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

Three Toshiba presidents paved road to near-ruin

One man's stalled promotion in 2003 may have been the starting point

From left, former Toshiba Presidents Atsutoshi Nishida, Hisao Tanaka and Norio Sasaki

TOKYO -- Toshiba on April 1 handed its reins to an outsider for the first time in over half a century. Nobuaki Kurumatani, a former banker, has his hands full cleaning up messes that reduced the electronics conglomerate to a shadow of its former self. But how, exactly, did the company careen so far off track in the first place?

Sponsored Content

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

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