Toshiba shareholders reject spin-off plan in key vote
Tokyo (AFP) March 24, 2022
Toshiba shareholders on Thursday voted against a proposal to split the Japanese conglomerate into two, dealing a fresh blow to management that will likely spell further turmoil for the embattled company.
The results of the ballot held at an extraordinary shareholder meeting are non-binding, but Toshiba had been hoping to shore up support ahead of a final vote next year on the plan to spin of