Japan's Ministry of Health, Labour and Welfare says about 7.5 million internal Microsoft Teams messages were erased after a Toshiba maintenance error. Nearly three years of data vanished, and some records that count as official documents cannot be recovered.
Toshiba reported record net profit of 1.9673 trillion yen (about $12.5 billion) for fiscal 2025, a sevenfold jump driven by gains from selling its stake in Kioxia and a structural surge in transmission and HDD demand from AI data centers. Nearly two years after the JIP-led privatization, what has Japan's biggest private-equity restructuring actually changed? We compare it with Blackstone's Hilton success and the cautionary tale of Toys R Us.
Kioxia forecast a 48-fold jump in Q1 net profit to 869 billion yen ($5.5 billion), making the Japanese NAND maker Japan's single-largest AI beneficiary on a quarterly basis after Toyota. We unpack the US ADS listing plan, the supercycle reshaping NAND prices, the HBM gap with Samsung and SK Hynix, and what it all means for Japan's broader semiconductor revival.
Just three days after Denso's withdrawal, Mitsubishi Electric CEO Kei Urutsuma declared he wants to spin off only the power semiconductor businesses of all three companies and form a joint venture. This proposes a different framework from Rohm and Toshiba's full semiconductor integration plan, adding a new wrinkle to the world No.2 alliance vision. We analyze competition with Wolfspeed, Infineon, and STMicroelectronics, the SiC market share battle, and the impact on the EV industry.