6502.T - Toshiba Corporation

Tokyo - Tokyo Delayed Price. Currency in JPY
349.00
+3.00 (+0.87%)
At close: 3:15PM JST
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Previous Close346.00
Open346.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range344.00 - 350.00
52 Week Range220.90 - 355.00
Volume14,690,000
Avg. Volume30,790,000
Market Cap2.274T
BetaN/A
PE Ratio (TTM)2.14
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters1 hour ago

    Toshiba may face renewed shareholder accounting claims -US appeals court

    A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal. In a 3-0 decision, the 9th U.S. Circuit Court of Appeals on Tuesday said a lower court judge misapplied the law in dismissing the investors' lawsuit, and that the investors should be permitted to file an amended complaint. The Pasadena, California-based appeals court said the investors did not sufficiently allege Toshiba committed a "domestic" violation of federal securities law, but that it would "not be futile" for them to try again.

  • Reuters6 days ago

    Rosatom looks to nuclear newcomers to cement dominance

    Rosatom is in talks with Jordan to revive a deal to build a nuclear plant in the kingdom, according to the deputy CEO of the Russian company, which is looking to add another nuclear newcomer nation to its customer list. The state-owned firm is the clear leader in the global nuclear industry after two of its biggest rivals, Areva and Westinghouse, hit financial troubles, and it has a track record of building plants in countries without any nuclear tradition.

  • Reuters20 days ago

    Westinghouse eyes Saudi, India deals as end to bankruptcy nears

    U.S. nuclear firm Westinghouse expects to emerge from bankruptcy with sufficient equity in coming weeks and is targeting Saudi Arabia and India for new reactor sales, its CEO said. Canada's Brookfield Asset Management in January agreed to buy Westinghouse from Toshiba for $4.6 billion after cost overruns on U.S. reactors pushed the atomic energy pioneer into bankruptcy in March 2017.

  • Toshiba says SEC completes accounting probe, no penalty
    Reuters23 days ago

    Toshiba says SEC completes accounting probe, no penalty

    Japan's Toshiba Corp on Monday said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company. "We understand that all SEC investigations regarding our accounting have been completed," a spokesman told Reuters, adding that there was no penalty or censure. A phone call to the SEC was connected to an answering machine after business hours in the United States, and an email asking for comment did not receive an immediate reply.

  • Toshiba sets $6.3 billion share buyback with proceeds of chip unit sale
    Reuterslast month

    Toshiba sets $6.3 billion share buyback with proceeds of chip unit sale

    Toshiba Corp unveiled a higher-than-expected $6.3 billion (4.71 billion pounds) stock buyback that sent its shares up as much as 11 percent, as the Japanese firm followed up on a pledge to share proceeds from an $18 billion sale of its memory chip business. Its announcement on Wednesday that about 700 billion yen ($6.33 billion) of its shares will be repurchased allayed concerns Toshiba may keep more of its cash, given its uncertain outlook after the disposal of the chip unit and other assets. Toshiba had promised to reward shareholders after the sale of the chips unit to a consortium led by U.S. private equity firm Bain Capital closed earlier this month.

  • Reuterslast month

    World's first AP1000 reactor set to debut in China in Nov - media

    The world's first third-generation AP1000 reactor designed by U.S.-based Westinghouse is expected to be completed in China by November, the official Science Daily reported on Tuesday, citing a senior Chinese executive. The AP1000 unit in Sanmen in the eastern coastal province of Zhejiang was expected to reach criticality at the end of June and go into commercial operation by November, Chen Hua, chairman of the China National Nuclear Power Corp (CNNP) was quoted as saying. China agreed in 2007 to build four AP1000 units, including two at Sanmen and two at Haiyang in Shandong province.

  • Deals of the day-Mergers and acquisitions
    Reuterslast month

    Deals of the day-Mergers and acquisitions

    ** Rupert Murdoch faces a 22 billion pound ($29.3 billion) fight with U.S. cable company Comcast for European pay-TV company Sky after Britain cleared his bid providing he sells off its TV news business. ** BNP Paribas, France's biggest bank, has its eye on bolt-on acquisitions in Germany, the head of the group's German business Lutz Diederichs said. ** Chinese conglomerate HNA Group said it had agreed to sell a stake of 26.5 percent in Spain's NH Hotels to Thai Minor International.

  • Sharp to buy Toshiba PC business, issue $1.8 billion in new shares
    Reuterslast month

    Sharp to buy Toshiba PC business, issue $1.8 billion in new shares

    Japan's Sharp Corp said it will buy Toshiba Corp's personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn. The acquisition of the PC business for $36 million marks a return by Sharp to a market it quit eight years ago, even if its comparatively low cost underscores dwindling demand in a world where many consumers spend more money on their smartphones. The Osaka-based electronics maker will be able to use the scale of parent Foxconn, the world's biggest contract manufacturer, to produce PCs more cheaply - just as it has done with TVs.

  • Reuterslast month

    Japan's Sharp says to buy Toshiba's PC business

    TOKYO (Reuters) - Japan's Sharp Corp said it will acquire Toshiba Corp's personal computer business for $36 million, highlighting its recovery under the control of Foxconn and marking a return to a business ...

  • Bain says will help Toshiba Memory pursue big acquisitions
    Reuterslast month

    Bain says will help Toshiba Memory pursue big acquisitions

    Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals. The world's No. 2 maker of NAND chips is expected to have significant funding and spending needs - partly due to the high capital cost nature of the semiconductor industry but also because it has to please the many members of the winning Bain consortium. The U.S. private equity firm and Toshiba Memory will discuss what kind of technologies or acquisitions will be required, with Toshiba Memory president Yasuo Naruke noting that in the longer term technology relating to next generation memory chips would be needed.

  • Bain says will help Toshiba Memory pursue big acquisitions
    Reuterslast month

    Bain says will help Toshiba Memory pursue big acquisitions

    Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals. The world's No. 2 maker of NAND chips is expected to have significant funding and spending needs - partly due to the high capital cost nature of the semiconductor industry but also because it has to please the many members of the winning Bain consortium. The U.S. private equity firm and Toshiba Memory will discuss what kind of technologies or acquisitions will be required, with Toshiba Memory president Yasuo Naruke noting that in the longer term technology relating to next generation memory chips would be needed.

  • Reuterslast month

    Bain says will help Toshiba Memory pursue big acquisitions

    Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals. The U.S. private equity firm and Toshiba Memory will discuss what kind of technologies or acquisitions will be required, with Toshiba Memory president Yasuo Naruke noting that in the longer term technology relating to next generation memory chips would be needed.

  • Consortium buying Toshiba's memory business promises growth
    Associated Presslast month

    Consortium buying Toshiba's memory business promises growth

    TOKYO (AP) — The buyers of Toshiba Corp.'s memory device operations are promising to invest in technology development and manufacturing facilities to stay competitive, although they stopped short of giving a specific monetary amount or naming a new factory site.

  • Reuterslast month

    Bain Capital to support Toshiba Memory pursue chip sector acquisitions

    Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing acquisitions in the chip industry. "I believe our financing power will enable Toshiba Memory engage in large-scale M&A deals," Yuji Sugimoto, head of Bain Capital in Japan, said at a news conference after its consortium completed the deal last week. Bain will hold discussions with Toshiba Memory president Yasuo Naruke on what kind of technologies or acquisitions would be needed strategically for the company ahead, he added.

  • Reuters2 months ago

    Toshiba completes $18 bln sale of chip unit to Bain consortium

    Japan's Toshiba Corp said on Friday it had completed the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital. The Bain consortium last year won a long and highly contentious battle for Toshiba Memory, the world's No. 2 producer of NAND chips. Toshiba put the business up for sale after billions of dollars in cost overruns at its Westinghouse nuclear unit had plunged it into crisis.

  • Reuters2 months ago

    Toshiba completes $18 billion sale of chip unit to Bain consortium

    Japan's Toshiba Corp said on Friday it had completed the $18 billion (13.5 billion pounds) sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital. The Bain consortium last year won a long and highly contentious battle for Toshiba Memory, the world's No. 2 producer of NAND chips. Toshiba put the business up for sale after billions of dollars in cost overruns at its Westinghouse nuclear unit had plunged it into crisis.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of 6502.T earnings conference call or presentation 15-May-18 5:30am GMT

    Full Year 2018 Toshiba Corp Earnings Presentation

  • Beijing showing signs of compromise in trade talks with US
    Associated Press2 months ago

    Beijing showing signs of compromise in trade talks with US

    WASHINGTON (AP) — China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war between the world's two biggest economies.

  • China approves Toshiba's sale of $18 billion chip unit to Bain consortium
    Reuters2 months ago

    China approves Toshiba's sale of $18 billion chip unit to Bain consortium

    Toshiba Corp said on Thursday that China regulators have approved the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital, marking the end to a year-long saga surrounding its most prized asset. The antimonopoly review had been the last and biggest hurdle to a successful sale of Toshiba Memory, the world's No. 2 producer of NAND chips. The Bain consortium last year won a long and highly contentious battle for the business, which Toshiba put up for sale after billions of dollars in cost overruns at its Westinghouse nuclear unit plunged it into crisis.Any approval of the deal would come at a time of trade tension between China and United States which has fanned fears Beijing would delay reviews of major global chip deals.

  • Reuters2 months ago

    China approves Toshiba's sale of $18 bln chip unit to Bain consortium

    Toshiba Corp said on Thursday that China regulators have approved the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital, marking the end to a year-long saga surrounding its most prized asset. The antimonopoly review had been the last and biggest hurdle to a successful sale of Toshiba Memory, the world's No. 2 producer of NAND chips.

  • Toshiba's chip sale to consortium wins regulatory approval
    Associated Press2 months ago

    Toshiba's chip sale to consortium wins regulatory approval

    TOKYO (AP) — Japanese electronics company Toshiba Corp. said Thursday the sale of its computer memory chip business to a consortium led by Bain Capital Private Equity has cleared all anti-trust regulatory approval, including one it was awaiting from China.

  • Reuters2 months ago

    Toshiba upbeat about Chinese review of $18 bln chip unit sale

    Toshiba Corp is upbeat about the prospects of clearing China's antimonopoly review of the $18 billion sale of its chip unit, its CEO said, dismissing reports it may pursue alternative plans if the review drags beyond the deal's deadline. "We haven't heard anything negative from Chinese regulators," Chief Executive Nobuaki Kurumatani said at an earnings briefing on Tuesday. "We haven't changed our stance (on the sale)," he added.

  • Reuters2 months ago

    Carlyle set to close new Asia fund at $6.5 billion - sources

    Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region. The private equity giant had initially targeted a fund of $5 billion but raised its expectations following a strong response from its investors, known as limited partners, said the people.

  • Reuters3 months ago

    China loads fuel at world's first AP1000 nuclear reactor

    China started loading fuel this week at a Westinghouse-designed AP1000 nuclear reactor - the world's first - in Sanmen, eastern Zhejiang province, as the long-delayed project took a key step towards becoming operational. Fuel was loaded in the evening of April 25 after the reactor met design and installation requirements, according to a statement posted on the website of China's State Assets Supervision and Administration Commission (SASAC) on Saturday. The AP1000 was originally expected to make its debut in Zhejiang in 2014, but it is more than three years behind schedule, dogged by safety concerns and design changes.

  • Reuters3 months 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.