Previous close | 19.42 |
Open | 19.43 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 19.21 - 19.43 |
52-week range | 17.36 - 23.30 |
Volume | |
Avg. volume | 35,004 |
Market cap | 16.854B |
Beta (5Y monthly) | 0.77 |
PE ratio (TTM) | 11.27 |
EPS (TTM) | 1.72 |
Earnings date | N/A |
Forward dividend & yield | 1.53 (7.89%) |
Ex-dividend date | 29 Jun 2022 |
1y target est | N/A |
Toshiba Corp on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip shortage and a sharp rise in costs for raw materials. Higher material and logistics costs pushed down its operating earnings by 9.4 billion yen, while a chip shortage had a negative impact of about 3 billion yen, the company said. Bain Capital, CVC Capital Partners and Brookfield Asset Management as well as a consortium involving state-backed Japan Investment Corp and private equity firm Japan Industrial Partners have been selected by Toshiba to proceed to a second bidding round.
Japan's Toshiba Corp has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management to proceed to a second bidding round, people briefed on the matter said. The race for what could be the country's biggest buyout deal this year gathers pace as the four bidders are now invited to conduct due diligence for several months. In addition to the three, a consortium involving state-backed Japan Investment Corp (JIC) and domestic private equity firm Japan Industrial Partners (JIP) has been selected, said the sources, who declined to be identified as the matter is private.
KKR & Co does not plan to lead a bid for Japanese conglomerate Toshiba Corp at this point, three people with knowledge of the situation said, as the race for what could be the country's biggest buyout deal this year gathers pace. KKR could, however, still take part in a deal as an equity partner, said two of the sources. A spokesperson for KKR declined to comment.