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Worse Than Kodak: The Inside Story of Toshiba's Self-Inflicted Extinction

It takes a special kind of incompetence to spin off your best asset right before it becomes Japan's most valuable company

Rei Saito's avatar
Rei Saito
Jul 11, 2026
∙ Paid

It’s as if Toshiba angered the Greek gods and caught a reverse Midas touch…Instead of gold, everything they touched turned to ash. They championed HD DVD right as the entire planet switched to Blu-ray. Then they paid an insanely criticized premium to buy the US nuclear firm Westinghouse in 2006, betting their entire fortunes on a global nuclear renaissa…

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