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Toshiba considering split into three companies to resolve conglomerate discount -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – The Toshiba Corp. logo is seen in the Kawasaki facility, Japan on June 10, 2021. REUTERS/Kim Kyung Hoon/File Photograph GLOBAL WEEK Ahead

TOKYO, Reuters – Toshiba (OTC) Corp may split itself in three to focus on infrastructure, devices, and semiconductors, a spokesperson stated Monday. This would help resolve the conglomerate discount.

Toshiba has begun formulating its next long-term plan for enhancing corporate value. A statement from the company stated that the possible strategic options include the splitting of the business.

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