TOSHIBA
Toshiba is a company known from ancient times. Toshiba was established in July 1875 and headquartered at Shibaura 1-shome, Minato-Ku in Toyo Japan. The chairman of the Toshiba Company at that time was Nabuaki Kurumatani and Stoshi Tsunakan was president of the Toshiba Company. Toshiba also has more than 300, 000 shareholders and is a company with a very strong business mix.
In 1939 Toshiba became known as Tokyo Shibaura Denki KK. The change came as a result of the Shibaura Sesisako-Sha merger which was established in 1875 and Tokyo Denki was established in 1978. The company is involved in the distribution and manufacture of electrical equipment. In electrical production and manufacturing, Toshiba is the 9th largest manufacturer of semiconductors in the world and a leading manufacturer of computers in Tokyo. In 1873–1890 Toshiba developed the largest electrical and electronic products in the world. In addition, the Ministry of Engineering has been responsible for promoting telegraph equipment. That’s why Tanakan Engineering Works is a precursor to Toshiba’s company
In 1878, Ichisuke Fujioka, an Imperial College of Engineering student led by Professor William Ayrton, developed an arc lamp product in Japan. At this time, Fujioka has established Hakunetsu-Sha Co.Ltd. Tanaka Engineering Works has also created turbine gears and Hakunetsu-Sha has developed radio transmitters. This has forced Toshiba to import its electricity products from elsewhere.
The occurrence of the Kanto earthquake caused extensive damage and more than 100,000 people were killed. This incident has caused many companies to lose their jobs. During that time the president of the Toshiba Company had offered to help inspire the rebuild.
During the war Toshiba companies have increased sales or released many products. This is due to demand for radio products, vacuum tubes and other demand for product production. However, this production has been affected by the bombing attack on the factories in operation. In recent years, production has recovered as usual and has given a full focus on heavy machinery, but later the company has also produced smaller production of electrical products. In boosting production The Company has established a number of new subsidiaries to carry out sales activities especially in export to Southeast Asia.
But in the 1950s Toshiba companies succeeded in boosting the Japanese economy. The increase was due to the profitability of new product sales, the production of original technologies, the expansion of existing factories and the establishment of new production facilities to supply the growing market.
By 1973 Toshiba had invested more in R&D, this was because Toshiba wanted to benefit more from corporate resources while technology that provided the driving force behind business development. R&D organizations and higher R&D spending have led to many of the world’s first new technologies or the first in Japan. Improving production technology, maintaining quality, safe labour and reducing shipping time, this gives Toshiba a very high profitability.
In 1984, Toshiba replaced Tokyo Shibaura Denki as the company’s official name. The economic downturn in Japan in the 1990s led to Toshiba adopting strategies to achieve rapid growth. Toshiba focuses on semiconductor resources and expanding its PC business. In 1999, Toshiba introduced the company’s eight systems. Authorities have given greater autonomy and promoted faster decisions.
In the 21st century Toshiba continues to focus on restructuring businesses to strengthen their revenue base while striving to change their overall business structure by targeting the emerging and emerging business sectors. The goal is to become a stronger global competitor while creating Number One products and services and to be competitive at cost and attractive customers.
But despite the success in the production and sale of products there is definitely a tide. Toshiba has had problems in improving product sales and sales. This is because many competitors are able to produce products much better than Toshiba. This decline is likely due to Toshiba’s lack of customer demand. For example, customer satisfaction with the product and the quality of the product being produced does not reach the level of customer satisfaction. Additionally, Toshiba may rarely innovate on the products and technologies used.
This has left Toshiba unable to compete with other brands as other brands have been innovating the technology used to produce their products. The resulting innovation in technology has enabled the brand to produce better products from Toshiba. This has led to the decline in the Toshiba brand in the market and resulted in huge losses.
In conclusion, Toshiba at present has failed in improving production and failed in improving the quality of their products. This is because too many competitors are competing to produce the same product but better than Toshiba.
