Toshiba Split Could Influence Peers: Japan Times

The envisaged three-way split of Toshiba is expected to give more clarity to the business outlook and could spur realignment of its domestic peers as a logical step to respond to shareholders’ pressure for a more-focused corporate structure, The Japan Times reported.

The symbolic move ends a chapter for an embattled household name, marking a departure from its traditional industrial and consumer businesses. The infrastructure and devices companies would be spun off, while the remaining company will hold a 40% stake in chipmaker Kioxia Holdings.

Market analysts and experts in business strategy see Toshiba’s split-up as a welcome and legitimate move that will change the industrial landscape. But it should also be weighed against the issue of national security, they said.

Read the full report: The Japan Times

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.