Total corporate control: Toshiba to gather genetic info from thousands of its Japanese staffChristian Fernsby ▼ | September 9, 2019
Toshiba Corp. plans to collect genetic data from 10,000 of its Japanese employees to develop a new business model based on gene-analysis technology specifically tailored to Japanese people.
Asia Toshiba Corp.
Topics: Toshiba genetic Japanese
“The ultimate goal is to be able to propose therapies and diets suitable to each individual, covering all Japanese,” said Minoru Yonezawa, senior manager of Toshiba’s New Business Development Office.
After an accounting scandal and a huge loss in its nuclear plant business, Toshiba must develop a new pillar business as quickly as possible.
The firm, which has sold its core semiconductor chip and health-care departments, sees its precision medical services, including the Japonica Array genotyping tool, as its “new high-growth sector” for fiscal 2024 and beyond.
Genetic data from hundreds of thousands of individuals is estimated to be needed to commercialize the new service using Japonica Array, which Toshiba created with Tohoku University.
As the first step toward that, Toshiba decided to ask Toshiba Group staff to join its genetic data gathering plan. ■