Toshiba set to delist in bid for revival under Japanese consortium

Company seeks new start with buyout partners like Rohm, Suzuki

20231122N Toshiba

Toshiba will delist from the Tokyo Stock Exchange in December after 74 years as a listed company. (Photo by Tsuyoshi Tamehiro)

YOICHIRO HIROI, AYA ONISHI and YUTA FUKUSHIMA, Nikkei staff writers

TOKYO -- Toshiba will delist on Dec. 20 after shareholders on Wednesday approved steps for the troubled industrial group to go private and seek a revival under a consortium led by buyout fund Japan Industrial Partners.

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