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Toshiba Corp (6502.T)

6502.T on Tokyo Stock Exchange

314JPY
17 Jan 2018
Change (% chg)

¥-2 (-0.63%)
Prev Close
¥316
Open
¥316
Day's High
¥316
Day's Low
¥311
Volume
20,519,000
Avg. Vol
41,033,770
52-wk High
¥347
52-wk Low
¥178

Latest Key Developments (Source: Significant Developments)

Toshiba updates shares transfer plan
Monday, 15 Jan 2018 

Jan 15(Reuters) - Toshiba Corp <6502.T>:Says it will sell 13.8 million shares (about 26.5 percent stake) in Shibaura Mechatronics Corp <<<6590.T>>>, at the price of 425.89 yen per share.Says previous plan was announced on Dec. 4, 2017.  Full Article

Toshiba units to implement personnel measures including early retirement incentive program
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Toshiba Corp <6502.T>:Says co's units Toshiba Infrastructure Systems & Solutions Corporation and Toshiba Energy Systems & Solutions Corporation decided to implement personnel reallocation and early retirement incentive programs with support of outplacement .Both programs will be open to candidates in corporate staff functions aged 50 and above, and are expected to cover about 50 employees in each unit.Application will be accepted from February and the accepted applicants will leave by the end of March.In addition to a standard retirement payment, the accepted applicants will also receive a special severance payment and outplacement support if they need .  Full Article

Toshiba's unit says lawsuit in China
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Toshiba Corp <6502.T> ::Says a China-based property development firm filed a lawsuit against co's China-based elevator subsidiary (TCE), claiming for compensation for damages of 2.2 million yuan (about 38 million yen) .  Full Article

Brookfield Business Partners To Acquire Westinghouse Electric Company
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Brookfield Business Partners Lp ::BROOKFIELD BUSINESS PARTNERS TO ACQUIRE WESTINGHOUSE ELECTRIC COMPANY.BROOKFIELD BUSINESS PARTNERS TO ACQUIRE WESTINGHOUSE ELECTRIC COMPANY.BROOKFIELD BUSINESS PARTNERS LP - DEAL FOR ‍APPROXIMATELY $4.6 BILLION.BROOKFIELD BUSINESS PARTNERS - DEAL EXPECTED TO BE FUNDED WITH ABOUT $1 BILLION OF EQUITY, APPROXIMATELY $3 BILLION OF LONG-TERM DEBT FINANCING, AMONG OTHERS.BROOKFIELD BUSINESS PARTNERS - CO WILL COMMIT TO FUND APPROXIMATELY 50 PERCENT OF EQUITY ON CLOSING USING EXISTING LIQUIDITY​.BROOKFIELD BUSINESS PARTNERS LP - ‍ENTERED AGREEMENT TO ACQUIRE 100% OF WESTINGHOUSE ELECTRIC COMPANY, CURRENTLY OWNED BY TOSHIBA CORP​.BROOKFIELD BUSINESS PARTNERS - PRIOR TO/FOLLOWING DEAL, PART OF CO'S INVESTMENT MAY BE SYNDICATED TO OTHER INSTITUTIONAL INVESTORS.  Full Article

Toshiba receives 34 lawsuits filed by investors in Japan
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - Toshiba Corp <6502.T> ::Says it received 34 lawsuits filed by Japan-based investors, claiming for compensation for loss caused by improper accounting treatment, with amount of money involved in the cases of totaling 173 billion yen .  Full Article

Japanese Consortium Looking To Commercialize Reactor Technology In Poland By 2030 - Nikkei
Wednesday, 20 Dec 2017 

Dec 21 (Reuters) - Nikkei::JAPANESE CONSORTIUM LOOKING TO COMMERCIALIZE NEXT-GENERATION REACTOR TECHNOLOGY IN POLAND BY 2030 - NIKKEI.JAPANESE CONSORTIUM COMPRISES JAPAN ATOMIC ENERGY AGENCY, TOSHIBA, MITSUBISHI HEAVY INDUSTRIES & HITACHI - NIKKEI.COMMERCIAL REACTOR SAID TO COST AROUND 50 BILLION YEN, PROJECT IN POLAND EXPECTED TO GENERATE ORDERS WORTH 50 BILLION YEN TO 100 BILLION YEN- NIKKEI.  Full Article

Trump officials brief Hill staff on Saudi reactors, enrichment a worry
Friday, 15 Dec 2017 

Adds State Department comment, paragraph 16:.  Full Article

Toshiba unit says lawsuit in U.S.
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Toshiba Corp <6502.T>:Says U.S.-based firm Genisa Iron Inc (plaintiff) filed lawsuit against co's U.S.-based unit TOSHIBA INTERNATIONAL CORPORATION and unit's subcontracting entrepreneur, regarding payment disputes .Says plaintiff requested payment of $91,452.93 (about 10.3 million yen) and related expenses.  Full Article

Chinese Antitrust Regulators Open Investigation Into Toshiba's Flash Memory Unit Sale- Nikkei
Thursday, 14 Dec 2017 

Dec 15 (Reuters) - NIKKEI: :CHINESE ANTITRUST REGULATORS EARLIER IN DEC OPENED INVESTIGATION INTO TOSHIBA'S PLANNED SALE OF ITS FLASH MEMORY UNIT- NIKKEI.  Full Article

Western Digital In Connection With Settlement With Toshiba, Enters Into A 6 Year Facility Agreement
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Toshiba Corp <6502.T>::WESTERN DIGITAL CORP - ENTERED INTO SETTLEMENT AGREEMENT WITH BAIN CAPITAL & CERTAIN OTHER AGREEMENTS WITH TMC RELATED TO OPERATION OF JOINT VENTURES.WESTERN DIGITAL CORP - IN CONNECTION WITH SETTLEMENT WITH TOSHIBA, ON DEC 12, WESTERN DIGITAL ENTERED INTO A Y6 FACILITY AGREEMENT.WESTERN DIGITAL CORP SAYS TMC OWNS AND IS FUNDING CONSTRUCTION OF FAB 6 - SEC FILING.WESTERN DIGITAL CORP - UNDER Y6 FACILITY AGREEMENT, CO IS COMMITTED TO FUND 50% OF FAB 6'S START-UP COSTS, AS WELL AS 50% OF JV'S PORTION OF PHASE II.WESTERN DIGITAL CORP - CO REQUIRED UNDER Y6 FACILITY AGREEMENT TO PREPAY ABOUT $60 MILLION IN JAN 2018 TOWARD FAB 6 BUILDING DEPRECIATION.WESTERN DIGITAL -UNDER Y6 AGREEMENT, CO’S SHARE OF INITIAL COMMITMENT SEEN TO BE ABOUT $950 MILLION; COSTS TO BE INCURRED PRIMARILY THROUGH 2018.WESTERN DIGITAL- CO EXPECTS TO FUND PORTION OF INITIAL COMMITMENT, BUILDING DEPRECIATION PREPAYMENT WITH CASH ON HAND, THROUGH OTHER FINANCING SOURCES.WESTERN DIGITAL -WITH Y6 FACILITY AGREEMENT, CO, SANDISK AND TMC ALSO AGREED TO EXTEND THEIR JOINT RESEARCH AND DEVELOPMENT ACTIVITIES AT YOKKAICHI FACILITY TO FAB 6.  Full Article

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End of a chip boom? Memory chip price drop spooks investors

SEOUL After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year. | Video