:Toshiba

{{Nihongo|Tanaka Seisakusho|田中製作所||Tanaka Engineering Works}} was the first company established by Tanaka Hisashige (1799–1881), one of the most original and productive inventor-engineers during the Tokugawa / Edo period. Established on 11 July 1875,{{Cite news|date=21 July 2015|title=Toshiba chief executive resigns over scandal|language=en-GB|work=BBC News|url=https://www.bbc.com/news/business-33605638|access-date=14 June 2021}}{{Cite web|title=Toshiba Science Museum : Tokyo Period|url=https://toshiba-mirai-kagakukan.jp/en/learn/history/toshiba_history/spirit/hisashige_tanaka/p01_5.htm|access-date=14 June 2021|website=toshiba-mirai-kagakukan.jp}} it was the first Japanese company to manufacture telegraph equipment. It also manufactured switches, and miscellaneous electrical and communications equipment.

The company was inherited by Tanaka's adopted son, and later became half of the present Toshiba company. Several people who worked at Tanaka Seisakusho or who received Tanaka's guidance at a Kubusho (Ministry of Industries) factory later became pioneers themselves. These included {{ill|Miyoshi Shōichi|jp|三吉正一}} who helped {{ill|Fujioka Ichisuke|jp|藤岡市助}} make the first power generator in Japan and to establish a company, Hakunetsusha to make bulbs; Oki Kibatarō, the founder of the present Oki Denki (Oki Electric Industry); and Ishiguro Keizaburō, a co-founder of the present Anritsu.{{Cite book |last=Odagiri |first=Hiroyuki |title=Technology and Industrial Development in Japan |publisher=Clarendon Press, Oxford |year=1996 |isbn=0-19-828802-6 |page=158}}

After the demise of the founder in 1881, Tanaka Seisakusho became partly owned by General Electric and expanded into the production of torpedoes and mines at the request of the Imperial Japanese Navy, to become one of the largest manufacturing companies of the time; however, as the Navy started to use competitive bids and then build its own works, the demand decreased substantially and the company started to lose money. The main creditor to the company, Mitsui Bank, took over the insolvent company in 1893 and renamed it Shibaura Seisakusho (Shibaura Engineering Works).

{{Nihongo|Shibaura Seisakusho|芝浦製作所||Shibaura Engineering Works}} was the new name given to Tanaka Seisakusho after it was declared insolvent in 1893 and taken over by Mitsui Bank. In 1910, it formed a tie-up with General Electric (GE), which, in exchange for technology, acquired about a quarter of the shares of Shibaura. The relation with GE continued until the beginning of World War II and resumed in 1953 with GE's 24 percent shareholding in the successor company, Tokyo Shibaura Denki. This percentage decreased substantially since then.

{{Nihongo|Hakunetsusha|白熱舎}} was a company established by Miyoshi Shōichi and {{ill|Fujioka Ichisuke|ja|藤岡市助|vertical-align=sup}}, two of Japan's industrial pioneers during the Tokugawa / Edo period. It specialized in the manufacturing of lightbulbs. The company was established in 1890 and started out by selling bulbs using bamboo filaments; however, following the opening up of trade with the West through the Unequal treaty, Hakunetsusha met with fierce competition from imports. Its bulb cost about 60 percent more than the imports and the quality was poorer.

The company managed to survive with the booms after the First Sino-Japanese War of 1894–95 and the Russo-Japanese War of 1904–05, but afterward its financial position was precarious. In 1905, the company was renamed Tokyo Denki (Tokyo Electric) and entered into a financial and technological collaboration with General Electric of the US. General Electric acquired 51 percent share of ownership, sent a vice president, and provided the technology for bulb-making. Production equipment was bought from GE and Tokyo Denki soon started selling its products with GE's trademark.

File:Toshiba Vacuum tube Radio.jpg

Toshiba was founded in 1939 by the merger of Shibaura Seisakusho[http://www.shibaura.co.jp/e/company/history.html Corporate History | Shibaura Mechatronics Corporation]. Shibaura.co.jp. Retrieved on 26 July 2013. and Tokyo Denki. The merger of Shibaura and Tokyo Denki created a new company called Tokyo Shibaura Denki (Tokyo Shibaura Electric) ({{lang|ja-Hani|東京 芝浦 電気}}). It was soon nicknamed Toshiba, but it was not until 1978 that the company was officially renamed Toshiba Corporation.{{Citation needed|date=December 2023}} The company was listed on the Tokyo Stock Exchange in May 1949.{{Cite news |date=20 December 2023 |title=Toshiba Delisted After 74 Years, Goes Private |website=Nasdaq |publisher=RTTNews |url=https://www.nasdaq.com/articles/toshiba-delisted-after-74-years-goes-private}}

File:Expo85 toshiba.jpg]]

The group expanded rapidly, driven by a combination of organic growth and by acquisitions, buying heavy engineering, and primary industry firms in the 1940s and 1950s. Groups created include Toshiba Music Industries/Toshiba EMI (1960), Toshiba International Corporation (the 1970s), Toshiba Electrical Equipment (1974), Toshiba Chemical (1974), Toshiba Lighting and Technology (1989), Toshiba America Information Systems (1989) and Toshiba Carrier Corporation (1999). The first mini-split ductless air conditioner was sold in 1961 by Toshiba in Japan.{{Cite web|url=https://shouene-kaden.net/try/kaden/air-con.html#:~:text=1953%E5%B9%B4%20%E6%97%A5%E6%9C%AC%E5%88%9D%E3%81%AE,%E5%88%9D%E3%82%81%E3%81%A6%E7%94%9F%E7%94%A3%E3%81%95%E3%82%8C%E3%81%BE%E3%81%97%E3%81%9F%E3%80%82|title=エアコンの歴史とヒミツ | 調べよう家電と省エネ | キッズ版 省エネ家電 de スマートライフ（一般財団法人 家電製品協会） 学ぼう！スマートライフ|website=shouene-kaden.net|access-date=2024-01-21|archive-date=2022-09-07|archive-url=https://web.archive.org/web/20220907192752/https://shouene-kaden.net/try/kaden/air-con.html#:~:text=1953%E5%B9%B4%20%E6%97%A5%E6%9C%AC%E5%88%9D%E3%81%AE,%E5%88%9D%E3%82%81%E3%81%A6%E7%94%9F%E7%94%A3%E3%81%95%E3%82%8C%E3%81%BE%E3%81%97%E3%81%9F%E3%80%82|url-status=live}}

Toshiba is responsible for a number of Japanese firsts, including radar (1912){{Citation needed|reason=1912 is earlier than both Toshiba and Japan claim to have developed radar, should this be 1942?|date=May 2022}}, the TAC digital computer (1954), transistor television, color CRTs{{Cite web |title=Toshiba : Press Releases 21 December, 1995 |url=https://www.toshiba.co.jp/about/press/1995_12/pr2101.htm |website=www.toshiba.co.jp}} and microwave oven (1959), color video phone (1971), Japanese word processor (1978), MRI system (1982), personal computer Pasopia (1981), laptop personal computer (1986), NAND EEPROM (1991), DVD (1995), the Libretto sub-notebook personal computer (1996) and HD DVD (2005). In 1977, Toshiba acquired the Brazilian company Semp (Sociedade Eletromercantil Paulista), subsequently forming Semp Toshiba through the combination of the two companies' South American operations.

File:TOSHIBA Logo 1950.svg File:TOSHIBA Logo 1969.svg

File:Toshiba logo.svg

In 1987, Toshiba Machine, a subsidiary of Toshiba, was accused of illegally selling CNC milling machines used to produce very quiet submarine propellers to the Soviet Union in violation of the CoCom agreement, an international embargo on certain countries to COMECON countries. The Toshiba-Kongsberg scandal involved a subsidiary of Toshiba and the Norwegian company Kongsberg Vaapenfabrikk. The incident strained relations between the United States and Japan, and resulted in the arrest and prosecution of two senior executives, as well as the imposition of sanctions on the company by both countries.{{Cite news |last=Seeman |first=Roderick |date=April 1987 |title=Toshiba Case—CoCom – Foreign Exchange and Foreign Trade Control Revision |publisher=The Japan Lawletter |url=http://japanlaw.info/lawletter/april87/fdf.htm |url-status=dead |access-date=18 September 2007 |archive-url=https://web.archive.org/web/20070927102631/http://japanlaw.info/lawletter/april87/fdf.htm |archive-date=27 September 2007 }} Senator John Heinz of Pennsylvania said: "What Toshiba and Kongsberg did was ransom the security of the United States for $517 million."

File:TOSHIBA JW-10.JPG Toshiba JW-10 (1979)]]

File:Toshibo-Nuon-SD-2300-DVD-Player-Front-1.jpg, an obscure DVD/Console hybrid, manufactured by Toshiba in 2000.]]

In 2001, Toshiba signed a contract with Orion Electric, one of the world's largest OEM consumer video electronic makers and suppliers, to manufacture and supply finished consumer TV and video products for Toshiba to meet the increasing demand for the North American market. The contract ended in 2008, ending seven years of OEM production with Orion.

In December 2004, Toshiba quietly announced it would discontinue manufacturing traditional in-house cathode-ray tube (CRT) televisions. In 2005, Matsushita Toshiba Picture Display Co. Ltd. (a joint venture between Panasonic and Toshiba created in 2002{{Cite web |last=Administrator |first=System |date=13 October 2002 |title=Consolidating CRTs |url=https://www.theengineer.co.uk/consolidating-crts/ |access-date=8 January 2020 |archive-date=10 August 2020 |archive-url=https://web.archive.org/web/20200810162529/https://www.theengineer.co.uk/consolidating-crts/ |url-status=dead }}) stopped production of CRTs at its factory in Horseheads, New York. A year later, in 2006, it stopped production at its Malaysian factory, following heavy losses.{{Cite web |last=Williams |first=Martyn |date=27 July 2006 |title=Panasonic-Toshiba venture to shut Malaysia CRT plant |url=https://www.networkworld.com/article/2305303/panasonic-toshiba-venture-to-shut-malaysia-crt-plant.html |website=Network World}}{{Cite web |last=Staff |first=C. I. O. |date=27 July 2006 |title=Panasonic-Toshiba Venture to Shutter Malaysia CRT Plant |url=https://www.cio.com/article/2445309/panasonic-toshiba-venture-to-shutter-malaysia-crt-plant.html |website=CIO |access-date=8 January 2020 |archive-date=21 October 2020 |archive-url=https://web.archive.org/web/20201021052759/https://www.cio.com/article/2445309/panasonic-toshiba-venture-to-shutter-malaysia-crt-plant.html |url-status=dead }}{{Cite web |title=Hitachi, Matsushita, Toshiba cement LCD venture plan {{pipe}} ITworld |url=https://www.itworld.com/article/2811895/hitachi--matsushita--toshiba-cement-lcd-venture-plan.amp.html |website=www.itworld.com |access-date=4 January 2020 |archive-date=13 May 2020 |archive-url=https://web.archive.org/web/20200513103100/https://www.itworld.com/article/2811895/hitachi--matsushita--toshiba-cement-lcd-venture-plan.amp.html |url-status=dead }} In 2006, Toshiba terminated sales of CRT TVs in Japan{{Cite web |title=Toshiba to end CRT TV sales in Japan, rebrand LCD range |url=https://www.arnnet.com.au/article/151248/toshiba_end_crt_tv_sales_japan_rebrand_lcd_range/ |website=ARN}} and production of in-house plasma TVs. To ensure its future competitiveness in the flat-panel digital television and display market, Toshiba has made a considerable investment in a new kind of display technology called SED. This technology was never sold to the public, as it was not price-competitive with LCDs. Toshiba sold its share in SED Inc. to Canon after Nano-Proprietary, which owns several patents related to SED technology, claimed SED Inc. was not a subsidiary of Canon.{{cite web |title=Updated: Patent dispute breaks up SED joint venture |url=https://www.eetimes.com/updated-patent-dispute-breaks-up-sed-joint-venture/ |website=EE Times |date=12 January 2007 |publisher=AspenCore, Inc. |access-date=16 December 2022}}

Before World War II, Toshiba was a member of the Mitsui Group zaibatsu (family-controlled vertical monopoly). Today Toshiba is a member of the Mitsui keiretsu (a set of companies with interlocking business relationships and shareholdings), and still has preferential arrangements with Mitsui Bank and the other members of the keiretsu. Membership in a keiretsu has traditionally meant loyalty, both corporate and private, to other members of the keiretsu or allied keiretsu. This loyalty can extend as far as the beer the employees consume, which in Toshiba's case is Asahi.

In July 2005, BNFL confirmed it planned to sell Westinghouse Electric Company, then estimated to be worth $1.8 billion (£1 billion).{{Cite news |date=1 July 2004 |title=BNFL plans to sell Westinghouse |work=BBC News |url=http://news.bbc.co.uk/1/hi/business/4640411.stm |access-date=11 June 2007}} The bid attracted interest from several companies including Toshiba, General Electric and Mitsubishi Heavy Industries and when the Financial Times reported on 23 January 2006 that Toshiba had won the bid, it valued the company's offer at $5 billion (£2.8 billion). The sale of Westinghouse by the Government of the United Kingdom surprised many industry experts, who questioned the wisdom of selling one of the world's largest producers of nuclear reactors shortly before the market for nuclear power was expected to grow substantially; China, the United States and the United Kingdom were all expected to invest heavily in nuclear power.{{Cite news |date=23 January 2004 |title=BNFL to sell US power plant arm |work=BBC News |url=http://news.bbc.co.uk/1/hi/business/4638960.stm |access-date=11 June 2007}} The acquisition of Westinghouse for $5.4 billion was completed on 17 October 2006, with Toshiba obtaining a 77 percent share, and partners The Shaw Group a 20 percent share and Ishikawajima-Harima Heavy Industries Co. Ltd. a 3 percent share.

In late 2007, Toshiba took over from Discover Card as the sponsor of the top-most screen of One Times Square in New York City.{{Cite news |date=3 December 2007 |title=Back in Times Square, Toshiba Stands Tall |work=The New York Times |url=https://www.nytimes.com/2007/12/03/business/worldbusiness/03toshiba.html |access-date=20 November 2011}} It displays the iconic 60-second New Year's countdown on its screen, as well as messages, greetings, and advertisements for the company. The sponsor of the New Year's countdown was taken over by Capital One on 31 December 2018. In January 2009, Toshiba acquired the HDD business of Fujitsu.{{Cite press release |title=Toshiba and Fujitsu reach HDD deal: Nikkei |date=14 January 2009 |publisher=Reuters |url=https://www.reuters.com/article/innovationNews/idUSTRE50D5LN20090114 |access-date=14 January 2009}}{{Cite magazine |date=17 February 2009 |title=Toshiba to Acquire Fujitsu's Hard-disk Drive Business |url=http://www.pcworld.com/article/159631/article.html |magazine=PC World |access-date=24 December 2012}}

Toshiba announced on 16 May 2011, that it had agreed to acquire all of the shares of the Swiss-based advanced-power-meter maker Landis+Gyr for $2.3 billion.{{Cite news |date=20 May 2011 |title=Toshiba to Buy Swiss Power Meter Maker |work=The Wall Street Journal |url=http://online.wsj.com/article/SB10001424052748704904604576332501074832920.html |access-date=20 May 2011}} In 2010 the company released a series of television models including the WL768, YL863, VL963 designed in collaboration with Danish designer Timothy Jacob Jensen.{{Cite web |title=Toshiba's Jacob Jensen Design TVs |url=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1284471787 |website=Flat Panel| date=2 September 2010 }}

In April 2012, Toshiba agreed to acquire IBM's point-of-sale business for $850 million, making it the world's largest vendor of point-of-sale systems.{{Cite news |date=18 April 2012 |title=Toshiba in $850m deal to buy IBM's point-of-sale unit |work=BBC News |url=https://www.bbc.co.uk/news/business-17751813 |access-date=24 December 2012}}{{Cite news |date=16 April 2012 |title=Toshiba to buy IBM's point-of-sale terminal business |work=Reuters |url=https://www.reuters.com/article/nikkei-idUSL3E8FGA1A20120416 |access-date=24 December 2012}}

In July 2012, Toshiba was accused of fixing the prices of LCD panels in the United States at a high level. While such claims were denied by Toshiba,{{Cite news |date=4 July 2012 |title=Toshiba |url=https://www.bbc.co.uk/news/business-18700689}} they agreed to settle alongside several other manufacturers for a total of $571 million.{{Cite news |date=12 July 2012 |title=Toshiba |url=http://www.crn.com/news/mobility/240003498/toshiba-lg-au-optronics-to-settle-lcd-price-fixing-case.htm}} In December 2013, Toshiba completed its acquisition of Vijai Electricals Limited plant at Hyderabad and set up its own base for manufacturing of transmission and distribution products (transformers and switchgears) under the Social Infrastructure Group in India as Toshiba Transmission & Distribution Systems (India) Private Limited.

In January 2014, Toshiba completed its acquisition of OCZ Storage Solutions.{{Cite magazine |last=Martyn Williams @martyn_williams |title=It's official: Toshiba owns OCZ's SSD business |url=http://www.pcworld.com/article/2090061/toshiba-completes-acquisition-of-ocz-storage.html |magazine=PCWorld |access-date=20 March 2014}} OCZ Technology stock was halted on 27 November 2013. OCZ then stated they expected to file a petition for bankruptcy and that Toshiba Corporation had expressed interest in purchasing its assets in a bankruptcy proceeding.{{Cite web |last=Kristian Vättö |date=27 November 2013 |title=OCZ Files for Bankruptcy – Toshiba Offers to Buy the Assets |url=http://www.anandtech.com/show/7549/ocz-files-for-bancrupty-toshiba-offers-to-buy-the-assets |access-date=27 November 2013 |website=Anand Tech}}{{Cite news |date=27 November 2013 |title=OCZ Filing for Bankruptcy, Announces Offer From Toshiba to Purchase Assets |work=Press release |url=http://ir.ocz.com/news/detail/3004/ocz-filing-for-bankruptcy-announces-offer-from-toshiba-to-purchase-assets |url-status=dead |access-date=3 December 2013 |archive-url=https://web.archive.org/web/20131130213359/http://ir.ocz.com/news/detail/3004/ocz-filing-for-bankruptcy-announces-offer-from-toshiba-to-purchase-assets |archive-date=30 November 2013 }} On 2 December 2013, OCZ announced Toshiba had agreed to purchase nearly all of OCZ's assets for $35 million.{{Cite press release |title=OCZ Reaches Agreement With Toshiba Corporation to Acquire Solid State Drive Business |date=2 December 2013 |publisher=OCZ Technology |location=San Jose, California |url=http://ir.ocz.com/news/detail/3014/ocz-reaches-agreement-with-toshiba-corporation-to-acquire-solid-state-drive-business |access-date=3 December 2013 |archive-url=https://web.archive.org/web/20131204202022/http://ir.ocz.com/news/detail/3014/ocz-reaches-agreement-with-toshiba-corporation-to-acquire-solid-state-drive-business |archive-date=4 December 2013 |url-status=dead }} The deal was completed on 21 January 2014 when the assets of OCZ Technology Group became a new independently operated subsidiary of Toshiba named OCZ Storage Solutions.{{Cite web |date=21 January 2014 |title=Toshiba Corporation Completes Acquisition of OCZ Technology Group's Assets and Launches New Subsidiary, OCZ Storage Solutions |url=http://www.financialpost.com/markets/news/Toshiba+Corporation+Completes+Acquisition+Technology+Group+Assets/9414016/story.html |access-date=22 January 2014 |publisher=Financial Post}} OCZ Technology Group then changed its name to ZCO Liquidating Corporation;{{Cite web |date=21 January 2014 |title=Form 8-K |url=https://www.sec.gov/Archives/edgar/data/1355128/000119312514022190/d667358d8k.htm |access-date=20 May 2017}} on 18 August 2014, ZCO Liquidating Corporation and its subsidiaries were liquidated.{{Cite web |date=30 July 2014 |title=Form 8-K |url=https://www.sec.gov/Archives/edgar/data/1355128/000119312514313511/d775256d8k.htm |access-date=20 May 2017}} OCZ Storage Solutions was dissolved on 1 April 2016 and absorbed into Toshiba America Electronic Components, Inc.,{{Cite web |title=OCZ Storage Solutions – A Toshiba Group Company |url=http://ocz.com/ |access-date=26 April 2016}}{{Cite news |last=Valich |first=Theo |date=6 April 2016 |title=Toshiba Rebrands OCZ Storage Solutions |work=VR-World |url=http://vrworld.com/2016/04/06/toshiba-rebrands-ocz/ |access-date=26 April 2016}} with OCZ becoming a brand of Toshiba.

In March 2014, Toshiba sued SK Hynix, accusing the company of stealing technology of its NAND flash memory.{{Cite news |date=13 March 2014 |title=Toshiba Sues SK Hynix Over Chip Secrets |work=The Wall Street Journal |url=https://www.wsj.com/articles/SB10001424052702304914904579438003353462702 |access-date=19 March 2014}} In the late same year, the two companies settled with a deal in which SK Hynix pays US$278 million to Toshiba.{{Cite web |title=SK Hynix to pay Toshiba $278M in flash memory suit |url=https://asia.nikkei.com/Business/SK-Hynix-to-pay-Toshiba-278M-in-flash-memory-suit |access-date=27 July 2020 |website=Nikkei Asian Review |language=en-GB}} Toshiba had sued Hynix in the early 2000s for patent infringement.{{Cite web |date=24 March 2006 |title=Toshiba wins chip patent suit against Hynix |url=https://www.ft.com/content/e12b5cbc-bb29-11da-8f51-0000779e2340 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/e12b5cbc-bb29-11da-8f51-0000779e2340 |archive-date=10 December 2022 |url-access=subscription |access-date=27 July 2020 |website=www.ft.com |language=en-GB}} In October 2014, Toshiba and United Technologies agreed a deal to expand their joint venture outside Japan.{{Cite press release |title=Toshiba and United Technologies ink deal to expand outside Japan |date=16 October 2014 |publisher=Reuters |url=https://www.reuters.com/article/us-toshiba-deal-idUSKCN0I52VH20141016}}

Toshiba first announced in May 2015 that it was investigating an accounting scandal and it might have to revise its profits for the previous three years.{{Cite news |last1=Ando |first1=Ritsuko |last2=Gallagher |first2=Chris |date=8 May 2015 |title=Toshiba cancels dividend, pulls outlook in accounting scandal |work=Reuters |url=https://www.reuters.com/article/us-toshiba-outlook-idUSKBN0NT0NN20150508 |access-date=15 May 2015}}{{Cite news |last1=Ando |first1=Ritsuko |last2=Sano |first2=Hideyuki |last3=Desai |first3=Umesh |date=14 May 2015 |title=Toshiba eyes three-year profit markdown in accounts probe; impact seen limited, shares up |work=Reuters |url=https://www.reuters.com/article/us-toshiba-outlook-idUSKBN0NY2S020150514 |access-date=15 May 2015}} On 21 July 2015, CEO Hisao Tanaka announced his resignation amid an accounting scandal that he called "the most damaging event for our brand in the company's 140-year history". Profits had been inflated by $1.2 billion over the previous seven years.{{Cite web |date=22 July 2015 |title=Toshiba CEO quits over $1.2 billion accounting scandal |url=https://www.youtube.com/watch?v=fWOPuca6UjE |archive-url=https://ghostarchive.org/varchive/youtube/20211211/fWOPuca6UjE| archive-date=11 December 2021 |url-status=live|publisher=CNN}}{{cbignore}} Eight other senior officials also resigned, including the two previous CEOs.{{Cite web |date=21 July 2015 |title=Toshiba CEO resigns over faked profits |url=https://www.youtube.com/watch?v=iupPUdScSyU |archive-url=https://ghostarchive.org/varchive/youtube/20211211/iupPUdScSyU| archive-date=11 December 2021 |url-status=live|access-date=22 July 2015 |website=CNN Money}}{{cbignore}} Chairman Masashi Muromachi was appointed acting CEO.{{Cite news |last=Ritsuko Ando |date=21 July 2015 |title=Toshiba CEO quits over accounting scandal |work=Reuters |url=http://in.reuters.com/article/us-toshiba-accounting-stocks-idINKCN0PV0B620150721 |archive-url=https://web.archive.org/web/20151228111625/http://in.reuters.com/article/us-toshiba-accounting-stocks-idINKCN0PV0B620150721 |url-status=dead |archive-date=28 December 2015 |access-date=21 July 2015}} Following the scandal, Toshiba Corp. was removed from a stock index showcasing Japan's best companies. That was the second reshuffle of the index, which picks companies with the best operating income, return on equity and market value.{{Cite news |last1=Kitanaka |first1=Anna |last2=Sano |first2=Nao |date=7 August 2015 |title=Japan Shame Index Dumps Toshiba After Scandal, Adds Olympus |publisher=Bloomberg Business |url=https://www.bloomberg.com/news/articles/2015-08-07/japan-s-shame-index-dumps-toshiba-adds-olympus-in-second-revamp |access-date=10 August 2015}}

Toshiba announced in early 2015 that they would stop making televisions in its own factories. From 2015 onward, Toshiba televisions will be made by Compal for the U.S., or by Vestel and other manufacturers for the European market. In September 2015, Toshiba shares fell to their lowest point in two and a half years. The firm said in a statement that its net losses for the quarterly period were 12.3 billion yen ($102m; £66m). The company noted poor performances in its televisions, home appliances and personal computer businesses.BBC News. "[https://www.bbc.com/news/business-34244350 Toshiba troubles continue with new losses and falling sales]". 14 September 2015. 22 September 2015. In October 2015, Toshiba sold the image sensor business to Sony.{{Cite web |date=28 October 2015 |title=Toshiba sells sensor business to Sony, overhauls chip unit |url=https://www.cnbc.com/2015/10/28/toshiba-sells-sensor-business-to-sony-overhauls-chip-unit.html |access-date=16 July 2020 |website=CNBC |language=en}} In December 2015, Muromachi said the episode had wiped about $8 billion off Toshiba's market value. He forecast a record 550 billion yen (about US$4.6 billion) annual loss and warned the company would have to overhaul its TV and computer businesses. Toshiba would not be raising funds for two years, he said. The next week, a company spokesperson announced Toshiba would seek 300 billion yen ($2.5 billion) in 2016, taking the company's indebtedness to more than 1 trillion yen (about $8.3 billion).{{Cite news |last1=Alpeyev |first1=Pavel |last2=Amano |first2=Takashi |date=29 December 2015 |title=Toshiba Seeks $2.5 Billion Credit Line to Pay for Reforms |publisher=Bloomberg |url=https://www.bloomberg.com/news/articles/2015-12-29/toshiba-seeks-2-5-billion-credit-line-to-pay-for-restructuring |access-date=8 January 2016}}

In January 2016, Toshiba's security division unveiled a new bundle of services for schools that use its surveillance equipment. The program, which is intended for both K-12 and higher education, includes education discounts, alerts, and post-warranty support, among other features, on its IP-based security gear.Dian Schaffhauser, The Journal. "[https://thejournal.com/articles/2016/01/19/toshiba-intros-surveillance-education-program.aspx Toshiba Launches Surveillance Education Program]." 19 January 2016. 19 January 2016. In March 2016, Toshiba was preparing to start construction on a cutting-edge new semiconductor plant in Japan that would mass-produce chips based on the ultra-dense flash variant. Toshiba expected to spend approximately 360 billion yen, or $3.2 billion, on the project through May 2019.Maria Deutscher, Silicon Angle. "[http://siliconangle.com/blog/2016/03/17/toshiba-to-spend-3-2bn-on-cutting-edge-new-3d-flash-plant/ Toshiba to spend $3.2BN on cutting-edge new 3D flash plant]." 17 March 2016. 18 March 2016. In April 2016, Toshiba recalled 100,000 faulty laptop lithium-ion batteries, which were made by Panasonic, that can overheat, posing burn and fire hazards to consumers, according to the U.S. Consumer Product Safety Commission. Toshiba first announced the recall in January and said it was recalling the batteries in certain Toshiba Notebook computers sold since June 2011.Aaron Smith, CNN Money. "[https://money.cnn.com/2016/04/01/technology/toshiba-laptop-battery-recall-panasonic/ Toshiba recalls 100,000 batteries that can melt your laptop]." 1 April 2016. 1 April 2016.

In May 2016, it was announced that Satoshi Tsunakawa, the former head of Toshiba's medical equipment division, was named CEO. This appointment came after the accounting scandal that occurred.{{Cite web |title=Toshiba nominates new CEO in bid to put accounting scandal behind it |url=http://www.businessinsider.com/r-toshiba-nominates-new-ceo-in-bid-to-put-accounting-scandal-behind-it-2016-5 |access-date=6 May 2016 |website=Business Insider}}{{Cite news |last1=Mochizuki |first1=Takashi |last2=Fukase |first2=Atsuko |date=6 May 2016 |title=Toshiba Announces New Chief Executive After Accounting Scandal |work=The Wall Street Journal |url=https://www.wsj.com/articles/toshiba-announces-new-chief-executive-1462521234 |access-date=6 May 2016 |issn=0099-9660}} In September 2016, Toshiba announced the first wireless power receiver IC using the Qi 1.2.2 specification, developed in association with the Wireless Power Consortium.{{Cite news |date=16 September 2016 |title=Toshiba Announces Industry's First Qi v1.2 Certified 15W Wireless Power Receiver IC |work=Business Wire |url=http://www.businesswire.com/news/home/20160915006688/en/Toshiba-Announces-Industrys-Qi-v1.2-Certified-15W |access-date=21 November 2016}} In December 2016, Toshiba Medical Systems Corporation was acquired by Canon.{{Cite web |title=Canon Inc. to acquire Toshiba Medical Systems Corporation shares and make it a subsidiary |url=https://global.canon/en/news/2016/20161219.html |access-date=11 July 2020 |website=Canon Global |language=en}} A Chinese electrical appliance corporation Midea Group bought a controlling 80.1% stake in the Toshiba Home Appliances Group.{{Cite web |date=30 June 2016 |title=Toshiba and Midea Complete the Transfer of Toshiba's Home Appliances Business |url=http://www.midea.com/global/about_midea/News/201606/t20160630_204782.shtml |access-date=11 January 2019 |archive-date=5 September 2019 |archive-url=https://web.archive.org/web/20190905053624/http://www.midea.com/global/about_midea/News/201606/t20160630_204782.shtml |url-status=dead }}{{Cite news |date=17 March 2016 |title=China's Midea Buys Majority of Toshiba's Home Appliance Business |publisher=Bloomberg |url=https://www.bloomberg.com/news/articles/2016-03-17/china-s-midea-buys-majority-of-toshiba-s-home-appliance-business |access-date=11 January 2019}}

In late December 2016, the management of Toshiba requested an "urgent press briefing" to announce that the newly-found losses in the Westinghouse subsidiary from Vogtle Electric Generating Plant nuclear plant construction would lead to a write-down of several billion dollars, bankrupting Westinghouse and threatening to bankrupt Toshiba. The exact amount of the liabilities was unavailable.{{Cite news |last1=Smith |first1=Rebecca |last2=Narioka |first2=Kosaku |date=29 December 2016 |title=Toshiba Shares Plunge Further Over Problems at Nuclear-Power Subsidiary |work=The Wall Street Journal |url=https://www.wsj.com/articles/toshiba-shares-crash-after-write-down-warning-1482905903 |access-date=30 December 2016 |issn=0099-9660}}{{Cite news |title=How two cutting edge U.S. nuclear projects bankrupted Westinghouse |newspaper=Reuters |date=2 May 2017 |url=https://www.reuters.com/article/us-toshiba-accounting-westinghouse-nucle-idUSKBN17Y0CQ |via=mobile.reuters.com}} In January 2017, a person with direct knowledge of the matter reported that the company plans on making its memory chip division a separate business, to save Toshiba from bankruptcy.{{Cite news |date=24 January 2017 |title=Toshiba board to approve plans to split off chip business on Friday: source |work=Reuters |url=https://www.reuters.com/article/us-toshiba-accounting-idUSKBN1580YS |access-date=24 January 2017}}{{Cite web |title=Toshiba completes $18bn sale of flash memory unit |url=https://asia.nikkei.com/Business/Business-deals/Toshiba-completes-18bn-sale-of-flash-memory-unit |website=Nikkei Asian Review}}{{Cite web |title=Former Toshiba memory business to rebrand as Kioxia |url=https://www.zdnet.com/article/former-toshiba-memory-business-to-rebrand-as-kioxia/ |website=ZDNet}}{{Cite news |title=Toshiba has no immediate plans to sell memory chip stake: CEO |newspaper=Reuters |date=21 December 2018 |url=https://www.reuters.com/article/us-toshiba-chips-idUSKCN1OK0Z5 |via=mobile.reuters.com}}{{Cite web |last=Tallis |first=Billy |title=Toshiba Memory To Rebrand As Kioxia |url=https://www.anandtech.com/show/14652/toshiba-memory-to-rebrand-as-kioxia |website=www.anandtech.com}}{{Cite web |date=13 May 2019 |title=Toshiba net profit up 26% in fiscal 2018 after selling chip unit |url=https://www.japantimes.co.jp/news/2019/05/13/business/corporate-business/toshiba-net-profit-26-fiscal-2018-selling-chip-unit/ |website=The Japan Times}}{{Cite web |date=2 June 2018 |title=Toshiba completes $18B sale of memory business to consortium including Apple |work=9to5Mac |url=https://9to5mac.com/2018/06/02/toshiba-memory-business-sale-complete/ |last1=Miller |first1=Chance }}

In February 2017, Toshiba revealed unaudited details of a 390 billion yen ($3.4 billion) corporate wide loss, mainly arising from its majority owned US based Westinghouse nuclear construction subsidiary which was written down by 712 billion yen ($6.3 billion). On 14 February 2017, Toshiba delayed filing financial results, and chairman Shigenori Shiga, formerly chairman of Westinghouse, resigned.{{Cite news |first1=Makiko |last1=Yamazaki |first2=Taiga |last2=Uranaka |date=14 February 2017 |title=Delays, confusion as Toshiba reports $6.3 billion nuclear hit and slides to loss |work=Reuters |url=http://uk.reuters.com/article/uk-toshiba-accounting-results-idUKKBN15T0AY |archive-url=https://web.archive.org/web/20170214100107/http://uk.reuters.com/article/uk-toshiba-accounting-results-idUKKBN15T0AY |url-status=dead |archive-date=14 February 2017 |access-date=14 February 2017}}{{Cite news |date=14 February 2017 |title=Toshiba chairman quits over nuclear loss |work=BBC News |url=https://www.bbc.co.uk/news/business-38965380 |access-date=14 February 2017}}{{Cite news |first=Karishma |last=Vaswani |date=14 February 2017 |title=Toshiba: Why troubled Japanese firms survive |work=BBC News |url=https://www.bbc.co.uk/news/business-38969273 |access-date=14 February 2017}} Construction delays, regulatory changes and cost overruns at Westinghouse-built nuclear facilities Vogtle units 3 and 4 in Waynesboro, Georgia and VC Summer units 2 and 3 in South Carolina, were cited as the main causes of the dramatic fall in Toshiba's financial performance and collapse in the share price. Fixed priced construction contracts negotiated by Westinghouse with Georgia Power left Toshiba with uncharted liabilities that resulted in the sale of key Toshiba operating subsidiaries to secure the company's future.{{Cite news |last=Crooks |first=Ed |date=17 February 2016 |title=Toshiba brought to its knees by two US nuclear plants |work=Financial Times |url=https://www.ft.com/content/b7053ab4-f45e-11e6-95ee-f14e55513608 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/b7053ab4-f45e-11e6-95ee-f14e55513608 |archive-date=10 December 2022 |url-access=subscription |url-status=live |access-date=20 February 2017}}

Westinghouse filed for Chapter 11 bankruptcy protection on 29 March 2017.{{Cite news |first1=Tom |last1=Hals |first2=Makiko |last2=Yamazaki |first3=Tim |last3=Kelly |date=30 March 2017 |title=Huge nuclear cost overruns push Toshiba's Westinghouse into bankruptcy |work=Reuters |url=https://www.reuters.com/article/us-toshiba-accounting-board-idUSKBN17006K |access-date=31 March 2017}}{{cite press release |date=29 March 2017 |url=http://www.westinghousenuclear.com/About/News/View/WESTINGHOUSE-ANNOUNCES-STRATEGIC-RESTRUCTURING

|title=Westinghouse announces strategic restructuring |publisher=Westinghouse Electric Company |access-date=7 August 2022}} Toshiba was estimated to have 9 billion dollar annual net loss.{{Cite news |date=25 April 2017 |title=Toshiba to drop its auditor: Nikkei |work=Reuters |url=https://www.reuters.com/article/us-toshiba-auditors-idUSKBN17R2H0 |access-date=25 April 2017}} On 11 April 2017, Toshiba filed unaudited quarterly results. Auditors PricewaterhouseCoopers had not signed of the accounts because of uncertainties at Westinghouse. Toshiba stated that "substantial doubt about the company's ability to continue as a going concern exists".{{Cite news |date=11 April 2017 |title=Toshiba files unaudited results and says future is in doubt |work=BBC News |url=https://www.bbc.co.uk/news/business-39564956 |access-date=11 April 2017}}{{Cite news |date=11 April 2017 |title=Toshiba files earnings without auditor endorsement, delisting risk rises |work=NASDAQ |agency=Reuters |url=http://www.nasdaq.com/article/toshiba-files-earnings-without-auditor-endorsement-delisting-risk-rises-20170411-00168 |access-date=11 April 2017}} On 25 April 2017, Toshiba announced its decision to replace its auditor after less than a year. Earlier in April, the company filed twice-delayed business results without an endorsement from auditor PricewaterhouseCoopers (PwC).{{Cite web |date=26 April 2017 |title=Toshiba Is Replacing Its Auditor PwC Over Irreconcilable Differences |url=http://fortune.com/2017/04/25/toshiba-pwc-business-results-audits/ |access-date=27 April 2017 |website=Fortune}}

On 20 September 2017, Toshiba's board approved a deal to sell its memory chip business to a group led by Bain Capital for US$18 billion, with financial backing by companies such as Apple, Dell Technologies, Hoya Corporation, Kingston Technology, Seagate Technology, and SK Hynix.{{Cite news |date=20 September 2017 |title=Bain-Led Group to Buy Toshiba Chip Unit in $18 Billion Deal |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2017-09-20/toshiba-agrees-to-sell-memory-chip-unit-to-bain-led-group |access-date=5 December 2017}}{{Cite news |last1=Mochizuki |first1=Takashi |last2=Landers |first2=Peter |last3=Cimilluca |first3=Dana |date=20 September 2017 |title=Toshiba Decides on Bain-Apple Group in Chip-Business Sale |work=The Wall Street Journal |location=New York City, New York, United States |url=https://www.wsj.com/articles/toshiba-decides-on-bain-apple-group-in-chip-business-sale-1505886346 |access-date=21 September 2017}} The newly independent company was named Toshiba Memory Corporation, and then renamed Kioxia. On 15 November 2017, Hisense reached a deal to acquire 95% of Toshiba Visual Solutions (television sets) for US$113.6 million.{{Cite news |title=Toshiba sells its electronics department to Hisense |work=The Verge |url=https://www.theverge.com/2017/11/14/16649374/toshiba-china-hisense-sharp-tv-deal-signed |access-date=15 November 2017}} Later that month, the company announced that it would pull out of its long-standing sponsorships of the Japanese television programs Sazae-san, Nichiyō Gekijo, and the video screens topping out One Times Square in New York City. The company cited that the value of these placements were reduced by its exit from consumer-oriented lines of business.{{Cite news |date=22 November 2017 |title=Cash-strapped Toshiba bids farewell to Times Square and 'Sazae-san' |work=The Japan Times |url=https://www.japantimes.co.jp/news/2017/11/22/business/corporate-business/cash-strapped-toshiba-bids-farewell-times-square-sazae-san/ |access-date=5 December 2017 |issn=0447-5763}} On 6 April 2018, Toshiba announced the completion of the sale of Westinghouse's holding company to Brookfield Business Partners and some partners for $4.6 billion.{{Cite news |date=6 April 2018 |title=Toshiba sells Westinghouse-related assets in USA |publisher=World Nuclear News |url=http://www.world-nuclear-news.org/C-Toshiba-sells-Westinghouse-related-assets-in-USA-0604185.html |access-date=12 April 2018}}

File:Lazona Kawasaki Toshiba Building.jpg|Toshiba Science Museum in Kawasaki, Japan

File:Toshiba Himeji.jpg|Toshiba factory in Taishi, Japan

File:Elevator Research Tower of Toshiba Fuchu Complex.jpg|Elevator Research Tower of Toshiba Fuchu Complex. The largest factory complex in the Toshiba organization

File:Toshiba Rinkan Hospital.jpg|Toshiba Rinkan Hospital, Kanagawa, Japan

In June 2018, Toshiba sold 80.1% of its Client Solutions (personal computers) business unit to Sharp for $36m, with an option allowing Sharp to buy the remaining 19.9% share.{{Cite web|last=Osborne|first=Charlie|title=Toshiba formally leaves the laptop business|url=https://www.zdnet.com/article/toshiba-formally-leaves-the-laptop-business/|access-date=14 June 2021|website=ZDNet|language=en}} Sharp renamed the business to Dynabook, a brand name Toshiba had used in Japan, and started releasing products under that name. On 30 June 2020, Sharp exercised its option to acquire the remaining 19.9% percent of Dynabook shares from Toshiba.{{Cite web |title=Toshiba formally and finally exits laptop business |url=https://www.theregister.com/2020/08/07/toshiba_sells_last_dynabook_shares/ |access-date=8 August 2020 |website=www.theregister.com |language=en}} In May 2019, Toshiba announced that it would put non-Japanese investors on its board for the first time in nearly 80 years.{{Cite news |last=Narioka |first=Kosaku |date=13 May 2019 |title=Toshiba's Board Move Will Give Foreigners a Greater Voice |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/toshibas-board-move-will-give-foreigners-a-greater-voice-11557725843 |access-date=16 July 2020 |issn=0099-9660}} In November, the company transferred its logistics service business to SBS Group.{{Cite news|last=|first=|date=|title=News Release|work=|url=https://sp.sbs-group.co.jp/sbsh/pdf/sbsh_pdf20201102_01_eng.pdf|access-date=|archive-date=9 February 2023|archive-url=https://web.archive.org/web/20230209204222/https://sp.sbs-group.co.jp/sbsh/pdf/sbsh_pdf20201102_01_eng.pdf|url-status=dead}}

In January 2020, Toshiba unveiled its plan to launch quantum cryptography services by September the same year. It also announced a number of other technologies waiting for commercialization, including an affordable solid-state Lidar based on silicon photomultiplier, high-capacity hydrogen fuel cells,{{Cite web |title=Toshiba's megawatt fuel cells have enough juice to power a factory |url=https://asia.nikkei.com/Business/Companies/Toshiba-s-megawatt-fuel-cells-have-enough-juice-to-power-a-factory |access-date=27 July 2020 |website=Nikkei Asian Review |language=en-GB}}{{Cite web |title=Toshiba's Light Sensor Paves the Way for Cheap Lidar |url=https://spectrum.ieee.org/toshibas-light-sensor-highresolution-lidar |access-date=27 July 2020 |website=IEEE Spectrum: Technology, Engineering, and Science News |date=16 July 2020 |language=en}} and a proprietary computer algorithm named Simulated Bifurcation Algorithm that mimics quantum computing, of which it plans to sell access to other parties such as financial institutions, social networking services, etc. The company claims the algorithm running on a desktop PC at room temperature environment is capable of surpassing the performance of similar algorithms running on existing supercomputers, even that of laser-based quantum computer when a specialized setting is given.{{Cite web |last=Armasu |first=Lucian |title=Toshiba Claims New Algorithm Runs Faster on Desktop PCs than Similar Algorithms on Supercomputers |url=https://www.tomshardware.com/news/toshiba-claims-new-algorithm-runs-faster-on-desktop-pcs-than-similar-algorithms-on-supercomputers |access-date=27 July 2020 |website=Tom's Hardware |date=18 January 2020 |language=en}} It has been added to quantum computing services offered by major cloud platforms including Microsoft Azure.{{Cite web |date=22 September 2020 |title=Microsoft's Azure Quantum Platform Now Offers Toshiba's 'Simulated Bifurcation Machine' |url=https://www.hpcwire.com/2020/09/22/microsofts-azure-quantum-platform-now-offers-toshibas-simulated-bifurcation-machine/ |access-date=27 September 2020 |website=HPCwire |language=en-US}} In October 2020, Toshiba made a decision to pull out of the system LSI business citing mounted losses while reportedly mulling on the sale of its semiconductor fabs as well.{{Cite web |title=Toshiba to quit system LSI business |url=https://www.digitimes.com/news/a20200930VL202.html |access-date=23 November 2020 |website=DIGITIMES |date=30 September 2020 |language=en}}{{Cite web |title=Toshiba says no decision yet for fab sale |url=https://www.digitimes.com/news/a20201120VL200.html |access-date=23 November 2020 |website=DIGITIMES |date=20 November 2020 |language=en}} In April 2021, CVC Capital Partners made a takeover offer.[https://www.bbc.com/news/business-56645451 Toshiba confirms $20bn takeover bid from British fund] BBC News 7 April 2021

On 12 November 2021, Toshiba announced that it would split into three separate companies. Two of the companies will respectively focus on infrastructure and electronic devices; the third, which will retain the Toshiba name, would manage the 40.6% stake in Kioxia and all other remaining assets. The company expected to complete the plan by March 2024{{cite news |last1=Fujikawa |first1=Megumi |last2=Landers |first2=Peter |title=Toshiba, Like GE, Plans to Split Into Three Units |url=https://www.wsj.com/articles/toshiba-like-ge-plans-to-split-into-three-parts-11636700609 |access-date=12 November 2021 |work=The Wall Street Journal |date=12 November 2021}} but the plan was challenged by stockholders, and at an extraordinary general meeting on 24 March 2022, they rejected the plan. They also rejected an alternative plan put forward by a large institutional investor that would have had the company search for buyers among private equity firms. Toshiba announced in February 2022 that it plans to split into two companies instead after the original proposal proved unpopular with shareholders.{{cite web |title=Toshiba to sell stake in Carrier, split into two entities |url=https://www.econotimes.com/Japans-tech-giant-Toshiba-to-split-sell-stake-in-Carrier-1626623 |website=EconoTimes |date=8 February 2022 |publisher=Elmin Media LLC |access-date=24 September 2022}}

In March 2023, the company announced it had accepted a {{JPY|2|link=yes}}{{nbsp}}trillion ({{US$|15|long=no}}{{nbsp}}billion) buyout offer from a consortium of 20 companies, which was led by Japan Industrial Partners (JIP), a Tokyo-based private equity firm,{{Cite news |last=Landers |first=Peter |date=23 March 2023 |title=Toshiba Announces $15 Billion Plan to Be Taken Private |url=https://www.wsj.com/articles/toshiba-announces-15-billion-plan-to-be-taken-private-b090f9fb |access-date=23 March 2023 |newspaper=Wall Street Journal |language=en-US}} and includes Orix, Chubu Electric Power, and Rohm. On September 27, after the public offering was completed in the middle of that month, it was reported that it would be transferred to a new parent company, TBJH.{{cite news |date=2023-09-21 |title=Japan's troubled Toshiba to delist after takeover by Japanese consortium succeeds |url=https://abcnews.go.com/Technology/wireStory/japans-troubled-toshiba-delist-after-takeover-japanese-consortium-103366923 |url-status=live |archiveurl=https://web.archive.org/web/20230921040034/https://abcnews.go.com/Technology/wireStory/japans-troubled-toshiba-delist-after-takeover-japanese-consortium-103366923 |archivedate=2023-09-21 |work=abcnews}}{{cite news |date=2023-09-21 |title=Toshiba succeeds at selling itself, delisting set for September 27 |url=https://www.theregister.com/2023/09/21/toshiba_tender_offer_succeeds/ |url-status=live |archiveurl=https://web.archive.org/web/20230921040040/https://www.theregister.com/2023/09/21/toshiba_tender_offer_succeeds/ |archivedate=2023-09-21 |work=The Register}} On 22 December 2023, it was announced that JIP's purchase of the company had been completed, two days after being delisted.{{Cite web |title=Toshiba Completes $14 Bn Buyout, Identifies Chip Production Priority |url=https://www.businessworld.in/article/Toshiba-Completes-14-Bn-Buyout-Identifies-Chip-Production-Priority-/22-12-2023-503215/ |access-date=2024-01-20 |work=BW BusinessWorld |language=en}} This move brought the company back to Japan after it had been run by overseas activist investors.{{Cite web |last=Bridge |first=Anton |date=20 December 2023 |title=Toshiba to be delisted after 74 years, faces future with new owners |url=https://www.reuters.com/markets/deals/toshiba-be-delisted-after-74-years-faces-future-with-new-owners-2023-12-19/ |access-date=20 December 2023 |website=Reuters}}{{Cite web |date=2023-03-23 |title=Toshiba board accepts Japan Industrial Partners' $15 billion buyout proposal |url=https://www.cnbc.com/2023/03/23/toshiba-board-accepts-japan-industrial-partners-15-bln-buyout-proposal.html |access-date=2023-12-19 |website=CNBC |language=en}}

{{See also|List of Toshiba subsidiaries}}

File:TOSHIBA research and development center Komukaitoshiba.jpg|The Toshiba research and development facility in Kawasaki, Kanagawa, Japan

File:TEG Gebaeude.jpg|Toshiba Europe offices in Neuss, Germany

File:ToshibaCanada2.jpg|Toshiba Canada offices

As of 2012, Toshiba had 39 R&D facilities worldwide, which employed around 4,180 people, and was organized into four main business groupings: the Digital Products Group, the Electronic Devices Group, the Home Appliances Group and the Social Infrastructure Group.{{Cite web |title=Annual Report 2012: Operational Review |url=http://www.toshiba.co.jp/about/ir/en/finance/ar/ar2012/tar2012e_or.pdf |access-date=30 May 2012 |publisher=Toshiba}} In the year ended 31 March 2012, Toshiba had total revenues of {{JPY|6,100.3 billion}}, of which 25.2 percent was generated by the Digital Products Group, 24.5 percent by the Electronic Devices Group, 8.7 percent by the Home Appliances Group, 36.6 percent by the Social Infrastructure Group and 5 percent by other activities. In the same year, 45 percent of Toshiba's sales were generated in Japan and 55 percent in the rest of the world.

Toshiba invested a total of {{JPY|319.9 billion}} in R&D in the year ended 31 March 2012, equivalent to 5.2 percent of sales. Toshiba registered a total of 2,483 patents in the United States in 2011, the fifth-largest number of any company (after IBM, Samsung Electronics, Canon and Panasonic). Toshiba had around 141,256 employees as of 31 March 2018.{{Cite web |title=Toshiba Basic Corporate Data |url=https://www.toshiba.co.jp/worldwide/about/corp_data.html |access-date=25 April 2019 |publisher=Toshiba}}

Toshiba has had a range of products and services, including air conditioners,{{Cite web |title=Toshiba Consumer Electronics Holdings Corporation |url=http://www.toshiba.co.jp/worldwide/about/company/tceh.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}} consumer electronics (including televisions and DVD and Blu-ray players),{{Cite web |title=Digital Products & Services Company |url=http://www.toshiba.co.jp/worldwide/about/company/ds.htm |access-date=8 January 2012 |publisher=Toshiba Corporation |archive-url=https://web.archive.org/web/20120719024058/http://www.toshiba.co.jp/worldwide/about/company/ds.htm |archive-date=2012-07-19}} control systems (including air-traffic control systems, railway systems, security systems and traffic control systems),{{Cite web |title=Social Infrastructure Systems Company |url=http://www.toshiba.co.jp/worldwide/about/company/sis.html |access-date=8 January 2012 |publisher=Toshiba Corporation}} electronic point of sale equipment,{{Cite web |title=Toshiba TEC Corporation |url=http://www.toshiba.co.jp/worldwide/about/company/tec.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}} elevators and escalators,{{Cite web |title=Toshiba Elevator and Building Systems Corporation |url=http://www.toshiba.co.jp/worldwide/about/company/telc.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}} home appliances (including refrigerators and washing machines), IT services,{{Cite web |title=Toshiba Solutions Corporation |url=http://www.toshiba.co.jp/worldwide/about/company/tsol.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}} lighting,{{Cite web |title=New Lighting Systems Division |url=http://www.toshiba.co.jp/worldwide/about/company/ls.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}} materials and electronic components,{{Cite web |title=Materials & Devices Division |url=http://www.toshiba.co.jp/worldwide/about/company/md.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}} medical equipment (including CT and MRI scanners, ultrasound equipment and X-ray equipment),{{Cite web |title=Toshiba Medical Systems Corporation |url=http://www.toshiba.co.jp/worldwide/about/company/tmsc.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}} office equipment,{{Cite web |title=Multifunction Toshiba Printers, Business Scanner, Copiers & Fax |url=http://www.opusdigital.co.uk/products |access-date=15 December 2015 |website=www.opusdigital.co.uk |archive-date=11 November 2020 |archive-url=https://web.archive.org/web/20201111231304/https://www.opustech.co.uk/products/ |url-status=dead }} business telecommunication equipment{{Cite web |last=JDA, Inc. Retail Ready Design www.jdainc.com |title=Business Phone Systems- VoIP, IP Telephone Systems for SMB & Enterprises |url=http://www.telecom.toshiba.com/ |access-date=20 March 2014 |publisher=Telecom.toshiba.com |archive-date=18 June 2017 |archive-url=https://web.archive.org/web/20170618070857/https://www.telecom.toshiba.com/ |url-status=dead }} personal computers, semiconductors,{{Cite web |title=Semiconductor & Storage Products Company |url=http://www.toshiba.co.jp/worldwide/about/company/sc.html |access-date=8 January 2012 |publisher=Toshiba Corporation}} power systems (including electricity turbines, fuel cells and nuclear reactors){{Cite web |title=Power Systems Company |url=http://www.toshiba.co.jp/worldwide/about/company/ps.html |access-date=8 January 2012 |publisher=Toshiba Corporation}} power transmission and distribution systems, and TFT displays.{{Cite web |title=Toshiba Mobile Display Co., Ltd. |url=http://www.toshiba.co.jp/worldwide/about/company/tmd.htm |access-date=8 January 2012 |publisher=Toshiba Corporation}}

File:Toshiba Regza S Series.jpg|Toshiba Regza television

File:Toshiba BDX 2250 Wi-Fi Blu-ray Disc Player.jpg|Toshiba Blu-ray disc player

File:IFA 2005 Toshiba HBS A 001 HD-DVD Player (Dual-Layer HD-DVD 30GB) and (DVD-HD-DVD-Twin-Disc 5GB 15GB) (by HDTVTotalDOTcom).jpg|Toshiba HD-DVD player

File:Toshiba Qosmio X70-A-12N PSPLTE-2895.jpg|Toshiba Qosmio notebook

File:Verpackung einer MicroSD-Speicherkarte.jpg|Toshiba microSD card

File:Toshiba THN-U301W0320A4 20170814b.jpg|Toshiba USB flash drive

File:Fujitsu docomo REGZA Phone Licensed by TOSHIBA T-01D Black Back.JPG|Fujitsu Toshiba Regza smartphone

File:TOSHIBA Microwave Oven ER-J3 .jpg|Toshiba microwave oven

File:東芝の炊飯器 RCK-10GF 20110604.jpg|Toshiba rice cooker

File:2017-09-19 (304) Air conditioner Toshiba RAV-SP564AT-E at Bahnhof Melk.jpg|Toshiba air conditioner

File:Batt-6F22KG-Toshiba--21lyeyxy.jpg|Toshiba battery

File:Toshiba SCiB cell in Tokyo Motor Show 2011.jpg|Toshiba SCiB rechargeable battery

File:T9769A 01.jpg|Toshiba T9769A integrated circuit

File:Toshiba MK4313MAT HDD (dark1).jpg|Toshiba hard disk

File:Томограф в коронавирусном стационаре при Сеченовском университете.jpg|Toshiba Aquilion Prime CT scanner

File:TOSHIBA, MRI Vantage Titan MRT-2004,.jpg|Toshiba Vantage Titan MRT-2004 MRI scanner

File:MedicalSonographicScanner.jpg|Toshiba medical ultrasound scanner

File:New Year Ball Drop Event for 2012 at Times Square.jpg|ToshibaVision screen in use during the ball drop in Times Square from 2008 to 2018

File:台北101的升降機.JPG|Toshiba elevator in Taipei 101

File:HK 葵青區 Kwai Tsing 青荃路 Tsing Tsuen Road 青衣城 Maritime Square 2 Two shopping mall escalators April 2022 Px3 05.jpg|Toshiba escalators

File:JRF-HD300-901-00.jpg|Toshiba locomotive Class HD300

File:JGSDF Type 93 Surface-to-air missile(04-4187) right front view at Camp Shinodayama April 16, 2017 03.jpg|Toshiba Type 93 surface-to-air missile

File:Type 81 SAM - launcher.jpg|Toshiba Tan-SAM Type 81 SAM 6 x 6 launcher

File:ABWR Toshiba 1.jpg|Model of the nuclear power plant from Toshiba with Advanced boiling water reactor

{{Main|HD DVD}}

{{plain image with caption|HD-DVD.svg|HD DVD logo}}

Toshiba had played a critical role in the development and proliferation of DVD.{{Cite web |title=History of DVD |url=https://didyouknow.org/dvdhistory/ |access-date=27 September 2020 |website=didyouknow.org |language=en}} On 19 February 2008, Toshiba announced that it would be discontinuing its HD DVD storage format, the successor of DVD, following defeat in a format war against Blu-ray.{{Cite press release |title=Toshiba Announces Discontinuation of HD DVD Businesses |date=19 February 2008 |publisher=Toshiba |url=http://www.toshiba.co.jp/about/press/2008_02/pr1903.htm |access-date=15 April 2008}} The HD DVD format had failed after most of the major US film studios backed the Blu-ray format, which was developed by Sony, Panasonic, Philips and Pioneer Corporation. Conceding the abandonment of HD DVD, Toshiba's president, Atsutoshi Nishida said "We concluded that a swift decision would be best [and] if we had continued, that would have created problems for consumers, and we simply had no chance to win".{{Cite news |date=19 February 2008 |title=Toshiba Gives Up On HD DVD; To Be Out By End Of March |work=Forbes |url=https://www.forbes.com/2008/02/19/toshiba-hddvd-format-tech-cx_pco_0219paidcontent.html#bdb88d433c33 |access-date=18 November 2017}}

Toshiba continued to supply retailers with machines until the end of March 2008, and continued to provide technical support to the estimated one million people worldwide who owned HD DVD players and recorders. Toshiba announced a new line of stand-alone Blu-ray players as well as drives for PCs and laptops, and subsequently joined the BDA, the industry body which oversees the development of the Blu-ray format.{{Cite news |date=10 August 2009 |title=Toshiba joins Blu-ray disc camp |work=BBC News |url=http://news.bbc.co.uk/2/hi/technology/8192840.stm#comments |access-date=6 January 2010}}

{{plain image with caption|REGZA logo.svg|REGZA wordmark}}

REGZA (Real Expression Guaranteed by Amazing Architecture) is a unified television brand owned and manufactured by Toshiba. In 2010 REGZA name disappeared from the North American market, and from March 2015{{cite press release |url=https://www.toshiba.co.jp/about/ir/en/news/20150129_1.pdf |title=Toshiba in Restructuring of Global TV Business |publisher=Toshiba |date=29 January 2015 |access-date=7 August 2022}} new TVs carrying the Toshiba name are designed and produced by Compal Electronics, a Taiwanese company, to which Toshiba has licensed its name. REGZA is also used in Android-based smartphones that were developed by Fujitsu Toshiba Mobile Communications.

In October 2010, Toshiba unveiled the Toshiba Regza GL1 21" LED-backlit LCD TV glasses-free 3D prototype at CEATEC 2010. This system supports 3D capability without glasses (utilizing an integral imaging system of 9 parallax images with a vertical lenticular sheet). The retail product was released in December 2010.{{Cite web |last=Vlad Savov |title=Toshiba Regza GL1 wants you to put down the glasses, enjoy the 3D |date=4 October 2010 |url=https://www.engadget.com/2010/10/04/toshiba-regza-gl1-wants-you-to-put-down-the-glasses-enjoy-the-3 |publisher=Engadget}}

4K Ultra HD (3840×2160p) televisions provides four times the resolution of 1080p Full HD televisions. Toshiba's 4K HD LED televisions are powered by a CEVO 4K Quad + dual-core processor.{{Cite web |title=Loading site please wait... |url=http://www.toshiba.com/us/4k-tvs |website=www.toshiba.com |access-date=14 November 2013 |archive-date=15 September 2015 |archive-url=https://web.archive.org/web/20150915110725/http://www.toshiba.com/us/4k-tvs |url-status=dead }}

{{Main|Dynabook Inc.}}

File:Toshiba-t1950ct hg.jpg

In 1985, Toshiba released the T1100, the world's first commercially accepted laptop PC. Toshiba designed and developed PCs, predominantly laptops, under several product lines including Satellite, Portégé, Libretto, Qosmio and Tecra. Toshiba initialized process of divestment of the personal computer and laptop business, Toshiba Client Solutions, in 2018 with sale of 80.1% of shares to Sharp Corporation. Eventually Toshiba fully exited from the personal computing market in June 2020, transferring the remaining 19.9% shares in Toshiba Client Solutions (since being renamed to Dynabook Inc.) to Sharp.{{Cite news |date=10 August 2020 |title=Toshiba shuts the lid on laptops after 35 years |language=en-GB |work=BBC News |url=https://www.bbc.co.uk/news/technology-53721016 |access-date=16 September 2020}} Toshiba's divested personal computing business adopted the Dynabook name after a computer concept targeted for children and after one of its product lines.

In the 1980s, a Toshiba team led by Fujio Masuoka invented flash memory, both NOR and NAND types. In March 2015, Toshiba announced the development of the first 48-layer, three-dimensional flash memory. The new flash memory is based on a vertical stacking technology that Toshiba calls BiCS (Bit Cost Scaling), stores two bits of data per transistor, and can store 128Gbits (16GB) per chip. This allowed flash memory to keep scaling up the capacity as Moore's Law was considered to be obsolete.By Lucas Mearian, ComputerWorld. "[http://www.computerworld.com/article/2902310/toshiba-announces-industrys-densest-3d-flash-memory.html Toshiba announces industry's densest 3D flash memory]." 26 March 2015. 21 April 2015. Toshiba's memory division was spun off as Toshiba Memory Corporation, now Kioxia.

Toshiba has been judged as making "low" efforts to lessen its impact on the environment. In November 2012, they came second from the bottom in Greenpeace's 18th edition of the Guide to Greener Electronics that ranks electronics companies according to their policies on products, energy, and sustainable operations.{{Cite web |date=November 2012 |title=Guide to Greener Electronics |url=http://www.greenpeace.org/international/en/Guide-to-Greener-Electronics/18th-Edition/ |access-date=9 December 2013 |publisher=Greenpeace}} Toshiba received 2.3 of a possible 10 points, with the top company (WIPRO) receiving 7.1 points. "Zero" scores were received in the categories "Clean energy policy advocacy", "Use of recycled plastics in products" and "Policy and practice on sustainable sourcing of fibres for paper". In 2010, Toshiba reported that all of its new LCD TVs comply with the Energy Star standards and 34 models exceed the requirements by 30% or more.{{Cite web |title=Development of Environmentally Conscious Products: Toshiba Visual Products Company / Toshiba Storage Products Company Environmental Conservation Activities |url=http://www.toshiba.co.jp/dm_env/dme/develop.htm |url-status=dead |archive-url=https://web.archive.org/web/20110129005012/http://www.toshiba.co.jp/dm_env/dme/develop.htm |archive-date=29 January 2011 |access-date=17 August 2010 |publisher=Toshiba }}

Toshiba partnered with China's Tsinghua University in 2008 in order to form a research facility to focus on energy conservation and the environment.{{Cite web |date=14 April 2008 |title=Japan's Corporate Network |url=http://www.japancorp.net/Article.Asp?Art_ID=17699 |url-status=dead |archive-url=https://web.archive.org/web/20100812045537/http://www.japancorp.net/Article.Asp?Art_ID=17699 |archive-date=12 August 2010 |access-date=27 April 2008}} The new Toshiba Energy and Environment Research Center is located in Beijing where forty students from the university will work to research electric power equipment and new technologies that will help stop the global warming process. Through this partnership, Toshiba hopes to develop products that will better protect the environment and save China. This contract between Tsinghua University and Toshiba originally began in October 2007 when they signed an agreement on joint energy and environment research. The projects that they conduct work to reduce car pollution and to create power systems that don't negatively affect the environment.

On 28 December 1970, Toshiba began the construction of unit 3 of the Fukushima Daiichi Nuclear Power Plant,{{Cite web |title=Nuclear Reactor Maps: Fukushima-Daiichi |url=http://www.nuctrans.org/Nuc_Trans/locations/daiichi/daiichi.htm |url-status=usurped |archive-url=https://web.archive.org/web/20050215185107/http://www.nuctrans.org/Nuc_Trans/locations/daiichi/daiichi.htm |archive-date=15 February 2005 |access-date=21 March 2011 |publisher=Nuclear Transparency in the Asia Pacific}} which was damaged in the Fukushima I nuclear accidents on 14 March 2011. In April 2011, CEO Norio Sasaki declared nuclear energy would "remain as a strong option" even after the Fukushima I nuclear accidents.{{Cite web |last1=Yasu |first1=Mariko |last2=Maki Shiraki |date=22 April 2011 |title=Silver lining in sight for makers of solar panels |url=http://search.japantimes.co.jp/cgi-bin/nb20110422n1.html |url-status=dead |archive-url=https://web.archive.org/web/20110426024122/http://search.japantimes.co.jp/cgi-bin/nb20110422n1.html |archive-date=26 April 2011 |access-date=23 April 2011 |publisher=The Japan Times online |quote=For Toshiba, Japan's biggest maker of nuclear reactors, atomic energy still has the edge over other power sources. "Even if we hypothetically say an accident occurs once in every 30 years and that we need to consider the cost for radiation leak problems, we're also left with an issue of reducing carbon dioxide", Toshiba President Norio Sasaki said in Tokyo last week. "Nuclear power will remain as a strong option." }} In late 2013, Toshiba entered the solar power business in Germany, installing PV systems on apartment buildings.{{Cite web |title=Renewables 2014 Global Status Report, page 50 |url=http://www.ren21.net/Portals/0/documents/Resources/GSR/2014/GSR2014_full%20report_low%20res.pdf |access-date=30 December 2016}}

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