Toshiba, a major electric appliance maker, announced on the 12th that it will reorganize a wide range of businesses and divide it into three companies.
The company has a policy of making a resolution at a general meeting of shareholders toward the split, and the focus will be on gaining understanding from the so-called "shareholders who say things", which continue to be in conflict.
Toshiba, which handles a wide range of businesses such as social infrastructure and semiconductors, announced a policy to establish two new companies, one for infrastructure services such as power generation and the other for devices such as hard disks, and to split it into three companies including Toshiba itself. Did.
The two new companies are aiming to be listed in the second half of 2023, and Toshiba itself will continue to hold shares in the major semiconductor company Kioxia Holdings.
Toshiba President Satoshi Tsunakawa emphasized the merits of the split at a press conference on the 12th, saying, "We considered options for increasing shareholder value. The board of directors concluded that this choice was the best."
The company plans to make a resolution at a general meeting of shareholders toward the split, and will first hold an extraordinary general meeting of shareholders by March next year to confirm the intentions of shareholders.
However, Toshiba's shares are believed to be held by so-called "shareholders who say things" at around 25%, and the situation continues to be in conflict with the company.
In the split, the focus will be on explaining the aim of this policy to many shareholders, such as "shareholders who say things," and gaining their understanding.