6502.T - Toshiba Corporation

Tokyo - Tokyo Delayed Price. Currency in JPY
304.00
+4.00 (+1.33%)
At close: 3:00PM JST
Stock chart is not supported by your current browser
Previous Close300.00
Open301.00
Bid300.00 x 0
Ask302.00 x 0
Day's Range300.00 - 305.00
52 Week Range284.00 - 305.00
Volume15,928,000
Avg. Volume26,496,555
Market Cap1.981T
Beta0.83
PE Ratio (TTM)N/A
EPS (TTM)-92.20
Earnings DateMay 15, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-09-28
1y Target Est386.20
  • Reuters2 hours ago

    Bain Capital targets $4 bln for new Asia fund - source

    Global private equity firm Bain Capital LLC is targeting up to $4 billion for a new Asia-focused fund, a person with direct knowledge of the matter said, adding yet more dry powder to the region that has enjoyed a two-year fundraising bonanza. Bain Capital - which led the region's biggest ever private equity deal https://www.reuters.com/article/us-bain-japan/bain-capital-leads-the-charge-as-japans-private-equity-dealmaking-picks-up-idUSKBN1CH0KV with the $18 billion purchase of Toshiba's memory chip unit last year - will begin fundraising in July, the source said on condition of anonymity. Bain Capital declined to comment.

  • Reuters2 hours ago

    Bain Capital targets $4 bln for new Asia fund - source

    Global private equity firm Bain Capital LLC is targeting up to $4 billion for a new Asia-focused fund, a person with direct knowledge of the matter said, adding yet more dry powder to the region that has enjoyed a two-year fundraising bonanza. Bain Capital - which led the region's biggest ever private equity deal https://www.reuters.com/article/us-bain-japan/bain-capital-leads-the-charge-as-japans-private-equity-dealmaking-picks-up-idUSKBN1CH0KV with the $18 billion purchase of Toshiba's memory chip unit last year - will begin fundraising in July, the source said on condition of anonymity. Bain Capital declined to comment.

  • Reuters3 days ago

    Toshiba still aiming to complete sale of memory chip unit soon

    TOKYO (Reuters) - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did ...

  • Toshiba eyes cancelling chip unit sale if no China approval by May - media
    Reuters4 days ago

    Toshiba eyes cancelling chip unit sale if no China approval by May - media

    Japan's Toshiba Corp has decided it will cancel the planned $18.6 billion sale of its memory chip unit if it does not get approval from China's anti-monopoly regulator by May, the Mainichi newspaper said on Sunday. A consortium led by U.S. private equity firm Bain Capital last year won a long and highly contentious battle for the unit, which Toshiba put up for sale after billions of dollars in cost overruns at its Westinghouse nuclear unit plunged it into crisis. Toshiba raised $5.4 billion from a share issue to foreign investors late last year and it had now decided it did not need to go through with the sale, the Mainichi newspaper reported.

  • Reuters9 days ago

    US backs Westinghouse to finish nuclear power projects in India

    Westinghouse Electric, which filed for bankruptcy last year, is now "lean and mean and ready to get to work" on its projects to build nuclear reactors in India, U.S. energy secretary Rick Perry said on Tuesday. The show of support by Perry came after Pittsburgh-based Westinghouse's bankruptcy filing had raised doubts about the proposed construction of six nuclear reactors in India's Andhra Pradesh state.

  • Reuters12 days ago

    China slows review of chip company mergers amid trade tensions - WSJ

    Qualcomm Inc's (QCOM.O) proposed $44 billion purchase of Dutch chip maker NXP Semiconductors NV (NXPI.O) could be at risk due to the delayed review. China is the only country that has not yet signed off on the deal, or on Toshiba Corp's planned $19 billion sale of its chip unit to a Bain Capital consortium, according to the newspaper. Qualcomm's merger agreement with NXP was extended for a second time in January, giving the two until to April 25, although the parties could decide to extend the deadline.

  • Reuters15 days ago

    China begins fuel loading at long-delayed EPR nuclear project

    China has begun loading fuel at its first European Pressurised Reactor (EPR) unit in the southeastern province of Guangdong, developer China General Nuclear Power (CGN) said, a sign that the long-delayed project could finally be close to completion. CGN, which owns 70 percent of the project, said in a notice on its official Wechat account that it was given formal approval to begin fuel loading at Unit 1 of the Taishan project by the National Nuclear Safety Commission on Tuesday. Fuel loading at the site began late on Tuesday evening following a ceremony.

  • Reuters19 days ago

    Deals of the day-Mergers and acquisitions

    ** Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the U.S. retail giant looks to take a controlling stake of 51 percent or more in the Indian company. ** Netflix Inc is offering more than $300 million to buy a company that owns billboards across Los Angeles, including on West Hollywood's famed Sunset Strip, a move that could help it save money maintaining a high profile in the world's entertainment capital, according to people familiar with the matter. ** Chinese car rental company Ehi Car Services Ltd said the company would be taken private by a consortium led by its Chief Executive Officer Ray Ruiping Zhang in a deal valued at about $937.5 million.

  • Activist fund says Toshiba chip unit worth as much as $40 billion
    Reuters20 days ago

    Activist fund says Toshiba chip unit worth as much as $40 billion

    A Hong Kong-based activist investment fund said Toshiba Corp's chip unit was worth as much as $40 billion, double the sale price agreed with a Bain-led consortium, as it escalated its opposition to the deal. Argyle Street Management is seeking to persuade Toshiba to either negotiate a higher price or list the unit, highlighting concerns that the Japanese conglomerate agreed to sell it too cheaply while in the throes of a financial crisis last year. Argyle has also not disclosed the size of its stake in Toshiba.

  • Reuters20 days ago

    Activist fund says Toshiba chip unit worth as much as $40 bln

    A Hong Kong-based activist investment fund said Toshiba Corp's chip unit was worth as much as $40 billion, double the sale price agreed with a Bain-led consortium, as it escalated its opposition to the deal. Argyle Street Management is seeking to persuade Toshiba to either negotiate a higher price or list the unit, highlighting concerns that the Japanese conglomerate agreed to sell it too cheaply while in the throes of a financial crisis last year. Argyle has also not disclosed the size of its stake in Toshiba.

  • Reuters20 days ago

    Hong Kong fund says Toshiba chip unit worth more than $30 bln

    A Hong Kong-based activist investment fund opposed to Toshiba Corp's sale of its chip unit to a Bain Capital-led group said the deal should be renegotiated at a valuation of 3.3 trillion yen to 4.4 trillion yen ($30 billion-$41 billion). Argyle Street Management said on Friday that the current deal, which values the unit at 2 trillion yen, was agreed upon when Toshiba was desperate for cash. Toshiba is no longer insolvent, and was free to terminate the deal without incurring any penalty because the sale had not closed by a March 31 deadline, it said.

  • Reuters23 days ago

    Toshiba won't cancel $18 billion chip deal unless any major material change - CEO

    Toshiba Corp will not use the option of cancelling the $18 billion (12.79 billion pounds) sale of its memory chip unit unless there is any "major material change" in circumstances, the Japanese conglomerate's new chief executive said on Tuesday. Toshiba was unable to complete the sale to a consortium led by U.S. private equity firm Bain Capital LP by the agreed deadline of March 31 as it was still waiting for approval from China's anti-monopoly regulator. Under the agreement, Toshiba now has the option to cancel the sale without forfeit.

  • Toshiba CEO promises turnaround in 5 years, beefed up ethics
    Associated Press23 days ago

    Toshiba CEO promises turnaround in 5 years, beefed up ethics

    TOKYO (AP) — Nobuaki Kurumatani, the outsider tapped to lead scandal-tarnished Japanese electronics company Toshiba Corp., is promising a turnaround in five years by reshaping its operations and boosting profitability.

  • Business Wire24 days ago

    Toshiba Corporation Welcomes Nobuaki Kurumatani as Chairman and CEO

    Nobuaki Kurumatani today took office as the first Chairman and CEO of Toshiba Corporation to be appointed from outside the company in over 50 years.

  • Reuters27 days ago

    Japan Display to raise $518 million as search for partners drags on

    Embattled liquid crystal display (LCD) maker Japan Display Inc said it would raise $518 million through a new share issue and an asset sale, in a stop-gap measure to shore up its finances as it struggles to find partners for a tie-up. The firm's woes also stem from its delayed adoption of organic light-emitting diode screens that has cost the display maker orders from its key customer Apple Inc (AAPL.O). The U.S. tech giant, which typically accounts for over half of Japan Display's sales, opted for OLED screens in its latest high-end iPhone X and bought them from Samsung Electronics Co Ltd .

  • Toshiba says unable to meet end-March deadline for chip unit sale
    Reuters27 days ago

    Toshiba says unable to meet end-March deadline for chip unit sale

    Toshiba Corp said on Friday it would not be able to complete an $18 billion deal to sell its prized chip unit by an agreed deadline at the end of March, as it had not received anti-monopoly approval from China. Failure to meet the deadline gives Toshiba the option of walking away from the sale of the world's No. 2 producer of NAND chips without penalty - a move that some investors have urged it to consider. Toshiba agreed last year to sell the chip unit to a consortium led by U.S. private equity firm Bain Capital to cover liabilities arising from its bankrupt U.S. nuclear unit Westinghouse.

  • Reuters27 days ago

    Toshiba says unable to meet end-March deadline for chip unit sale

    Toshiba Corp said on Friday it would not be able to complete an $18 billion deal to sell its prized chip unit by an agreed deadline at the end of March, as it had not received anti-monopoly approval from China. Failure to meet the deadline gives Toshiba the option of walking away from the sale of the world's No. 2 producer of NAND chips without penalty - a move that some investors have urged it to consider. Toshiba agreed last year to sell the chip unit to a consortium led by U.S. private equity firm Bain Capital to cover liabilities arising from its bankrupt U.S. nuclear unit Westinghouse.

  • Toshiba Heavy-Ion Therapy System Awarded by Yonsei University Health System
    Business Wire28 days ago

    Toshiba Heavy-Ion Therapy System Awarded by Yonsei University Health System

    Toshiba Energy Systems & Solutions Corporation , a world leader in heavy-ion therapy system, in collaboration as a consortium with DK Medical Solutions, a Korean leading global medical company, is awarded a contract to supply a heavy-ion therapy system to Yonsei University Health System , one of the leading providers of medical services in Korea.

  • Reuters29 days ago

    Deals of the day-Mergers and acquisitions

    ** Food giants Nestle, Kraft Heinz and Unilever are expected to bid for GlaxoSmithKline's Horlicks health nutrition business, which could fetch more than $4 billion, according to people familiar with the matter. ** Sky's Italian unit is close to signing a deal with Italian broadband company Open Fiber that will allow it to stream programs and offer high-speed broadband services, two sources said on Tuesday. ** U.S. e-commerce giant Amazon has made further inroads into food retail in France as Casino's upmarket Monoprix chain became the first local retailer to agree to sell groceries via Amazon.

  • Toshiba to have more options on chip deal as meeting March deadline unlikely
    Reuterslast month

    Toshiba to have more options on chip deal as meeting March deadline unlikely

    BEIJING/TOKYO (Reuters) - Toshiba Corp looks set to have more options for its chip unit after China said it was still reviewing a proposed $18 billion acquisition by a Bain Capital-led consortium, making it highly unlikely that an imminent deadline for the deal will be met. China's commerce ministry said on Tuesday in a brief statement to Reuters that it was reviewing the deal, without elaborating further. For the deal to close by its agreed deadline of March 31, antitrust approval from China must come by early this week, a source with direct knowledge of the matter has said, as administrative procedures and the transfer of money still need time to be completed.

  • Reuterslast month

    Toshiba to have more options on chip deal as meeting March deadline unlikely

    BEIJING/TOKYO, March 27 (Reuters) - Toshiba Corp looks set to have more options for its chip unit after China said it was still reviewing a proposed $18 billion acquisition by a Bain Capital-led consortium, making it highly unlikely that an imminent deadline for the deal will be met. China's commerce ministry said on Tuesday in a brief statement to Reuters that it was reviewing the deal, without elaborating further. For the deal to close by its agreed deadline of March 31, antitrust approval from China must come by early this week, a source with direct knowledge of the matter has said, as administrative procedures and the transfer of money still need time to be completed.

  • Reuterslast month

    Toshiba says regulatory approval pending but aims for chip sale soon

    Japan's Toshiba Corp said on Monday it had yet to receive clearance from all regulators for the sale of its prized $18 billion (12.72 billion pounds) memory-chip business by its self-imposed end-March deadline, but added it aimed to sell it as early as possible. The conglomerate agreed last year to sell the world's second-biggest producer of NAND flash memory chips to a consortium led by U.S. private equity firm Bain Capital to plug a financial hole left by the bankruptcy of its U.S. nuclear unit. In a statement, Toshiba said it had yet to confirm regulatory approval from all authorities, without naming China.

  • Reuterslast month

    Toshiba says regulatory approval pending but aims for chip sale soon

    Japan's Toshiba Corp said on Monday 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, but added it aimed to sell it as early as possible. The conglomerate agreed last year to sell the world's second-biggest producer of NAND flash memory chips to a consortium led by U.S. private equity firm Bain Capital to plug a financial hole left by the bankruptcy of its U.S. nuclear unit. It had faced a March 23 deadline to win approval from antimonopoly authorities to sell the business by March 31, but China has not yet given its approval.

  • As Toshiba's $18 billion chip unit sale faces tight deadline, IPO looms
    Reuterslast month

    As Toshiba's $18 billion chip unit sale faces tight deadline, IPO looms

    Japan's Toshiba Corp faces a Friday deadline to win Chinese antitrust approval to sell its prized $18 billion (13 billion pound) memory-chip business by end-March, raising the possibility the deadline may be missed and that it will seek alternatives such as an IPO. The conglomerate agreed last year to sell the world's second-biggest producer of NAND flash memory chips to a consortium led by U.S. private equity firm Bain Capital to plug a huge financial hole left by the bankruptcy of its U.S. nuclear unit. Toshiba no longer faces immediate insolvency or a delisting even if it does not meet the end-March deadline for the sale as it has raised funds from a share issue late last year.

  • Reuterslast month

    As Toshiba's $18 bln chip unit sale faces tight deadline, IPO looms

    Japan's Toshiba Corp faces a Friday deadline to win Chinese antitrust approval to sell its prized $18 billion memory-chip business by end-March, raising the possibility the deadline may be missed and that it will seek alternatives such as an IPO. The conglomerate agreed last year to sell the world's second-biggest producer of NAND flash memory chips to a consortium led by U.S. private equity firm Bain Capital to plug a huge financial hole left by the bankruptcy of its U.S. nuclear unit.