
Toshiba Corporation (TOKYO: 6502) and Toshiba Group (hereafter collectively Toshiba ) will develop and implement Toshiba Next Plan as a five-year transformation plan. Toshiba Next Plan will include measures for enhancing core earning power, and medium- and long-term strategies for individual business. Toshiba plans to announce details, including numerical targets, within this year.
Under its new management team, Toshiba is making 2018 the first year of its transformation into an excellent company with high earning power, and the ability to survive in competition with the world's leading companies. Going forward, Toshiba will implement stepwise measures that extend its capabilities and enhance earnings.
Toshiba Next Plan is being developed from the viewpoint of shareholders and investors, and its scope will include key performance indicators (KPI) in each business, the compensation system for executive officers, and portfolio management. Toshiba aims to maximize enterprise value by building a firm financial base and securing stable growth, and is determined to regain the trust of all stakeholders by resolutely accomplishing the plan's targets.
1. Toshiba Group Management Policy and Focus Areas Toshiba will contribute to the realization of a sustainable future by focusing on business domains centered Social Infrastructure , Energy , Electronic Devices and Digital Solutions the basic infrastructure that sustains modern life and society and channel reliable technologies into creating new value.
2. Outline of Toshiba Next Plan (1) Measures to strengthen basic earning power
As a short-term measure, Toshiba will strengthen core earning power by concentrating on measures to build strong management infrastructure , improve operations and further structural reform .
i. Build strong management infrastructure
Toshiba will determine and visualize KPI for individual businesses that can be shared on both the
management and operation sides.
Toshiba will also expand confirmation procedures for handling daily expenses, and continue to
enhance accounting compliance confirmation processes, so as to broaden internal audit
functions.
ii. Improve Operations
Toshiba will cut the cost of sales ratio with a thoroughgoing reform of value chains, extending
from procurement and engineering to manufacturing and sales.
It will also reinforce project evaluation and monitoring functions by refining the process to
confirm the profitability of new orders and oversee their execution, in addition to the current
checks in the accounting process.
iii. Further structural reform
Toshiba will strengthen its constitution and build a muscular organization by focusing on
restructuring in areas that include the energy business domain, indirect staff, and the number of
group companies. Details of actions to be taken will be disclosed as decided.
(2) Mid-term business strategies
Toshiba will create a mid-term strategy for each business based on targets set by benchmarking the world's leading companies. In achieving those targets, each business will focus on free cash flow and return on invested capital, which better indicate the power to generate cash than net sales figures.
(3) Transformation to a Recurring Business model
Building on each business's mid-term strategy, Toshiba intends to use digital solutions to promote the transformation of its businesses to a profitable recurring business model. Defining the ideal image of each business over the next five years, and then combining their strengths with Toshiba's digital technologies for AI and IoT, will drive forward a shift enabling the businesses to deliver more services and solutions that maximize Toshiba's value to customers. Through this approach, Toshiba aims to transition to a recurring business model that realizes consistently profitable results.
3. Implementation of new compensation system In parallel with Toshiba Next Plan, Toshiba will introduce a new compensation structure that puts a clear emphasis on medium- and long-term enterprise value. With the intent of making medium- and long-term business performance a clear and effective incentive, Toshiba will implement a restricted stock compensation system for Executive Officers in July this year, a system that places limitations on stock transfers for a certain period.
Going further, Toshiba will closely consider how to best link its compensation system to the transformation and business plans it intends to announce within this year, as aspects of the overall Toshiba Next Plan. Incentives will be linked to performance over the course of the business year and to the achievement of targets in mid-term business plans, and structured into a system that includes stock grants.
Most recent headlines
06/10/2025
France T l visions, France's leading broadcaster, has received the 2025 EBU ...
04/09/2025
Monumental Sports & Entertainment (MSE), in collaboration with Dalet, has been a...
07/08/2025
July 8 2025, 22:30 (PDT) Tata Motors & Dolby Bring Dolby Atmos to Harrier.ev, R...
14/07/2025
The Royal Moroccan Air Force hosted a C-130 award ceremony with L3Harris Technologies President of Intelligence, Surveillance and Reconnaissance Jason Lambert a...
14/07/2025
UK launch set for September, following on from recent US and Germany releases
London - UK, July 14, 2025 - Nielsen, a global leader in audience measurement, da...
14/07/2025
SHENZHEN, China Telycam has added control options for its portfolio of pan-tilt-zoom (PTZ) cameras with a new plug-in for Elgato's Stream Deck family of con...
14/07/2025
The awards are open to IBC2025 show exhibitors and offer a valuable platform for companies to raise awareness for the new products and solutions they will be la...
14/07/2025
Clear-Com is excited to announce a significant expansion of the award-winning Arcadia Central Station with new software updates. Together, these releases dram...
14/07/2025
Grass Valley and Daktronics today announced a strategic technology partnership that unites Grass Valley's live production expertise with Daktronics' lea...
14/07/2025
Cloud playout solutions provider, Veset, and swXtch.io, provider of cloud-based multicast and reliable networking solutions, are partnering to deliver multicast...
14/07/2025
Tintri , a DDN subsidiary and leader in AI-powered data management solutions, today announces a game-changing and award-winning refresh to its global Partner P...
14/07/2025
HighField AI, the broadcast industry's first agentic and multimodal AI platform for automating graphics production, is now commercially available. Developed...
14/07/2025
Encompass Digital Media has today announced that it has been delivering a complex global services project for DAZN, the world s leading sports entertainment pla...
14/07/2025
MASV (massive.io), the fastest, most reliable large file transfer platform trusted by over 10,000 global organizations, announced today it will showcase its nex...
14/07/2025
Calrec is introducing a series of usability, customisation and system enhancements across the entire range of Argo consoles at IBC 2025, on Stand 8.C47. Look ou...
14/07/2025
Fincons Group, IT business consultancy and systems integrator company with more than 40 years of experience in the market, is proud to announce a new engagement...
14/07/2025
Stand 5.F45, IBC2025, Amsterdam, 12 15 September 2025 Intinor returns to IBC to present the latest updates to its Direkt series. A key development on show is ...
14/07/2025
Sony's New Coach's Headset Was Designed in Collaboration With the NFL Featuring a custom dynamic boom mic, the headset will debut in the fall By Dan Da...
14/07/2025
Live From MLB All-Star 2025: MLB Network's Marc Caiafa and Tom Guidice on th...
14/07/2025
Back to All News
Netflix ISP Speed Index for June 2025
Product
14 July 2025
Global
Link copied to clipboard
One percent of Internet Service Providers (ISP...
14/07/2025
Back to All News
Netflix Begins Filming The Map of Longing With Al cia Falc , P...
14/07/2025
This July marks 100 days since I officially stepped into the role of CEO at Grass Valley, a milestone not of abrupt change, but of confident continuity.
Unlike...
14/07/2025
Enhancing Public Service Broadcasting with
Innovation, Accuracy & Sustainability
New regional detail and local towns featured...
13/07/2025
Back to All News
Netflix Expands B&B Universe' with Yu Jae Seok's B&B ...
13/07/2025
Live From MLB All-Star 2025: MLB Network Marks Five Straight Years of Onsite MLB...
12/07/2025
Ryan Coogler accepting the 2013 Vanguard Award. Photo by Alberto E. Rodriguez.
Editor's Note: In honor of Fruitvale Station s 12th anniversary, we're d...
12/07/2025
Key Code Education, the professional training division of Key Code Media, proudly announces a major update to its Adobe Premiere Pro Engineering and Advanced Op...
12/07/2025
Key Code Education, a leader in instructor-led post production training for over...
12/07/2025
As the death toll continues to mount, with at least 120 killed and more than 170 people still missing on July 10 from devastating Texas floods, a number of broa...
12/07/2025
EL SEGUNDO, Calif., and MIAMI -DirecTV and TelevisaUnivision have signed a deal that will make the ad-supported premium subscription tier of ViX, ViX Premium wi...
11/07/2025
PARK CITY, UTAH, July 11, 2025 - The nonprofit Sundance Institute announced today the 11 producers chosen for its annual Producers Labs, returning to Ucross Fou...
11/07/2025
If you've ever wondered what might be playing in Clark Kent's headphones...
11/07/2025
L3Harris Technologies President of Intelligence, Surveillance and Reconnaissance Jason Lambert and General Manager of L3Harris Waco facility Sean Ling held a ce...
11/07/2025
ARLINGTON, Va. WETA, the flagship public media station in the national capital area, has launched WETA+, a new streaming service tailored for the local Washingt...
11/07/2025
The Federal Communications Commission has emerged as one of the central players in the broadcast TV landscape in 2025, with its deregulatory policies sparking h...
11/07/2025
Calrec will introduce usability, customization and system enhancements across its entire range of Argo consoles during IBC2025, Sept. 12-15, at the RAI Amsterda...
11/07/2025
LONDON Encompass Digital Media said it will support live and on-demand viewing of the 2025 FIFA Club World Cup across multiple global regions for sports enterta...
11/07/2025
Two-thirds of broadcast engineers reaped the benefits of a pay raise within the last year....
11/07/2025
CARY, N.C. SmallHD has launched the Quantum 27, a new 26.5-inch Quantum-Dot OLED monitor designed to deliver postproduction image quality in a compact, set-frie...
11/07/2025
The Federal Communications Commission's Enforcement Bureau and Tegna have entered into a consent decree that will settle an investigation into the accidenta...
11/07/2025
WASHINGTON Following news in early July that Paramount had settled President Donald Trump's lawsuit, Sens. Edward J. Markey (D-Mass.) and Ben Ray Luj n (D-N...
11/07/2025
Model/Actriz Performs Lead Single Cinderella on The Late Show with Stephen Colbe...
11/07/2025
Behind the Mic: Amazon Prime Preps for First Season of NBA Action; MSG Networks ...
11/07/2025
SVG New Sponsor Spotlight: Suite Studios' Craig Hering on Adapting to Client...
11/07/2025
2025 SVG Content Management Forum Breaks Down AI's Impact, Continued Transit...
11/07/2025
A Journey HOME: University of Nebraska's HuskerVision Goes IP Leaders from the HuskerVision and Lawo share their IP learnings By SVG Staff
Friday, July 1...
11/07/2025
CMSI, Remote Picture Labs, Ace ESPN's Cloud-Based Editing Efforts for Wimble...
11/07/2025
Netflix Enters the Live-Boxing-Production Ring for Round 2 With Historic Taylor-...
11/07/2025
Back to All News
Too Hot to Handle: Italy Is Coming on July 18 Only on Netflix
Entertainment
11 July 2025
GlobalItaly
Link copied to clipboard
July 11, 20...