Toshiba: Difference between revisions

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===Hakunetsusha (Tokyo Denki)===
{{Nihongo|'''Hakunetsusha'''|白熱舎}} was a company established by [[Miyoshi Shōichi]] and [[{{ill|Fujioka Ichisuke]]|ja|藤岡市助|vertical-align=sup}}, two of Japan's industrial pioneers during the Tokugawa / [[Edo period]]. It specialized in the manufacture of light bulbs.
 
The company was established in 1890 and started out by selling bulbs using bamboo filaments. However, following the opening up of trade with the West through the [[Unequal treaty]], [[Hakunetsusha]] met with fierce competition from imports. Its bulb cost about 60 percent more than the imports and the quality was poorer. The company managed to survive with the booms after the [[First Sino-Japanese War]] of 1894–95 and the [[Russo-Japanese War]] of 1904–05, but afterward its financial position was precarious.
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===1939 to 2000===
[[File:Toshiba Vacuum tube Radio.jpg|thumb|right|AM-only Toshiba vacuum tube radio (1955)]]
Toshiba was founded in 1939 by the merger of Shibaura Seisakusho<ref>[http://www.shibaura.co.jp/e/company/history.html Corporate History | Shibaura Mechatronics Corporation]. Shibaura.co.jp. Retrieved on 26 July 2013.</ref> and Tokyo Denki. The merger of Shibaura and Tokyo Denki created a new company called Tokyo Shibaura Denki (Tokyo Shibaura Electric) ({{lang|ja-Hani|[[wikt:東京|'''東'''京]] [[wikt:芝浦|'''芝'''浦]] [[wikt:電気|電気]]}}). It was soon nicknamed Toshiba, but it was not until 1978 that the company was officially renamed Toshiba Corporation.{{Citation needed|date=December 2023}} The company was listed on the Tokyo Stock Exchange in May 1949.<ref>{{Cite news |date=20 December 2023 |title=Toshiba Delisted After 74 Years, Goes Private |website=[[Nasdaq]] |publisher=[[RTTNews]] |url=https://www.nasdaq.com/articles/toshiba-delisted-after-74-years-goes-private}}</ref>
 
[[File:Expo85 toshiba.jpg|thumb|left|The Toshiba pavilion at [[Expo '85]]]]
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In late December 2016, the management of Toshiba requested an "urgent press briefing" to announce that the newly-found losses in the [[Westinghouse Electric Company|Westinghouse]] subsidiary from [[Vogtle Electric Generating Plant]] nuclear plant construction would lead to a write-down of several billion dollars, bankrupting Westinghouse and threatening to bankrupt Toshiba. The exact amount of the liabilities was unavailable.<ref>{{Cite news |last1=Smith |first1=Rebecca |last2=Narioka |first2=Kosaku |date=29 December 2016 |title=Toshiba Shares Plunge Further Over Problems at Nuclear-Power Subsidiary |work=[[The Wall Street Journal]] |url=https://www.wsj.com/articles/toshiba-shares-crash-after-write-down-warning-1482905903 |access-date=30 December 2016 |issn=0099-9660}}</ref><ref>{{Cite news |title=How two cutting edge U.S. nuclear projects bankrupted Westinghouse |newspaper=Reuters |date=2 May 2017 |url=https://www.reuters.com/article/us-toshiba-accounting-westinghouse-nucle-idUSKBN17Y0CQ |via=mobile.reuters.com}}</ref>
 
In January 2017, a person with direct knowledge of the matter reported that the company plans on making its memory chip division a separate business, to save Toshiba from bankruptcy.<ref>{{Cite news |date=24 January 2017 |title=Toshiba board to approve plans to split off chip business on Friday: source |work=Reuters |url=https://www.reuters.com/article/us-toshiba-accounting-idUSKBN1580YS |access-date=24 January 2017}}</ref><ref>{{Cite web |title=Toshiba completes $18bn sale of flash memory unit |url=https://asia.nikkei.com/Business/Business-deals/Toshiba-completes-18bn-sale-of-flash-memory-unit |website=Nikkei Asian Review}}</ref><ref>{{Cite web |title=Former Toshiba memory business to rebrand as Kioxia &#124; ZDNet |url=https://www.zdnet.com/google-amp/article/former-toshiba-memory-business-to-rebrand-as-kioxia/ |website=www.zdnet.com[[ZDNet]]}}</ref><ref>{{Cite news |title=Toshiba has no immediate plans to sell memory chip stake: CEO |newspaper=Reuters |date=21 December 2018 |url=https://www.reuters.com/article/us-toshiba-chips-idUSKCN1OK0Z5 |via=mobile.reuters.com}}</ref><ref>{{Cite web |last=Tallis |first=Billy |title=Toshiba Memory To Rebrand As Kioxia |url=https://www.anandtech.com/show/14652/toshiba-memory-to-rebrand-as-kioxia |website=www.anandtech.com}}</ref><ref>{{Cite web |date=13 May 2019 |title=Toshiba net profit up 26% in fiscal 2018 after selling chip unit |url=https://www.japantimes.co.jp/news/2019/05/13/business/corporate-business/toshiba-net-profit-26-fiscal-2018-selling-chip-unit/ |website=The Japan Times}}</ref><ref>{{Cite web |date=2 June 2018 |title=Toshiba completes $18B sale of memory business to consortium including Apple |url=https://9to5mac.com/2018/06/02/toshiba-memory-business-sale-complete/}}</ref>
 
In February 2017, Toshiba revealed unaudited details of a 390 billion yen ($3.4 billion) corporate wide loss, mainly arising from its majority owned US based [[Westinghouse Electric Company|Westinghouse]] nuclear construction subsidiary which was written down by 712 billion yen ($6.3 billion). On 14 February 2017, Toshiba delayed filing financial results, and chairman Shigenori Shiga, formerly chairman of Westinghouse, resigned.<ref name="reuters-20170214">{{Cite news |first1=Makiko |last1=Yamazaki |first2=Taiga |last2=Uranaka |date=14 February 2017 |title=Delays, confusion as Toshiba reports $6.3 billion nuclear hit and slides to loss |work=Reuters |url=http://uk.reuters.com/article/uk-toshiba-accounting-results-idUKKBN15T0AY |access-date=14 February 2017}}</ref><ref name="bbc-20170214a">{{Cite news |date=14 February 2017 |title=Toshiba chairman quits over nuclear loss |work=BBC News |url=https://www.bbc.co.uk/news/business-38965380 |access-date=14 February 2017}}</ref><ref name="bbc-20170214b">{{Cite news |first=Karishma |last=Vaswani |date=14 February 2017 |title=Toshiba: Why troubled Japanese firms survive |work=BBC News |url=https://www.bbc.co.uk/news/business-38969273 |access-date=14 February 2017}}</ref>
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{{Major information storage companies}}
{{Major point of sale companies}}
{{Major semiconductor companies}}
}}
{{Authority control}}
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[[Category:Locomotive manufacturers of Japan]]
[[Category:Technology companies established in 1875]]
[[Category:Medical device manufacturers]]
[[Category:Medical technology companies of Japan]]
[[Category:Mitsui]]