How can you buy Toshiba shares?
Toshiba is a large electronics company that produces laptops. The company is also the largest semiconductor manufacturer in Japan. Still, investing in the Toshiba share is not without risk: the accounting scandal and the nuclear disaster’s have put the price of the share under pressure. Do you still want to invest in Toshiba stock? On this page you can see directly where to buy Toshiba shares. You can also consult the latest Toshiba stock price here.
How can you actively invest in Toshiba?
Toshiba is a suitable share for active trading because of the high level of volatility. Both the losses caused by problems with the nuclear division and the accounting scandal have depressed the share price. As an active investor, you can perfectly respond to this by opening a short position. With a short position, you obtain a positive result when the price falls.
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Where can you buy Toshiba stocks?
Do you want to buy Toshiba shares? Before you do this, it is important to analyse the company’s vision for the future. Do you think the company’s current strategy will lead to further growth in the future? Then it is smart to buy Toshiba stocks. A good party to buy Toshiba shares is eToro. eToro does not charge a fixed transaction fee when you buy Japanese shares. With the button below you can directly open an account with eToro:Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.
What is the current stock price of Toshiba?
Are you curious about the latest price developments of the Toshiba share? In the chart below you can track how the CFD price of Toshiba is performing. Would you like to trade directly in the stock? Then use the buy and sell buttons.
About the company Toshiba
Toshiba is a major innovator in the field of technology. The company manufactures all kinds of electronic and electrical products. Among other things, the company makes digital consumer products, energy systems, communication systems, and household appliances.
The history of Toshiba begins as early as 1875. Then Hisashighe Tanaka founded an electrical engineering company: Shibaura Seisaku Sho. This company merged with Tôkyo Denki in 1939. The official name of the new company was Tokyo Shibauru Denki. The new company became known as Toshiba, which became the official name of the company in 1968. The name of the company consists of the Kajin signs tô and Shiba. Tô means ‘east’. Shiba means ‘magical plant’.
Toshiba became a large company through innovation and various acquisitions. In the forties and fifties of the last century, several industrial companies were taken over. Several subsidiaries were later established, such as Toshiba EMI (1960), Toshiba Chemical (1974), and Toshiba Carrier Corporation (1999).
Nuclear activities Toshiba and Westinghouse are not a success
Toshiba is also active in the field of nuclear activities with the production of boiling water reactors. In 2006, Toshiba acquired the Westinghouse Electronic Company, a company that produces pressurized water reactors. The market for nuclear reactors recovered at the beginning of the millennium, but the nuclear disaster at Fukushima put an end to this recovery in 2011.
In 2017, Westinghouse acquires the Stone & Webster business unit from Chicago Bridge & Iron. Together with this business unit, Westinghouse is working on the construction of two new nuclear power plants in the United States. However, the construction costs are higher than expected and the schedule is not met, which puts Westinghouse in financial difficulties.
Toshiba will have to write off more than €5.9 billion on its nuclear activities in 2017, which will have unpleasant financial consequences. In the financial year 2016/2017, Toshiba’s net loss will be more than €3 billion. Also, Toshiba will have negative equity in that financial year. These types of events can be a good reason to sell your Toshiba shares. By actively trading, you can respond perfectly to the latest positive & negative news about the company.
Record loss due to an accounting scandal
In 2015, Toshiba had a record loss of no less than €4.2 billion. The cause of this loss is an accounting scandal. In July 2015, it appears that the company had overstated profits by more than 1.2 billion U.S. dollars for 7 years. The profit figures will be corrected in December 2015.
Accounting scandals are bad for a company’s reputation. Shareholders lose confidence in a company like Toshiba. This is therefore not positive for the stock price. As an investor, you can respond to this by opening a short position during a crisis. You can also look for the right moment to buy the shares against a discount.
The inventor Toshiba
Many important inventions are made by Toshiba’s development departments. For example, Toshiba developed the first transistor television in 1959. Important inventions were the first laptop computer in 1985 and the first notebook computer in 1989. Toshiba developed the first DVD player in 1995. It is not without reason that Toshiba is known for its innovative power.
Do you think Toshiba will succeed in bringing electronic innovations to the market in the future as well? Then you should consider investing in Toshiba!