Toshiba Corporation, a technology giant that once led its time, is now coming to the end of its history. From its early glory in the 19th century to its slow decline in the 21st century, Toshiba's story is like an exciting movie, full of ups and downs and twists. For a period of time, Toshiba's advertising song "toshiba, toshiba, Toshiba in the new era" resounded through the streets and alleys of China and became the collective memory of a generation. However, with the company's delisting, the once-popular song will also become history.
Toshiba's delisting is a cautionary tale to all modern businesses: in a fast-moving market, there is no permanent leader. The story behind the decline of a technology giant that once led the era is worth pondering for every enterprise.
The ups and downs of Toshiba Corporation are not only the ups and downs of a corporate history, but also a microcosm of global economic changes. Founded in 1875, Toshiba was once the pride of Japan's manufacturing industry, home appliances, electricity, energy, and infrastructure. Its influence is almost everywhere. However, the company was mired in an accounting fraud scandal in 2015 and has been in a state of collapse ever since.
As Toshiba continues to announce mergers and acquisitions, the eyes of the world are focused on the fate of this long-established Japanese company. However, these programmes have been aborted. It is widely believed that this is not unrelated to Toshiba's sensitive technology and Japan's special cautiousness in the selection of investors. Toshiba's rise and fall seem to be inextricably linked to the larger political and economic forces behind it.
In the continuous struggle, Toshiba has changed from "buying, buying, buying" to "selling, selling, selling". Sony, Midea, Canon, Hisense, Sharp. A number of well-known Chinese and international enterprises have become buyers in the process of Toshiba's blood sales to continue their lives. This series of ** marks the gradual shrinking of Toshiba from a global technology giant. A former industry leader is now having to divest its core business** in order to survive.
Toshiba's eventual delisting symbolizes the end of an era. This is not only a sad thing for Toshiba, but also a common challenge for the entire Japanese manufacturing industry. In the tide of globalization, Toshiba's story reminds all businesses to always be vigilant about market changes and update their strategies and management, no matter how brilliant you have been. Toshiba's delisting is not only a farewell to an enterprise, but also a mirror image of an era.