Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Toshiba Corporation    6502   JP3592200004

TOSHIBA CORPORATION

(6502)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Toshiba : and transcosmos Agree to Share Transfer of Company Established for Business Split From Toshiba Human Asset Service Corporation

share with twitter share with LinkedIn share with facebook
09/09/2019 | 10:53am EDT

TOKYO-Toshiba Corporation (TOKYO: 6502) and transcosomos inc. (TOKYO: 9715) have agreed to transfer to transcosmos 80.1% shares of a company established to facilitate the split off from Toshiba Human Asset Service Corporation (hereinafter HAS) of business related to human resources and labor management for Toshiba Group.

The transfer will take place on November 1, 2019.

HAS, a wholly owned subsidiary of Toshiba, is a shared-service provider that supports Toshiba Group in areas that include human resources and labor management, international staff support operation, and promotion of occupational health and safety. After deciding to split off and transfer HAS's human resources and labor management operations, Toshiba established a new company as the vehicle for the transaction, and transcosmos will acquire 80.1% of the shares of the company on November 1.

Founded in 1966, transcosmos brings highly skilled personnel and advanced technology to the provision of BPO services that encompass human resources, accounting, sales, purchasing, SCM and design. Acquiring the shares of the new company will allow transcosmos to combine its own capabilities with those cultivated by HAS, and to provide Toshiba Group with more efficient, better quality services.

Contact:

Tel: +81-3-3457-2096

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
TOSHIBA CORPORATION 2.04% 3500 End-of-day quote.-5.53%
TRANSCOSMOS INC. 0.75% 2428 End-of-day quote.-18.19%
share with twitter share with LinkedIn share with facebook
Latest news on TOSHIBA CORPORATION
01:36aSharp says sticking to plans to list Dynabook PC unit in FY2021
RE
07/02Japan's Sharp Corp may move up Dynabook PC unit IPO - Nikkei
RE
06/30EDF, other firms launch new nuclear plans for UK Cumbria site
RE
06/22GLOBAL MARKETS LIVE: New details emerge on the Wirecard scandal
06/22TOSHIBA : Response to COVID-19
AQ
06/22TOSHIBA : Nominates Highly-Qualified Slate of Directors, Issues Public Sharehold..
PU
06/21TOSHIBA : plans to sell down Kioxia stake, return much of proceeds to shareholde..
RE
06/21TOSHIBA : to relocate its Hydrogen Energy Product Site
PU
06/19TOSHIBA : to gradually sell Kioxia stake after ex-chip unit's IPO - sources
RE
06/19TOSHIBA : to gradually sell stake in Kioxia after ex-chip unit's IPO - sources
RE
More news
Financials
Sales 2020 3 410 B 31 727 M 31 727 M
Net income 2020 -124 470 M -1 158 M -1 158 M
Net cash 2020 509 B 4 733 M 4 733 M
P/E ratio 2020 -13,1x
Yield 2020 0,76%
Capitalization 1 588 B 14 766 M 14 770 M
EV / Sales 2019
EV / Sales 2020 0,32x
Nbr of Employees 132 000
Free-Float 90,7%
Chart TOSHIBA CORPORATION
Duration : Period :
Toshiba Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOSHIBA CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 3 805,00 JPY
Last Close Price 3 500,00 JPY
Spread / Highest target 48,6%
Spread / Average Target 8,71%
Spread / Lowest Target -11,4%
EPS Revisions
Managers
NameTitle
Nobuaki Kurumatani President, CEO & Representative Director
Satoshi Tsunakawa Chairman
Masayoshi Hirata Chief Financial Officer & Head-Accounting
Keiichi Yumita Head-Information Systems
Yutaka Sata Vice President-Research & Development
Sector and Competitors
1st jan.Capitalization (M$)
TOSHIBA CORPORATION-5.53%14 766
HONEYWELL INTERNATIONAL INC.-18.07%101 782
SIEMENS AG-9.01%94 721
3M COMPANY-10.99%90 329
GENERAL ELECTRIC COMPANY-38.89%59 655
ILLINOIS TOOL WORKS INC.-2.80%55 162