AP NEWS

Toshiba Client Solutions Joins Sharp Group, Looks to a Positive Future

October 2, 2018

TOKYO & IRVINE, Calif.--(BUSINESS WIRE)--Oct 2, 2018--Toshiba Client Solutions Co. Ltd. (TCS) today becomes the newest member of Sharp group, following the completion of the transfer of 80.1% of its stock from Toshiba Corporation to Sharp Corporation. Closure of the transaction follows an announcement by Toshiba and Sharp on June 5 this year, and positions TCS to make a new beginning and promote its business with the full resources and support of Sharp group.

Towards promoting early business expansion, ensuring effective and timely decision making in the intricate, and fast changing ICT market, and to promote close relations and strong synergies with Sharp, TCS has put in place a new management team. Yoshihisa Ishida, the Vice President of Sharp, joins the company as its new Chairman. Kiyofumi Kakudo, who has guided TCS’s recent revival, retains his position as President and CEO.

Going forward, TCS will deploy its time-tested expertise in engineering and product development, quality, and service support within the context of Sharp’s growth strategies, Sharp 8K and AIoT strategy. Drawing on Sharp’s world class technology portfolio, and strengths in procurement and sales, TCS aims to maximize synergy with its new parent, and is committed to delivering even more excellent products, solutions, and services that meet customer needs and demands.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181001006088/en/

CONTACT: Toshiba Client Solutions Co. Ltd.

Eric Paulsen

eric.paulsen@toshiba.com

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA JAPAN

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE MANUFACTURING ENGINEERING

SOURCE: Toshiba Client Solutions Co. Ltd.

Copyright Business Wire 2018.

PUB: 10/02/2018 01:54 AM/DISC: 10/02/2018 01:54 AM

http://www.businesswire.com/news/home/20181001006088/en

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