Toshiba said that the Memory business -- including the SSD business, but excluding its image sensor business -- of the Storage & Electronic Devices Solutions Company, will be separated by a company split by March 31. Toshiba said it's giving "full and careful consideration" to the assets that will be transferred in the split. The company said there are still many undecided items, such as the assets to to be transferred.

The split will have no impact on Toshiba's financial results, the company said. Toshiba says splitting the business will afford it a greater flexibility in rapid decision-making and enhance financing options. Given the possibility of a loss on impairment, Toshiba said it needs to enhance its financial structure and the company is considering various capital measures. In the split, Toshiba is considering an injection of third-party capital as a financial measure.