TOSYY News and Press, Toshiba Corp ADR From 08/20/23

2023-08-20 09:16:47 ET Summary Ricoh is transforming into a digital services business but is expected to maintain its low-return profile. The company's Q1 FY3/2024 results were in line with expectations, with sales and earnings growing as anticipated. Despite progress in shift...

2023-08-07 07:20:29 ET Toshiba ( OTCPK:TOSBF ) ( OTCPK:TOSYY ) said Monday it will launch a $14B tender offer tomorrow to take the company private , potentially ending eight years of upheaval. At least two-thirds of shareholders must tender their shares for the bid to succee...

2023-07-17 08:32:43 ET Toshiba ( OTCPK:TOSYY ) is planning to build a supply chain for offshore wind turbines in Japan with General Electric ( GE ), aiming to establish a network of 100 suppliers, according to a Nikkei report . The partners will aid component development...

2023-04-28 10:00:00 ET Summary Geothermal energy is a low-carbon source that can provide reliable baseload. Between the political opposition to nuclear power and the intermittency of wind and solar, geothermal may emerge as more important. There aren't that many investment cho...

Summary WingArc1st generates high cash profits and is the market leader in its domestic Japanese market for Business Document Services software. Its growth outlook looks pedestrian with its niche focus and the lack of cross-selling opportunities. Valuations are not demanding, but gi...

Summary IX cash grew 22.6% (QoQ) to $8.2 billion, with current assets now at their all-time high of $65.3 billion. ORIX Corp aims to raise its dividend payout by up to 40%, with the share buyback set at JPY50 billion by the end of FY 2023. ORIX has made huge investments in the infra...

Summary Furukawa Battery is 57.2% owned by parent Furukawa Electric, which divested an asset to private equity in November 2022. With growing attention of erasing parent-listed subsidiary structures in corporate Japan, Furukawa Battery appears like a potential candidate. Unfortunate...

Summary Ricoh Company, Ltd.'s shares are cheap on conventional metrics, with management making progress in transforming the business. Despite these efforts, the result is unlikely to be so positive that operating profit margins reach double digits and ROE reaches the low teens. ...

Summary Investors are flocking to USD, and most foreign currencies are now weak. On the surface, investment implications seem slight, but it is quite the contrary. This article will highlight the current market implications and ways that a strong USD influences foreign assets....

Summary Both Intel and Micron have dropped their pursuit of 3D XPoint / Optane. There is nothing wrong with the well-received technology itself. There is, however, lots of behind-the-scenes information in the court documents. Recap Way back in 2015, I wrote a...