Toshiba says SEC completes accounting probe, no penalty

Mon, 25 Jun 2018 - 08:04 GMT

“We understand that all SEC investigations regarding our accounting have been completed,” a spokesman told Reuters.

Toshiba says memory chip unit sale to boost annual profit by a third

Tue, 15 May 2018 - 08:32 GMT

Net profit for the struggling conglomerate is likely to grow to 1.07 trillion yen ($9.75 billion) from 804 billion yen.

Toshiba says regulatory approval pending but aims for chip sale soon

Mon, 26 Mar 2018 - 07:31 GMT

Japan’s Toshiba Corp said it had yet to receive clearance from all regulators for the sale of its prized $18 billion memory-chip business by its self-imposed end-March deadline.

Toshiba considering IPO for memory chip unit: FT

Mon, 22 Jan 2018 - 09:27 GMT

A Toshiba spokeswoman said there had been no change in its efforts to complete the sale of the chip unit.

Toshiba quarterly profit jumps on strong memory chip demand

Thu, 09 Nov 2017 - 08:56 GMT

Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion.

Fujitsu, Lenovo agree to PC merger

Thu, 02 Nov 2017 - 07:15 GMT

Japan's Fujitsu said on Thursday it had agreed to merge its struggling PC business with Lenovo, giving Lenovo a controlling share of the business.

Bain Capital aims to list Toshiba chip unit in three years

Thu, 05 Oct 2017 - 09:23 GMT

Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within 3 years, to cash in its investment.

Toshiba keen to seal $18B chips sale

Thu, 21 Sep 2017 - 08:58 GMT

Japan’s Toshiba Corp (6502.T) is locked in last minute discussions over “key issues” with the would-be buyers of its $18 billion (13.4 billion pounds) memory chip business.

Toshiba selects Bain group as buyer of its prized chip business: sources

Wed, 20 Sep 2017 - 12:02 GMT

Japan’s embattled Toshiba Corp has chosen a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit.

Toshiba signs memorandum to accelerate chip sale talks with Bain group

Wed, 13 Sep 2017 - 10:30 GMT

Toshiba Corp (6502.T) said on Wednesday it has signed a memorandum to accelerate talks to sell its memory chip business to a group led by private equity firm Bain Capital

Western Digital in talks for stake in Toshiba chip unit after an IPO: Kyodo

Thu, 07 Sep 2017 - 08:17 GMT

Western Digital Corp (WDC.O) is in talks to gain voting rights of just under 16 percent in Toshiba Corp’s (6502.T) memory chip unit on the assumption that it will be listed in the future.

Toshiba shares gain after Western Digital offers to exit chip bid for better JV terms

Wed, 06 Sep 2017 - 08:50 GMT

Toshiba shares rose more than 4 percent on Wednesday after sources told Reuters

Toshiba says to build new chip facility in northern Japan

Wed, 06 Sep 2017 - 08:42 GMT

Toshiba Corp said it has decided to build a new semiconductor manufacturing facility in Iwate

Toshiba sells $58.5 million in shares of Mitsubishi UFJ: source

Wed, 23 Aug 2017 - 03:11 GMT

Japan's Toshiba Corp sold $58.5 million worth of shares in Mitsubishi UFJ Financial Group on Wednesday

Toshiba reports long-delayed earnings, posts $8.8 bn loss

Thu, 10 Aug 2017 - 08:15 GMT

Toshiba on Thursday met a looming deadline to report its long-delayed financial results, saying it lost around $8.8 billion in the last fiscal year.

Toshiba shares jump; sources say auditor seen signing off on results

Wed, 09 Aug 2017 - 08:38 GMT

Toshiba Corp's shares jumped more than 9 percent early on Wednesday after sources told Reuters the Japanese conglomerate's auditor was likely to sign off on its annual results.

Toshiba may gain auditor sign-off, reducing delisting risk: media

Mon, 07 Aug 2017 - 07:55 GMT

Toshiba Corp may gain a partial endorsement from its auditor for its annual financial results after disagreements over accounting for the much of the year.

Toshiba to invest in chip line without JV partner Western Digital

Thu, 03 Aug 2017 - 01:44 GMT

Toshiba Corp said on Thursday it would invest in a new memory chip production line without joint venture partner Western Digital Corp.

US judge pauses quest to block sale of Toshiba chip unit

Sat, 15 Jul 2017 - 10:50 GMT

A California judge put on hold Friday a request by Western Digital to block the sale of Toshiba's chip division.

Toshiba says deal to sell memory chip business delayed

Wed, 28 Jun 2017 - 08:39 GMT

Toshiba said Wednesday it has not yet reached a deal to sell its prized chip business to a consortium of US, Japanese and South Korean investors.