Toshiba

Toshiba Corporation (株式会社東芝, Kabushikigaisha Tōshiba, English: /təˈʃiːbə, tɒ-, toʊ-/ ⓘ) is a Japanese <a href="/facts/Multinational_corporation/qrMQSMTb">multinational</a> electronics company headquartered in <a href="/facts/Minato%2c_Tokyo/jX8My6AY">Minato, Tokyo</a>. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, <a href="/facts/Semiconductor/zFf3mGTE">semiconductors</a>, <a href="/facts/Hard_disk_drive/kekLSGSE">hard disk drives</a>, printers, batteries, lighting, as well as <a href="/facts/Information_technology/glMzunwe">IT</a> solutions such as <a href="/facts/Quantum_cryptography/FPqPdNXT">quantum cryptography</a>. It was formerly also one of the biggest manufacturers of <a href="/facts/Personal_computer/koaYfNce">personal computers</a>, <a href="/facts/Consumer_electronics/cJ8g9NXh">consumer electronics</a>, <a href="/facts/Home_appliance/JYKalzw6">home appliances</a>, and <a href="/facts/Medical_equipment/uzUHp474">medical equipment</a>.
The Toshiba name is derived from its former name, Tokyo Shibaura Denki K.K. which in turn was a 1939 merger between <a href="/facts/Shibaura_Seisakusho/as8IjucD">Shibaura Seisaku-sho</a> (founded in 1875) and <a href="/facts/Hakunetsusha/0EqxXu60">Tokyo Denki</a> (founded in 1890). The company name was officially changed to Toshiba Corporation in 1978. A <a href="/facts/Technology_company/qdfDdm2m">technology company</a> with a long history and sprawling businesses, Toshiba is a household name in Japan and has long been viewed as a symbol of the country's technological prowess post-<a href="/facts/World_War_II/2efV5L1U">World War II</a>. As a semiconductor company and the inventor of <a href="/facts/Flash_memory/Cn8JsStx">flash memory</a>, Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as <a href="/facts/Kioxia/edUqfcbg">Kioxia</a> in the late 2010s. The company was also relevant in consumer personal computers, releasing the first mass-market <a href="/facts/Laptop/3EFwTAb2">laptop</a> in 1985 and later ranking as a major vendor of laptops; it exited the PC business in 2020 having divested it into <a href="/facts/Dynabook_Inc./yGtDY5YF">Dynabook Inc.</a>
Toshiba faced trouble during the 2010s amid a much-publicised accounting scandal that affected its reputation, and the bankruptcy of its subsidiary nuclear energy company <a href="/facts/Westinghouse_Electric_Company/sVQIoyB4">Westinghouse</a> in 2017. This forced the conglomerate to shed a number of underperforming businesses, essentially eliminating the company's century-long presence in consumer markets. After a rejection to split the company, Toshiba was purchased by a consortium led by <a href="/facts/Japan_Industrial_Partners/b5JQA3J3">Japan Industrial Partners</a> (JIP) in 2023; Toshiba turned <a href="/facts/Privately_held_company/B4wdkyJX">private</a> as a result and was delisted after 74 years from the <a href="/facts/Tokyo_Stock_Exchange/GhGV6sc0">Tokyo Stock Exchange</a>, where it was formerly a constituent of the <a href="/facts/Nikkei_225/vmNJQpdd">Nikkei 225</a> and <a href="/facts/TOPIX/nE3s0SHa">TOPIX</a> 100 indices.

Toshiba open-in-new

Toshiba