News | Press Releases

December 21, 2015

Inviting outside investment in the business based on “Toshiba Revitalization Action Plan”

Otawara, Japan, December 21st, 2015 - Toshiba Medical Systems Corporation (“TMSC”, President: Toshio Takiguchi; Headqurters: Otawara, Tochigi, Japan), has decided to work on inviting outside majority shareholder(s), in order to strengthen the financial ability to further realize our growth strategies, following the announcement of “Toshiba Revitalization Action Plan” by Toshiba Corporation.

Within the process of developing mid-term plans, Toshiba's decision is based on careful and through consideration that it is appropriate to invite outside investment to TMSC, in order to gain sufficient business resources for appropriate investment towards TMSC’s further growth.

TMSC has been contributing to medical industry by providing innovative and advanced products, solutions and services to its customers worldwide. But the industry is growing and changing rapidly with new technologies and business fields. In order for TMSC to realize its potential and to maximize its value to the full, making active and timely investments towards further growth and cutting-edge innovations is, inevitable. TMSC has been conducting many R&D investments, but for the future growth and innovation of technology and products, it is important to continue making further investments, including M&As.

Inviting outside investment will allow TMSC to make active and timely strategic investments and secure sufficient business resources for research & development, etc. for further business growth.

About Toshiba Medical Systems Corporation

Toshiba Medical Systems Corporation is a leading worldwide provider of medical diagnostic imaging systems and comprehensive medical solutions, such as CT, X-ray and vascular, ultrasound, nuclear medicine, and MRI systems, as well as information systems for medical institutions. Toshiba Medical Systems Corporation has been providing medical products for over 80 years. Toshiba Medical Systems Corporation is a wholly-owned subsidiary of Toshiba. Visit Toshiba Medical Systems Corporation's web site at www.toshibamedicalsystems.com.

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