The company was inherited by Tanaka's adopted son, and later became half of the present Toshiba company. It also manufactured switches, and miscellaneous electrical and communications equipment. Established in 11 July 1875, it was the first Japanese company to manufacture telegraph equipment. Tanaka Seisakusho ( 田中製作所, Tanaka Engineering Works) was the first company established by Tanaka Hisashige, one of the most original and productive inventor-engineers during the Tokugawa / Edo period. 1.8 2017 US nuclear construction liabilities.It expects to complete the plan by March 2024. Toshiba ultimately announced on 12 November 2021 that it would split into three separate companies, respectively focusing on infrastructure, electronic devices, and all other remaining assets the latter would retain the Toshiba name. Its reputation has since been affected following an accounting scandal in 2015 and the bankruptcy of subsidiary energy company Westinghouse in 2017, after which it was forced to shed a number of underperforming businesses, essentially eliminating the company's century-long presence in consumer markets. It is listed on the Tokyo Stock Exchange, where it was a constituent of the Nikkei 225 and TOPIX indices (leaving both in August 2018), and the Nagoya Stock Exchange.Ī technology company with a long history and sprawling businesses, Toshiba is a household name in Japan and has long been viewed as a symbol of the country's technological prowess. The company name was officially changed to Toshiba Corporation in 1978. ( Tokyo Shibaura Electric Co., Ltd) which in turn was a 1939 merger between Shibaura Seisaku-sho (founded in 1875) and Tokyo Denki (founded in 1890). The Toshiba name is derived from its former name, Tokyo Shibaura Denki K.K. As a semiconductor company and the inventor of flash memory, Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as Toshiba Memory, later Kioxia, in the late 2010s. It was one of the biggest manufacturers of personal computers, consumer electronics, home appliances, and medical equipment. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives (HDD), printers, batteries, lighting, as well as IT solutions such as quantum cryptography. Toshiba Corporation ( 株式会社東芝, Kabushikigaisha Tōshiba, English: / t ə ˈ ʃ iː b ə, t ɒ-, t oʊ-/ ) is a Japanese multinational conglomerate headquartered in Minato, Tokyo.