Toshiba delisted after 74 years, faces future with new owners

FILE PHOTO: The logo of Toshiba Corporation is displayed at the company's building in Tokyo, Japan, April 5, 2023. REUTERS/Androniki Christodoulou/File Photo

TOKYO (Reuters) - Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan's biggest brands and ushered in a buyout and an uncertain future.

The conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP) that also includes financial services firm Orix, utility Chubu Electric Power and chipmaker Rohm.