Part 8/12:
Despite these challenges, Toshiba staunchly believed its risks were justified in the long-term gain. Demand forecasts from industry bodies projected significant nuclear investment which fueled optimism within the company. But as the landscape changed, with newfound renewables gaining traction and drawing investment away from nuclear, cautionary murmurs rose among Toshiba’s executives. Concerns surfaced over the deal’s financial viability, particularly as Toshiba grappled with its own previous missteps in semiconductor expansions and competitive positioning.