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You are here: Home / Archives for Olympus

Olympus

Massive $6.3 Billion Writedown is Tanking Toshiba, Could It Collapse?

February 15, 2017 by Ted 2 Comments

Logo on Toshiba buildingToshiba Corp. announced yesterday that it will take a $6.3 billion writedown to account for the meltdown of its nuclear division. This amount of writedown is much higher than the markets had anticipated, forcing Toshiba into crisis mode having to secure lending commitments from their banks, reorganize their nuclear division, and sell assets to offset their losses.

Is Toshiba near the tipping point?… [Read more…] about Massive $6.3 Billion Writedown is Tanking Toshiba, Could It Collapse?

Filed Under: Asian Connection, Financial, Management, News, Pivot Point, Strategy Tagged With: Bloomberg, Kanebo, Livedoor, Mitsubishi Motors, Nikkei, Olympus, Panasonic, Sony, Tepco, Toshiba, writedown, Yamaichi Securities

Try as It Might, Toshiba Can’t Seem to Turn the Page

September 9, 2015 by Ted 1 Comment

Toshiba signOn Monday, Toshiba released their twice-delayed final financial data for the last fiscal year (ended March 2015) in what it undoubtedly hoped would be the first step to turning the page from a scandal-racked year. But forces out of their control conspire to keep them in the hot seat – with a regulatory agency threatening large fines and a major shareholder demanding the company sue its former executives.

It looks like Toshiba’s troubles will continue… [Read more…] about Try as It Might, Toshiba Can’t Seem to Turn the Page

Filed Under: Asian Connection, Financial, Law, Management, Manufacturers, News, Pivot Point Tagged With: Olympus, Toshiba

Toshiba’s Troubles Hit Tipping Point

July 16, 2015 by Ted Leave a Comment

BREAKING NEWS

Reports Say CEO is Out; Board of Directors Faces Massive Overhaul

Toshiba logoWhen Japan Prime Minister Shinzo Abe announced an initiative to tighten up corporate oversight he couldn’t possibly have known that his administration’s first catch might be his biggest – Toshiba Corp. Toshiba, one of the largest and most respected companies in Japan, is being investigated for what many sources are calling one of Japan’s worst accounting scandals.

See what is coming for this titan of Japanese industry… [Read more…] about Toshiba’s Troubles Hit Tipping Point

Filed Under: Asian Connection, Brands, Financial, Management, Manufacturers, News, Pivot Point Tagged With: Fukushima, nuclear, Olympus, Toshiba

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Ted Green Bio

A former dealer, installer, manufac-turer, distributor & more. With a focus on business strategy, my goal is to help you make better decisions for more success.

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