Tokyo Stock Exchange
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Toshiba reports 76 percent jump in Q2 profit after recent sale of memory chip unit for $18 billion
•Toshiba maintained its full-year operating profit forecast of 430 billion yen, of which 419.4 billion yen would come from memory chips.
Toshiba is considering various measures in case the memory chip sale does not close by the end of the financial year
•The deal needs to close by end-March or Toshiba will likely report negative net worth — where liabilities exceed assets — for a second year running.
Toshiba is expected to suffer a net loss of $1 billion in taxes related to the sale of its memory chip unit
•Toshiba said that due to the tax impact, it expects a loss of 110 billion yen ($970 million) in the year to March.
Bain Capital to cash in on investment in the Toshiba chip unit; aims to list chip unit in three years
•US private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years.
US firm Bain Capital aims to list Toshiba chip unit on Tokyo Stock Exchange within three years
•US private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years.
Toshiba claims Western Digital is overstating its rights over a memory chip unit
•Western Digital said it was confident of its ability to protect its rights in the joint venture with Toshiba.
Toshiba is planning to selling its chip unit business to Bain Capital and SK Hynix
•Without an agreement soon, it will be difficult for Toshiba to gain by the end of the financial year in March,
Sharp expects to report its first net profit in four years
Fp Archives •Sharp forecast a profit of 59 billion yen ($530 million), reversing a loss of 24.9 billion yen a year earlier.
Nintendo shares rise highest with Pokemon Go's success
Fp Archives •The 'Pokemon Go' fever that has gripped smartphone users across the globe has led Japanese videogame giant Nintendo to double its value at the Tokyo Stock Exchange on Tuesday.
Nintendo's shares fall 6 percent after a 3 day surge since release of Pokémon GO
Fp Archives •Growing numbers of Pokemon Go players in Australia, one of three countries where Nintendo Co's smash-hit mobile game is available, are complaining they're having trouble logging in, raising concerns the Japanese firm may not be able to roll the game out globally as quickly as planned.