[Global Network reporter Wang Huan, a comprehensive report reporter] According to a report from the Japan Kyodo News Agency, the Toshiba company, which is in the process of restructuring, said on the 9th that its computer and TV business, which has continued to suffer from sluggish performance, will take the withdrawal business into consideration and make thorough adjustments. In order to avoid a situation in which two consecutive years of insolvency have caused delisting and delisting, Toshiba is also exploring ways to enhance the capital structure of its main body and has initiated coordination with major trading banks. Chief Financial Officer (CFO) Hiroshi Masuda held a press conference in the Tokyo metropolitan area, stressing that "the profitability will be checked without exception."
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Toshiba plans to no longer serve as an advertising sponsor for the Japanese national animated Miss Conch, which has been broadcasting for about 48 years so far, and to reconsider corporate sports activities. It will conduct extensive research.
Toshiba is known for selling the world’s first laptop, and TV business is also quite historical. If you continue to withdraw from these businesses after continuing to sell white goods to Chinese companies, the business for ordinary consumers will be almost non-existent, and the social infrastructure and energy, etc., will become more profitable for the corporate business.
Due to huge losses in the U.S. nuclear power business, the financial aspect is still in a deteriorating situation. The insolvency of debt over assets will be estimated to be around 750 billion yen (about 44 billion yuan) by the end of March next year. Toshiba intends to sell the semiconductor subsidiary "Toshiba Memory" (Tokyo) to the U.S.-Japan-US-Korea consortium led by the U.S. fund Bain Capital with an amount of 2 trillion yen to eliminate insolvency.
However, affected by the review of the "Anti-Monopoly Law," it is increasingly "commonly believed that the time for completion of the sale will not be able to catch up" (the top bank's high-level language) will be at the end of March next year. Ping Tian said: "Because of environmental changes, the working group is being formed to study capital policies. According to related sources, it is currently discussing the acceptance of investment funds or the implementation of public offerings. If coordination is difficult, converting some of the major banks’ borrowings into non-voting preferred stocks may also be an option.
Hirata said that in addition to advertising campaigns, teams such as football and baseball are "as part of structural reforms and are verifying whether there is an effect commensurate with funding." Toshiba Baseball Division won the championship seven times in the Japanese city baseball competition, and the Rugby Division is also known as a first-class team.
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