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Toshiba's top-three executives, from left to right, Chairman Atsutoshi Nishida, President Hisao Tanaka and Vice Chairman Norio Sasaki give a handshake, hiding their feud against each other. (job titles as of 2013. Photo by Kosaku Mimura)
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TAKASHI SUGIMOTO and EIKI HAYASHI, Nikkei staff writers | Japan

TOKYO It was fall 2009 and Toshiba's new executive team was briefing current and retired executives on its management policy. A speech by the newly installed president and CEO, Norio Sasaki, stunned the audience into silence.

"You will witness a way of management that is different from the one you've seen until now. We will get the company back into the black in the first year of operations [under the new team]." Sasaki had dismissed the management policy and strategy of his immediate predecessor, Atsutoshi Nishida, with the man himself in the audience.

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