Toshiba Decides to Split its NAND Flash; Detail of Nuclear Power Business is Disclosed in February
Toshiba has decided to implement a company split of its memory business by March 31, 2017. The purpose of the split is to: 1) enable flexible management of NAND flash business, which requires rapid decision-making and heavy investment; and 2) enhance Toshiba’s capital, which is expected to be severely damaged by the possible impairment of goodwill on nuclear power business. The company is considering a capital injection from a third party, which is less than 20% of the memory business. We foreca...Toshiba is engaged in the manufacture and sale of electronics and energy products. Along with its affiliates, Co. operates in six business segments: energy systems & solutions, infrastructure systems & solutions, retail & printing solutions, storage & electronic devices solutions, industrial ICT solutions, and others. Co. provides thermal power generation systems, nuclear power generation systems, water supply and sewerage systems, instrumentation and control systems, environmental systems, automatic railroad station equipment, transportation equipment, POS systems, small-signal devices, information technology ("IT") solution services, personal computers, tablets, televisions, and others.
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