Toshiba shareholders approve director nominees - report - Breaking The News
Download our appPlay StoreApp Store

Toshiba shareholders approve director nominees - report

EPA-EFE/KIMIMASA MAYAMA

Toshiba Corp's shareholders have endorsed all 13 of the company's board of directors candidates, seven of which were newly appointed, while six were reappointed, the Nikkei Asia reported on Tuesday.

The proposed directors include two nominated by activist shareholders in a move that is expected to help the Tokyo-based conglomerate expedite its potential buyout.

The company traded 0.72% in the green at 6:21 am CET on Tuesday.

Related Stocks
Toshiba
Related News
Toshiba could reportedly lay off 5,000 staff in Japan
Toshiba Corp. is considering cutting as many as 5,000 positions in Japan, Nikkei reported on Wednesday. People familiar with the plans said the layoffs will largely involve "back-office departments in the head office" and the company will encourage voluntary retirements. Toshiba was delisted from the Tokyo Stock Exchange in December 2023 after Japan Industrial Partners (JIP) bought over 78% of its stock. JIP said it plans to make the tech giant more profitable...
Toshiba's Q2 net sales at ¥793.5B, down 7%
Toshiba Corporation revealed on Monday that in the second quarter of its fiscal 2023 net sales came in at ¥793.5 billion, falling 7% on an annual basis. In the reported period, net loss attributable to company shareholders stood at ¥26.7 billion, down from a net income of ¥74.8 billion registered in the same timeframe a year prior. In the first half of its fiscal 2023, year over year, Toshiba's net sales slipped 6.1% amounting to ¥1.5 trillion. In the six months...
Earnings preview: Alibaba, Walmart and more
Investors will gain insight into the financial state of global corporations this week as companies, spanning industries from energy and technology to retail and entertainment, prepare to reveal their latest earnings. All eyes will be on the retail sector as it takes center stage in the earnings spotlight, with Home Depot, Target, Macy's, Walmart, JD.com, and Alibaba set to publish their reports amid concerns about consumer spending trends in the face of growing...
Toshiba to go private as JIP buys 78.65% of shares
Toshiba Corp. announced on Thursday that private equity firm Japan Industrial Partners (JIP) will take the company private after buying 78.65% of its stock. The tech giant's board recommended accepting the deal back in June. The transaction is valued at 14 billion and is the first step in the process by which JIP will become Toshiba's sole shareholder. "Toshiba Group will now take a major step toward a new future with a new shareholder. Even after privatization,...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.