Stephen Givens is a corporate lawyer based in Tokyo.
The Toshiba's strategic review committee report accompanying the announcement that the company will be spun into three component units makes for instructive but depressing reading.
Splitting the company into three does very little to alter underlying realities


Toshiba Chief Executive Satoshi Tsunakawa speaks during a news conference in Tokyo on Nov. 12: carving the company up does not do anything substantive to supply missing management vision or native competence. (Photo by Yoichiro Hiroi)
Stephen Givens is a corporate lawyer based in Tokyo.
The Toshiba's strategic review committee report accompanying the announcement that the company will be spun into three component units makes for instructive but depressing reading.