Toshiba Corporation is a 140-year-old Japanese company that conducts business worldwide in a variety of industries, including semiconductors, personal electronics, infrastructure, home appliances, and medical devices. The company reported more than 63 billion dollars of net sales for the fiscal year ending in March 2015, and it employs more than 200,000 people worldwide.1 The manufacturing…
Author: Seongwu Han
Financial Times Acquired by Japan’s Nihon Keizai Shimbun in One of the Biggest Newspapers Deals Ever
On July 24th, 2015, the top officials of Nikkei, Japan’s largest media company, announced that the company has become the new owner of a prominent global newspaper, the Financial Times.1 The news came as a surprise to many, as senior executives of the FT and its parent company, Pearson, had been in negotiation with a…