Toshiba is a Japanese multinational conglomerate, born from the 1875 Tanaka Engineering Works (Hisashige Tanaka's venture) and Hakunetsusha (Ichisuke Fujioka's electric lamp company), merging in 1939 to form Tokyo Shibaura Electric, later known as Toshiba, pioneering technologies from telegraphy and power to semiconductors, laptops, and digital solutions, known for innovation but also facing challenges like a major 2015 accounting scandal, leading to restructuring and focus on core strengths like digital products and infrastructure.
Key Milestones
- 1875: Hisashige Tanaka opens a telegraph equipment factory, marking the beginning of Toshiba's history.
- 1890: Manufacture of Japan's first electric incandescent light bulbs.
- 1930: Completion and release of Japan's first electric washing machines and refrigerators.
- 1939: Tokyo Electric Company merges with Shibaura Engineering Works to form Tokyo Shibaura Electric Co. Ltd. (renamed Toshiba Corporation in 1978).
- 1954: Invention of Japan's first digital computer, the TAC.
- 1967: Development of the world's first automatic zip code reader and entry into the HDD industry.
- 1985: Introduction of the world's first laptop personal computers.
- 1989: Introduction of the Dynabook notebook personal computer.
- 1991: Development of NAND EEPROM flash memory technology.
- 1995: Creation of the first DVD (in collaboration with other companies).
- 2001: Commercialization of the world's first HDD & DVD video recorder.
- 2004: Recognition in the Guinness World Records for the world's smallest HDD (0.85-inch).
- 2006: Acquisition of Westinghouse's nuclear power business.
- 2016: Demonstration of quantum cryptographic communications covering the world's longest distance of over 600km.
- 2017: Sale of the memory chip business (later renamed Kioxia) to a Bain Capital-led group amidst an accounting scandal and Westinghouse's bankruptcy filing.
- 2023: Delisting from the Tokyo Stock Exchange as the company went private under a new ownership structure, marking a major transformation in its corporate history.
Overview
- Common Name: Toshiba
- Year Founded: 1939
- Founders: Hisashige Tanaka and Ichisuke Fujioka
- Origin: Tokyo, Japan
- Headquarters: 72-34, Horikawa-cho, Saiwai-ku, Kawasaki-shi, Kanagawa 212-8585, Japan
- Tagline: Leading Innovation
Main Products
- PCs & Laptops (Legacy/Dynabook): Known for quality laptops (Portégé, Tecra, Satellite), now under Dynabook after Sharp acquisition.
- Storage: Hard Drives (HDDs) were a major product, though the business has evolved.
- Servers & Enterprise IT: Focus on enterprise storage, servers, and digital transformation solutions.
- Semiconductors: Flash memory (NAND), image sensors.
- Energy & Infrastructure: Nuclear power, thermal power, railways, elevators, lighting.
Innovation & Partnership
Green Hydrogen and Energy
- Bekaert (Belgium): Toshiba Energy Systems and Solutions Corporation has a global partnership with the Belgian company Bekaert to accelerate green hydrogen production. The collaboration focuses on developing Membrane Electrode Assemblies (MEAs), where Toshiba's iridium-saving technology (reducing usage by 90%) is combined with Bekaert's expertise in Porous Transport Layers (PTLs).
- Tsinghua University (China): In the late 2000s, Toshiba partnered with the university to form a research facility in Beijing focused on energy conservation and environmental technologies, including power systems and reducing car pollution.
- BT Group (UK): Toshiba and BT have a significant partnership in quantum communications, having been recognized for their collaboration in 2022.
- Orange Business (France): Orange Business and Toshiba partnered to launch the first commercial quantum-safe network service in France, using Toshiba's Quantum Key Distribution (QKD) technology.
- SpeQtral, ST Engineering, and SPTel (Singapore): Toshiba is heavily involved in shaping Singapore's quantum-safe infrastructure through partnerships with these local entities, aiming to secure national digital landscapes and critical communications for regional banks and governments.
- KT and Shinhan Bank (South Korea): Toshiba Digital Solutions has collaborated with South Korean partners KT and Shinhan Bank to demonstrate hybrid quantum secure communications technology for financial networks.
- DENSO (Global): DENSO selected Toshiba as a co-creation partner for building IoT system infrastructure across its approximately 130 factories worldwide. The collaboration aims to significantly improve manufacturing productivity using Toshiba's GridDB database.
- FPT Information Systems (Vietnam/Japan): FPT and Toshiba Information Systems signed an MOU building on a 10-year collaboration to address the semiconductor workforce shortage and expand into new areas like IC testing and manufacturing, including establishing an Offshore Development Center in Vietnam.
- Accuvia Software Group and Calimax (Global/Mexico): Toshiba Global Commerce Solutions has an extensive alliance program with numerous partners, including software vendors like Accuvia and retailers such as Calimax, to provide integrated commerce solutions and enhance the in-store customer experience.
- Motorola (USA): Historically, Toshiba had a joint venture with Motorola to design and manufacture memory chips and microprocessors.
- IBM (USA): Toshiba formed multiple joint ventures with IBM to develop computer memory chips (flash memory) and manufacture flat-panel liquid crystal displays.
Sustainability
Toshiba's sustainability efforts cover Environment (climate action, circular economy, resource conservation), Social (human rights, DEIB, health & safety, supply chain), and Governance (compliance, risk management, AI safety) aspects, guided by their "Environmental Future Vision 2050" and aiming for net-zero GHG emissions by 2050, focusing on innovation like SCiB™ batteries and sustainable product design for lasting environmental impact.
- Climate Change: Commitment to net-zero GHG emissions by FY2050.
- Circular Economy: Reuse, refurbishment, and responsible recycling of products, plus sustainable materials (recycled plastics, halogen-free).
- Resource Management: Proper management of chemicals, water conservation, and biodiversity consideration.
- Sustainable Products: Development of eco-friendly products like the SCiB™ battery for grid stability and energy storage.
Market Position
- Ticker: Delisted from the Tokyo Stock Exchange (TYO) in December 2023 after a private equity buyout.
- Market Cap: Approx. N/A
Valuation: Toshiba Corporation is now a private entity after a $14 billion (approximate) deal was finalized by a JIP-led consortium. Therefore, a public market capitalization no longer applies to the main corporation.
Revenue: For the fiscal year ending March 31, 2025 (FY2024), Toshiba reported consolidated net sales (revenue) of 3,513.9 billion yen (approximately $23.5 billion USD, depending on exchange rates). This reflected a strong recovery and significant increase in operating income across its business segments.
Useful Links
Browse authorized repair centers and official retail stores of Toshiba using the links below to get support or shop for products on Google Maps.
Customer Support
- Website: www.toshiba.eu
- Online Help: Toshiba Help & Support