|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.60 - 13.72|
|52 Week Range||9.06 - 18.11|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||0.94|
|Forward Dividend & Yield||0.09 (0.67%)|
|Ex-Dividend Date||Mar. 27, 2020|
|1y Target Est||N/A|
Toshiba Corp said on Monday it aims to generate $3 billion (2.3 billion pounds) in revenue from its advanced cryptographic technology for data protection by 2030, as the Japanese sprawling conglomerate scrambles to find future growth drivers. The cyber security technology, called quantum key distribution (QKD), leverages the nature of quantum physics to provide two remote parties with cryptographic keys that are immune to cyberattacks driven by quantum computers.
Toshiba Corp on Tuesday said it will exit the money-losing system LSI chip business as the Japanese conglomerate aims to boost the group's profit margins. The chip business includes image recognition processors supplied to Toyota Motor Corp, although Toshiba said it would continue sales and support operations for existing customers. Toshiba plans to relocate or offer early retirement options to 770 employees at its system LSI business, a step that will cost the Japanese company 11.8 billion yen ($111.77 million) but has already been factored in its earnings outlook.
Kioxia had planned to list on the Tokyo Stock Exchange on 6 October.