Toshiba, under management rehabilitation, is set to increase investments in the electricity and defense sectors, as revealed by Corporate Senior Executive Vice President Koji Ikeya in a recent interview. The Japanese electronics and machinery giant plans to double its investments to around ¥50 billion by fiscal 2026, the last year of its three-year medium-term management plan. This is a significant jump from the fiscal 2023 level.
Ikeya emphasized that the focus will be on energy and infrastructure operations, with the aim to enhance profitability and drive growth for the company. The decision to ramp up investments underscores Toshiba’s commitment to strengthening its position in key sectors and adapting to the changing business landscape.
With this strategic move, Toshiba is poised to capitalize on emerging opportunities and cement its standing as a leading player in the market. The increased investments reflect the company’s determination to overcome challenges and chart a path towards sustainable success in the future.
\
[ad_2]
Source link
