[Dalewyn]

This is specifically Japanese management styles and social culture at play. The meme of "western short-term corporate thinking" doesn't apply here.

Kioxia, formerly Toshiba Memory, is flourishing under new western management after they were freed from Toshiba and Japan's ineptitude.

[fomine3]

Toshiba's Flash memory division had been fine even under Toshiba and as Kioxia too. Why Toshiba sold it is because they need money, to fill nuclear division's loss. Rather, they are now in danger due to current Flash memory market situation.