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4-Traders Homepage  >  Equities  >  Tokyo  >  Toshiba Corp    6502   JP3592200004

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Toshiba : Kyodo Top12 News

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02/18/2017 | 02:13am CET

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Trump now fully supports NATO: Mattis

BONN - U.S. President Donald Trump now fully supports the North Atlantic Treaty Organization despite his earlier criticism of the defense alliance, Secretary of Defense Jim Mattis said Friday.

"President Trump came into office and has thrown now his full support to NATO," Mattis said in a speech at a security conference in Munich.

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Toshiba wants to sell chip business without job losses

TOKYO - Toshiba Corp. wants to sell its chip business in a deal where the potential buyer would retain its current number of employees, sources close to the matter said Friday.

The stance is intended to allay concerns within and without the troubled company about the possibility of major job cuts as a result of a foreign company or investment fund taking control of the chip business, they said.

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N. Korea slams Malaysia over handling of half-brother's body

KUALA LUMPUR - North Korea denounced Malaysia on Friday over the handling of the estranged half-brother of leader Kim Jong Un, who was murdered, possibly with poison, in the Southeast Asian country earlier this week.

"We will categorically reject the result of the post-mortem conducted unilaterally," North Korea's Ambassador to Malaysia Kang Chol read out in a statement before midnight outside a hospital in Kuala Lumpur, where the autopsy was performed on the body of Kim Jong Nam.

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Dick Bruna, creator of rabbit Miffy, dies at 89: reports

BONN - Dick Bruna, the Dutch creator of Miffy the cartoon rabbit, has died of an unknown cause in his hometown of Utrecht, media reports said Friday. He was 89.

Bruna created the Miffy character in 1955 as a story to entertain his young son. Books about Miffy, known as Nijntje in Dutch, sold more than 80 million books globally.

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G-20 vows to cooperate in advancing development, peace building

BONN - Foreign ministers from the Group of 20 major developed and emerging economies affirmed on Friday cooperation in advancing global issues such as development, peace building and cooperation with Africa.

Wrapping up a two-day meeting in Bonn, Germany, the ministers agreed to step up efforts to prevent armed conflicts, a source of humanitarian crises and increased refugees, according to delegates.

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Japan, EU aim to clinch trade deal soon

BONN - Japanese Foreign Minister Fumio Kishida said Friday he and European Union trade commissioner Cecilia Malmstrom have confirmed their resolve to swiftly conclude ongoing free trade negotiations between the two economies.

"We reaffirmed that it is extremely important (to reach) a broad agreement...as soon as possible in order to counter protectionist moves," Kishida told reporters after meeting with Malmstrom in Bonn, Germany.

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Japan, Russia to hold ministerial security talks March 20

BONN - Japan and Russia will hold the "two-plus-two" dialogue between the two countries' defense and foreign ministers on March 20 in Tokyo after a hiatus of more than three years, Japanese Foreign Minister Fumio Kishida said Friday.

Kishida also said he agreed with his Russian counterpart Sergey Lavrov to promote talks to realize joint economic activities on four Russian-held, Japanese-claimed islands off Hokkaido, confirming the countries will hold their first talks on the issue in Tokyo on March 18.

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Fate of N. Korean's body still up in air, Malaysia police say

KUALA LUMPUR - Malaysian police said Friday that what to do with the body of the murdered half-brother of North Korean leader Kim Jong Un will be determined only after medical examiners establish the cause of his death.

They said North Korea officially submitted a request Thursday to claim the body of Kim Jong Nam, who was murdered at Kuala Lumpur International Airport on Monday, possibly with poison, through its embassy in Kuala Lumpur.

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Tillerson urges China to do more on N. Korea in 1st talks

BONN - U.S. Secretary of State Rex Tillerson on Friday urged China to do more in encouraging North Korea to refrain from taking provocative actions, in his first direct talks with his Chinese counterpart.

In the talks with Foreign Minister Wang Yi in the German city of Bonn, Tillerson "highlighted the increasing threat posed by North Korea's nuclear and missile programs and urged China to use all available tools to moderate North Korea's destabilizing behavior," according to U.S. Department of State acting spokesman Mark Toner.

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Japan, S. Korea at odds over "comfort women" statues

BONN - Japanese Foreign Minister Fumio Kishida and his South Korean counterpart Yun Byung Se were at odds Friday over so-called "comfort women" statues South Korean civic groups have erected near Japanese diplomatic establishments in Seoul and Busan, according to a Japanese official.

Meeting on the sidelines of a Group of 20 foreign ministerial meeting in Bonn, Germany, Kishida demanded that South Korea remove a statue symbolizing comfort women that stands in front of the Japanese consulate in Busan, the official said.

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Record 3.6 bil. yen in cash reported as lost property in Tokyo in 2016

TOKYO - A record-high 3.67 billion yen ($32.5 million) in cash was found and reported as lost property in Tokyo last year, topping the level marked nearly 30 years earlier when the Japanese economy was experiencing a bubble, police said Friday.

The figure is equivalent to around 10 million yen being found every day, according to the Metropolitan Police Department.

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Japan, China vow to implement U.N. sanctions on N. Korea

BONN - Japanese Foreign Minister Fumio Kishida and Chinese Foreign Minister Wang Yi on Friday affirmed the importance of implementing U.N. sanctions on North Korea in line with Security Council resolutions.

In a meeting in Bonn, Germany, Kishida and Wang agreed to make joint efforts to improve bilateral relations, especially as this year marks the 45th anniversary of the normalization of diplomatic ties, according to a Japanese official.

==Kyodo

© Kyodo News International, Inc., source Newswire

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02/18 TOSHIBA : Kyodo Top12 News
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Financials ( JPY)
Sales 2017 5 495 105 M
EBIT 2017 -
Net income 2017 -233 530 M
Debt 2017 673 425 M
Yield 2017 0,14%
P/E ratio 2017 -
P/E ratio 2018 5,82
EV / Sales 2017 0,26x
EV / Sales 2018 0,24x
Capitalization 779 719 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 295  JPY
Spread / Average Target 60%
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Managers
NameTitle
Satoshi Tsunakawa Executive President & Director
Masayoshi Hirata Chief Financial Officer & Director
Naoto Nishida Senior Managing Executive Officer
Yasuo Naruke Director & Representative Executive Vice President
Kouichi Ikeda Independent Outside Director
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1st jan.Capitalization (M$)
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3M CO2.45%109 075
SIEMENS AG3.25%108 792
HONEYWELL INTERNATIONA..7.52%94 814
E I DU PONT DE NEMOURS..5.57%66 996
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