ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Returning Toshiba CEO faces trial by fire as CVC buyout offer looms

Tsunakawa once beat back a possible delisting, and now a fresh crisis awaits

In Act II as the company's CEO, Tsunakawa must find a balance between shareholder returns and growth for Toshiba.   © Reuters

TOKYO -- After years of friction with activist investors over corporate governance and the company's vision for growth, Toshiba is attempting a reboot as its former President and CEO Satoshi Tsunakawa once again takes the reins of the company and grapples with a potential buyout by U.K.-based CVC Capital Partners.

Tsunakawa will seek to make peace with the activist shareholders, but Toshiba still faces the same big challenge as under former CEO Nobuaki Kurumatani: how to satisfy shareholders' push for greater returns while investing in new business fields to drive future growth.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more