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Toshiba is a market leader with expertise in end-to-end energy management systems and solutions including power generation, transmission and distribution and power storage. Toshiba will contribute to the development of power sector with its experience, expertise and technology innovation toshiba johnson elevators ( ) pvt. Ltd.(tjei), a joint venture of toshiba elevator and building systems corporation and johnson lifts pvt. Ltd., provides world class, energy efficient and safe vertical transportation systems in the n elevator and escalator market utilizing the comprehensive technological infrastructure developed by toshiba corporation over 140 years of history. Toshiba was founded in 1939 as Tokyo Shibaura Denki K.K. (Tokyo Shibaura Electric Co., Ltd) through the merger of Shibaura Seisaku-sho (founded in 1875) and Tokyo Denki (founded in 1890). The company name was officially changed to Toshiba Corporation in 1978. It is listed on the Tokyo Stock Exchange, where it was a constituent of the Nikkei 225 and TOPIX indices (leaving both in August 2018), the Nagoya Stock Exchange, and the London Stock Exchange. A technology company with a long history and sprawling businesses, Toshiba is a household name in Japan and has long been viewed as a symbol of the country's technological prowess. Its reputation has since been affected following an accounting scandal in 2015 and the bankruptcy of subsidiary energy company Westinghouse in 2017, after which it was forced to shed a number of underperforming businesses, essentially eradicating the company's century-long presence in consumer markets. In 1910, it formed a tie-up with General Electric in the US, which, in exchange for technology acquired about a quarter of the shares of Shibaura. With this investment, GE now had a stake in both Tokyo Denki and Shibaura Seisakusho – two companies that had a complementary line of products in the light as well as heavy electrical equipment. Both companies were merged in 1939 to create Tokyo Shibaura Denki (Tokyo Shibaura Electric Company, now Toshiba). The relation with GE continued until the beginning of the war and, after the war, resumed in 1953 with GE's 24 percent shareholding. This percentage has, however, decreased substantially since then.