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Toshiba urged to exit TEC

Toshiba urged to exit TEC

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...
Toshiba Tec financials exceed expectations

Toshiba Tec financials exceed expectations

The company has published its consolidated results for FY2017, with the figures proving better than anticipated. The company’s net sales totalled ¥513.3 billion ($4.68 billion/€3.90 billion), an increase of ¥15.7 billion ($143.3 million/€119.5 million) on the FY2016...