Corporation Retrieved 8 January 2012 History of DVD didyouknow org Retrieved 27 September 2020 Toshiba Announces Discontinuation of HD DVD Businesses Press release Toshiba 19 February 2008 Retrieved 15 April 2008 Toshiba Gives Up On HD DVD To Be Out By End Of March Forbes 19 February 2008 Retrieved 18 November 2017 Toshiba joins Blu ray disc camp BBC News 10 August 2009 Retrieved 6 January 2010 Toshiba in Restructuring of Global TV Business PDF Press release Toshiba 29 January 2015 Retrieved 7 August 2022 Vlad Savov Toshiba Regza GL1 wants you to put down the glasses enjoy the 3D Engadget Loading site please wait www toshiba com By Sara Angeles BusinessNewsDaily Toshiba Chromebook 2 A Better Chromebook for Business Archived 30 October 2014 at the Wayback Machine 28 October 2014 29 October 2014 Toshiba shuts the lid on laptops after 35 years BBC News 10 August 2020 Retrieved 16 September 2020 By Lucas Mearian ComputerWorld Toshiba announces industry s densest 3D flash memory 26 March 2015 21 April 2015 Guide to Greener Electronics Greenpeace November 2012 Retrieved 9 December 2013 Development of Environmentally Conscious Products Toshiba Visual Products Company Toshiba Storage Products Company Environmental Conservation Activities Toshiba Archived from the original on 29 January 2011 Retrieved 17 August 2010 a b c d e Japan s Corporate Network 14 April 2008 Archived from the original on 12 August 2010 Retrieved 27 April 2008 Nuclear Reactor Maps Fukushima Daiichi Nuclear Transparency in the Asia Pacific Archived from the original on 15 February 2005 Retrieved 21 March 2011 Yasu Mariko Maki Shiraki 22 April 2011 Silver lining in sight for makers of solar panels The Japan Times online Archived from the original on 26 April 2011 Retrieved 23 April 2011 For Toshiba Japan s biggest maker of nuclear reactors atomic energy still has the edge over other power sources Even if we hypothetically say an accident occurs once in every 30 years and that we need to consider the cost for radiation leak problems we re also left with an issue of reducing carbon dioxide Toshiba President Norio Sasaki said in Tokyo last week Nuclear power will remain as a strong option Renewables 2014 Global Status Report page 50 PDF Retrieved 30 December 2016 External links Edit Wikimedia Commons has media related to Toshiba Official website Business data for Tōshiba TYO 6502 at Tokyo Stock Exchange Inc Archived 19 January 2022 at the Wayback Machine Business data for Tōshiba NAG 6502 at Nagoya Stock Exchange Inc Retrieved from https en wikipedia org w index php title Toshiba amp oldid 1139679139, wikipedia, wiki, book, books, library,

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