Recently, Japan's Toshiba Corporation announced its delisting, ending the 74-year history of listed companies since 1949. This incident has attracted widespread attention and even discussion.
As a large Japanese home appliance company with a long history and high reputation, Toshiba's delisting is undoubtedly a heavy blow.
After delisting, it will no longer be listed on the Tokyo ** Stock Exchange, which means that it will lose some convenient financing channels and capital support. This is undoubtedly a huge challenge for a modern large enterprise.
However, someone immediately replied that the delisting did not mean that Toshiba's operations were in trouble.
In fact, Toshiba has maintained stable profitability in recent years. In fiscal year 2018, Toshiba Corporation achieved nearly 1With revenue of 5 trillion yen, net income reached 123 billion yen.
The reason for Toshiba's delisting is mainly due to financial considerations. The Company believes that the delisting will help optimize the capital structure, reduce financing costs and improve operating efficiency.
Obviously, this is a new strategy in itself. Of course, the views of all sectors of society on Toshiba's delisting are not the same.
Some people believe that the delisting is a desperate move by Toshiba and a necessary means for the company to redeem itself. This should be the strategic side.
In today's highly competitive global economic environment, enterprises must constantly adjust their strategies and improve efficiency in order to remain invincible in the fierce market competition.
Others argue that the delisting is a failure for Toshiba. This is the side that looks at the ending and not the process.
The main argument is that as a 74-year-old company, Toshiba should not easily give up on going public, but should stick to it. Delisting can have a number of negative impacts on a company, including damage to brand image and loss of investor confidence.
Who's right and who's wrong?The best and the worst?We can analyze and comment from multiple angles.
First of all, from a financial point of view, Toshiba's delisting is due to the consideration of optimizing the capital structure and reducing the cost of financing. This shows that the company is looking for a more efficient and flexible way of capital operation to cope with the increasingly fierce market competition. It's positive, proactive.
Of course, the delisting also means that the company loses the convenient financing channels and capital support brought by the listing, which may bring certain challenges to the company's future development. If it is Toshiba, which is optimized and good, it is clear that there is no such problem, and there may be a better alternative.
Secondly, from a strategic point of view, Toshiba's withdrawal.
The city is an important measure to adjust its strategy and improve efficiency. In the highly competitive environment of the global economy, enterprises must constantly adjust their strategies and improve efficiency in order to remain invincible in the fierce market competition. It's obvious.
Therefore, Toshiba's delisting may be a necessary adjustment to adapt to market changes and improve its competitiveness. This should be seen in everyone's eyes, not in the eyes of others. Otherwise, wouldn't it be a hundred to give up?Why regroup?
Indeed, the delisting will have a certain impact on Toshiba's brand image and investor confidence. Because Toshiba, a company with a history of 74 years and such a large brand influence, has disappointed some investors and consumers, and they are worried about the company's future development. This is also the common sense of human beings and the common sense of the world.
Therefore, Toshiba needs to strengthen brand promotion and investor relations management after the delisting to maintain its brand image and investor confidence. Looking ahead, Toshiba also needs to develop a suitable development strategy to continuously improve its competitiveness to meet the challenges of the market. At the same time, companies also need to strengthen communication and exchanges with investors and consumers to enhance their trust and support.
In short, delisting is easy, but it will be difficult to restart. Toshiba has a glorious past, and whether there is a brilliant future, is indeed still a mystery, as far as the reality is concerned, the enterprise has a new strategy is always more expected than no new strategy!