Toshiba's reforms remain unfinished a year after going private

Toshiba's reforms remain unfinished a year after going private

Toshiba logos are pictured at a venue of Toshiba Corp's annual general meeting with its shareholders in Tokyo, Japan, June 25, 2021. REUTERS/Kim Kyung-Hoon/File Photo

In the year since Toshiba went private, the Japanese conglomerate has succeeded at improving profitability across the board, though it still faces the challenge of eliminating the organisational divisions that have prevented synergies between businesses.