On March 1, Toshiba, whose management has been in turmoil due to confrontation with shareholders who say things, has decided to retire from its president, Satoshi Tsunakawa, and to be promoted to his senior managing director, Taro Shimada.


New President Shimada said, "First, we will build a strong relationship of trust with all stakeholders," and expressed his intention to work on improving relationships with shareholders.

Toshiba has shown an unusual policy of splitting the company in order to increase corporate value, but Mr. Tsunakawa, the president, will retire at the board of directors meeting on March 1, and Mr. Shimada, the senior managing director, will be promoted to succeed. I decided.



The two held a press conference on the 1st, and Mr. Tsunakawa, who retired, promised that "when he took office, he promised that he would fulfill his duties as soon as possible and pass it on to the next generation." It was decided to proceed and I was able to take over with confidence. "



"Some shareholders said that it would be difficult to decide for or against a plan such as a company split unless they know who will be the leader in the new system."



Regarding Toshiba's split policy, management confusion continues, with shareholders who say things repelling and being forced to change the content on the way.



Regarding this, new president Shimada said, "The first thing to do is to build a strong relationship of trust with all stakeholders, including shareholders, customers and employees," and expressed his intention to work on improving relationships with shareholders.



He also stated that the division policy was "not at the stage of considering a review," and emphasized the idea of ​​gaining understanding from the current content.