by Owen Collins | Jan 3, 2019 | City News
A Hong Kong activist fund has requested that the Japanese OEM sheds its “non-core” businesses in order to boost the margins of the conglomerate. Having already announced its withdrawal from both its British nuclear power and US LNG wings, Argyle Street Management is...
by stefanie | Dec 5, 2018 | Around the Industry
The company has restructured its manufacturing plant in Japan, cutting the jobs of over 3,000 foreign temporary workers. The job losses came as Sharp transitioned the production of its iPhone sensors to a Chinese facility, as Nikkei Asian Review reports. Originally,...
by stefanie | Nov 23, 2018 | Around the Industry
Ricoh Company, Ltd. has announced that it has been named Company of the Year at the Ireland Japan Business Awards 2018. Hosted by the Ireland Japan Chamber of Commerce, the annual awards recognise the companies making outstanding contributions to Ireland-Japan...
by Owen Collins | Nov 12, 2018 | City News
The OEM has announced various offloads and liquidations as it seeks to regain the confidence of investors. Following on from last week’s release of its financial affairs, Toshiba has now also revealed that it is liquidating its British nuclear power unit, according to...
by stefanie | Nov 8, 2018 | City News
The OEM has published its latest financials for the first half-year of 2018, reporting that it has met its targets for operating, ordinary and net profit. For the first six months of 2018, Toshiba achieved net sales of ¥236.1 billion ($2 billion/€1.8 billion), just...
