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Toshiba at 100 updates10/20/2023 ![]() ![]() Spin-offs will perpetuate Toshiba’s problems The demerger is expected to be completed as early as 2023. The stock price of Toshiba immediately fell once trade opened today and currently down 1.1% at JPY4,623 – the lowest in three months.Įarlier this month, the electronics-to-nuclear power conglomerate unveiled plans to split into three – a holding company, an infrastructure services company, and a semiconductors and other electronic devices company to create long-term value. The opposition from Singapore-based 3D Investment Partners, Toshiba’s second largest shareholder with around 7% ownership, highlighted the Japanese firm’s thorny relations with its shareholders and raises the possibilities for shareholders voting against the board’s plan. A major Toshiba shareholder has objected the company’s plan to split its businesses into three entities, saying such a move would instead create three underperforming companies.
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