TOSBF News and Press, Toshiba Corp From 03/22/22

Toshiba (OTCPK:TOSBF) is gearing up for what stands to be one of the more-contentious and significant shareholder meetings in its nearly 150-year history. And the effects of Thursday's event will likely set the path for the future of the Japanese electronics giant. At issue is Toshiba's (OTCP...

The Taxable Account generated $1,493.49 of dividends in February of 2022 compared with $1,470.14 of dividends in February of 2021. The Taxable Account had a balance of $530K as of February 28, 2022, vs. $467K on February 28, 2021. The annualized cost basis yield is 5.04%. Three co...

Toshiba's (OTCPK:TOSBF) proposal to split into two companies is now opposed by two influential proxy advisory firms, as Glass Lewis has joined ISS in coming out against the plan because the process relied on "flagrantly dubious reasoning" and sidestepped investor feedback, according to Bloomb...

Toshiba (OTCPK:TOSBF) CEO Satoshi Tsunakawa will resign, to be replaced by senior executive Taro Shimada on an interim basis, and new management will review the controversial proposal to split into two companies, Bloomberg reports. VP Mamoru Hatazawa reportedly also will step down, to be succ...

Toshiba Corporation (TOSBF) Q3 2022 Earnings Conference Call February 14, 2022 02:00 ET Company Participants Midori Hara - Investor Relations Satoshi Tsunakawa - President and Chief Executive Officer Mamoru Hatazawa - Corporate Senior Executive Vice President Masayoshi Hirata - Chief Financia...

Toshiba (OTCPK:TOSBF) announced on Monday that instead of splitting into three companies, it would split into two companies, one focused on infrastructure and the other focused on devices and storage. According to a statement, Toshiba said the decision to split into two companies "reflects th...

Toshiba (OTCPK:TOSBF) could spend $873 million to build a new semiconductor fab in Japan, with the plant up and running by March 2025, according to Japanese news outlet Nikkei. The plant would be built on the grounds of Kaga Toshiba Electronics to help meet the global demand for chips and cur...

Toshiba's (OTCPK:TOSYY) second largest shareholder has come out in opposition to the plan to split into three companies, and instead wants it to solicit offers from potential buyers, Reuters reports. According to the report, the letter to the board from 3Dinvestment Partners says the proposed...

Although the trend started a while back, we are seeing a significant surge in the number of major conglomerates splitting up. Their directors and management believe they cannot maintain their edge hamstrung by monolithic, one-company leadership. Alpha-level investors may find oppo...

Toshiba Corporation (TOSBF) Q2 2022 Earnings Conference Call November 12, 2021 1:00 AM ET Company Participants Midori Hara - IR Satoshi Tsunakawa - President and CEO Mamoru Hatazawa - Corporate Senior Executive Vice President Masayoshi Hirata - CFO Paul Brough - Chairperson of the Strategic R...