Toshiba has announced that it will solicit proposals from outside, such as investment funds, for strategies to increase corporate value, as management turmoil continues due to conflicts with shareholders.
Shareholders have repeatedly rebelled against the strategies that the company has made so far, and it seems that the aim is to end the confusion by accepting external proposals.
Toshiba has put together a strategy to split the company into two and sell the elevator and lighting businesses in a way that separates the semiconductor business in order to increase corporate value, but it was rejected at the shareholders' meeting last month and announced that it would rethink the strategy. was doing.
On the 21st, Middle Toshiba announced that it would solicit proposals for strategies from outside such as investment funds and financial institutions.
The proposal to solicit includes making the company an "unlisted company", and it is extremely unusual to solicit important management strategies from outside the company.
First, we will accept proposals in a non-legally binding manner, and after the shareholders' meeting scheduled for June, we will solicit more specific proposals with legal binding and narrow down the candidates.
Shareholders who say things are repeatedly repelling the strategies that the company has created so far, such as splitting the company into two, and it seems that the aim is to end the management turmoil by accepting external proposals.
Since Toshiba has nuclear power and defense-related businesses, acquisitions by foreign capital are expected to be subject to certain restrictions, and it is also the focus that proposals that clear these issues will be presented.