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'Toshiba Next' is dead

Splitting the company into three does very little to alter underlying realities

| Japan
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.

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