Toshiba, 130 years down the drain. They did not adapt to the changing market and their internal culture was risk averse. Rot at the top (accounting corruption)

Toshiba, 130 years down the drain. They did not adapt to the changing market and their internal culture was risk averse. Rot at the top (accounting corruption) and inability to compete in numerous market segments played into the company's rapid descent to obscurity. Given they invented flash storage and SSDs, perusing their online store gave zero options for BTO with different SSD storage options. Imagine that. They would build and launch devices without competitive analysis. Too much focus internally on "fortress japan" and cross selling to keiretsu cronies. Meanwhile, Chinese and Korean firms were eating their lunch.