Toshiba proposals to the management plan of the restructuring will help the Japanese corporation to avoid annual losses of $ 4.5 billion. Companies will have to be reduced to 30% of the personnel engaged in the design and manufacture televisions, laptops and household appliances. Toshiba will focus on the implementation of these types of products in the domestic market of Japan, except that laptops will continue to be offered to corporate clients in the United States. Toshiba Semiconductor business is not affected by the reforms - solid state memory are highly demanded. In addition, the Japanese corporation will retain the assets in the nuclear power industry.
As Reuters reports citing citing CFO Toshiba Japanese media for the success of the restructuring of Japanese corporations need to take at least an additional $ 2.49 billion. Before the end of January. Creditors, according to tradition, must speak to Japanese banks.
In addition, Toshiba is considering the sale of units engaged in production of medical equipment. It is expected that all the restructuring measures will enable Toshiba to March 2017 save up to $ 2.5 billion.