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    6502   JP3592200004

TOSHIBA CORPORATION

(6502)
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Toshiba : Four Toshiba board members say withdraw support for full slate of director candidates

06/11/2021 | 10:14am EDT

TOKYO (Reuters) - Four members of the Toshiba Corp board on Friday said they were no longer in support of the full slate of director candidates nominated by the company for its upcoming shareholders meeting.

The four released a statement following an explosive shareholder-commissioned investigation that accused Toshiba and the government of colluding to pressure foreign investors.

"The report made clear that certain members of the management and board took actions that were unacceptable and directly against the interests of our shareholders," the four said in their statement.

"We are no longer in support of the full slate of director candidates which were nominated by Toshiba for the upcoming AGM," they said.  

(Reporting by Makiko Yamazaki; Editing by David Dolan)


© Reuters 2021
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Financials
Sales 2021 3 076 B 27 897 M 27 897 M
Net income 2021 84 063 M 762 M 762 M
Net Debt 2021 70 157 M 636 M 636 M
P/E ratio 2021 25,7x
Yield 2021 1,03%
Capitalization 2 167 B 19 655 M 19 653 M
EV / Sales 2021 0,73x
EV / Sales 2022 0,72x
Nbr of Employees 125 648
Free-Float 93,4%
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Technical analysis trends TOSHIBA CORPORATION
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Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 4 753,50 JPY
Last Close Price 4 775,00 JPY
Spread / Highest target 14,2%
Spread / Average Target -0,45%
Spread / Lowest Target -17,7%
EPS Revisions
Managers and Directors
NameTitle
Masayoshi Hirata Chief Financial Officer & Head-Accounting
Satoshi Tsunakawa President & Chief Executive Officer
Keiichi Yumita Head-Information Systems
Yutaka Sata Vice President-Research & Development
Yoshimitsu Kobayashi Independent Outside Director
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