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    6502   JP3592200004

TOSHIBA CORPORATION

(6502)
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Toshiba : Notice on Management Policy for the Next Mid-term Plan

05/14/2021 | 10:41am EDT

May 14, 2021

Toshiba Corporation

FOR IMMEDIATE RELEASE

Notice on Management Policy for the Next Mid-term Plan

TOKYO- Satoshi Tsunakawa was appointed Representative Executive Officer, President and CEO of Toshiba Corporation (TOKYO: 6502) at the Board of Directors meeting on April 14. Following this management change, Toshiba has released the attached Management Policy for the Next Mid-term Plan for the press briefing scheduled for later today.

# # #

Management Policy for the Next Mid-term Plan

May 14, 2021

Satoshi Tsunakawa

President & CEO

Toshiba Corporation

© 2021 Toshiba Corporation

Forward-looking Statements

  • This presentation contains forward-looking statements concerning future plans, strategies, and the performance of Toshiba Group.
  • These statements are not historical facts; rather, they are based on assumptions and judgments formed by the management of Toshiba Group in light of currently available information. They include items which have not been finalized at this point and future plans which have yet to be confirmed or require further consideration.
  • Since Toshiba Group promotes business in various market environments in many countries and regions, its activities are subject to a number of risks and uncertainties which include, but are not limited to, those related to economic conditions, worldwide mega-competition in the electronics business, customer demand, foreign currency exchange rates, tax and other regulations, geopolitical risk, and natural disasters. Toshiba therefore wishes to caution readers that actual results may differ from our expectations. Please refer to the annual securities report (Yuukashoken houkokusho) and the quarterly securities report (shihanki houkokusho) (both issued in Japanese only) for detailed information on Toshiba Group's business risk.
  • Toshiba's fiscal year runs from April 1 to March 31. All figures are consolidated totals for 12 months, unless stated otherwise.
  • Results in segments have been reclassified to reflect the current organizational structure, unless stated otherwise.
  • Since Toshiba is not involved in the management of Kioxia Holdings (former Toshiba Memory Holdings, hereinafter "Kioxia") and is not provided any forecasted business results, Toshiba Group's forward- looking statements concerning financial conditions, results of operations, and cash flows do not include the impact of Kioxia.

© 2021 Toshiba Corporation

2

Upon Appointment of CEO

Rebuild Trust: Improve Relationships with All Stakeholders

To Retain

To Amend

To Improve

Significantly

Basic Commitment of the

Toshiba Group, Purpose,

Revise plans in response

Dialogue with

and Values

to changes in the

Stakeholders

The Concept of Toshiba

environment

Next Plan

© 2021 Toshiba Corporation

3

1.To Retain

© 2021 Toshiba Corporation

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Toshiba Corporation published this content on 14 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2021 14:40:07 UTC.


© Publicnow 2021
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Sales 2021 3 076 B 27 795 M 27 795 M
Net income 2021 84 063 M 760 M 760 M
Net Debt 2021 70 157 M 634 M 634 M
P/E ratio 2021 25,9x
Yield 2021 1,02%
Capitalization 2 185 B 19 725 M 19 746 M
EV / Sales 2021 0,73x
EV / Sales 2022 0,72x
Nbr of Employees 125 648
Free-Float 93,4%
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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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