00:00 It was a stalwart of the Tokyo Stock Exchange for 74 years, but Wednesday saw Toshiba shares
00:07 delisted following a buyout by investors.
00:11 That came after a decade of upheaval and scandal that brought chaos to one of Japan's biggest
00:16 brands.
00:17 It's now owned by a group led by private equity firm Japan Industrial Partners.
00:22 Other members include financial services firm Oryx and chipmaker Roam.
00:27 The $14 billion takeover puts Toshiba back in Japanese hands after years of battles with
00:32 overseas activist investors.
00:35 That had paralysed the giant conglomerate, which makes everything from batteries to robots
00:40 and nuclear power stations.
00:43 Now it's very unclear what shape the firm will take under its new owners.
00:48 But analysts bet chief executive Taro Shimada, who is staying on, will focus on high-margin
00:53 digital services.
00:56 Toshiba is widely expected to start divesting some assets.
01:00 It's also teamed up with Roam to invest billions in new chip production capabilities.
01:05 One Toshiba watcher said the firm could have a "bright future" if it got rid of its low-margin
01:11 units and freed up its engineers to innovate.
01:14 -Toshiba, 2013-
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