Toshiba Announces Strategic Reorganization into Three Standalone Companies
Toshiba Corporation (TOKYO: 6502) ("Toshiba" or the "Company") today announced its intention to separate into three standalone companies:
- Infrastructure Service Co., consisting of Toshiba's Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions and Battery businesses;
- Device Co., comprising Toshiba's Electronic Devices & Storage Solutions business; and
- Toshiba, holding its shares in Kioxia Holdings Corporation (KHC) and Toshiba Tec Corporation (TOKYO: 6588).