ex-hitachi-ceo-joins-toshiba-board-as-kioxia-surge-brightens-relisting-path
# Toshiba# Hitachi# Kioxia# relisting
Key Points
- Toshiba's June 30 announcement put former Hitachi president and CEO Kenji Kojima on its board
- The onetime archrival's playbook — restructuring and transformation — comes to Toshiba's boardroom
- Kioxia's soaring shares improve Toshiba's asset side and relisting visibility
Analysis
Toshiba's June 30 board announcement turned heads: Kenji Kojima, Hitachi's president and CEO until March 2025, joins as a director. The symbolism is rich — Hitachi is the textbook case of a heavy-industry giant that restructured its way back to strength, and Toshiba, rebuilding under private ownership, has now invited that playbook into its boardroom. The asset side helps too: Kioxia's soaring share price bolsters Toshiba's holdings and the relisting narrative. Execution remains the variable — whether an outside coach can move Toshiba's internal inertia on governance and portfolio choices.