Toshiba Chairman Osamu Nagayama sacked

Japanese big Toshiba, which was based in 1939 and is among the few corporations in relation to client electronics, doesn’t stand nonetheless.

The corporate, which withdrew from the laptop computer market, which it entered in 1985, and whose CEO resigned final yr, got here to the fore with a brand new occasion.


Toshiba buyers fired chairman Osamu Nagayama after it grew to become clear that the corporate was collaborating with the federal government to suppress the pursuits of overseas buyers.

Nagayama, 74, was just lately accused of working with the Japanese Ministry of Commerce to forestall abroad shareholders from gaining affect over the board at Toshiba.

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