Close the acquisition of Toshiba's ownership stake in Toshiba Carrier Corporation (TCC)
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 7 Feb 2022
- Due
- 30 Sep 2022
- Delivered
- 1 Aug 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The acquisition is expected to close by the end of Q3, subject to customary closing conditions, including regulatory approvals.”
What we found
Evidence strength A What the grades mean
The filings show the TCC acquisition closed on August 1, 2022, before the end-of-Q3 2022 deadline, with Toshiba retaining a 5% stake.
-
A Carrier Global 10-Q filed 2022-10-27
“The acquisition was completed on August 1, 2022, subject to customary closing conditions.” ✓ confirmed on the page
-
A Carrier Global 10-Q filed 2022-10-27
“Upon closing, Toshiba Corporation retained a 5% ownership interest in TCC.” ✓ confirmed on the page
-
A Carrier Global 10-Q filed 2023-04-26
“The acquisition was completed on August 1, 2022. As a result, the assets, liabilities and results of operations of TCC are consolidated” ✓ confirmed on the page
Market reaction: the shares moved +6.4% against the S&P 500 over the three sessions around the disclosure (26 Oct 2022 to 31 Oct 2022). What this measures
Checked 11 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift -30 days
- 2 versions
-
Version 1 · original · stated 7 Feb 2022
Deadline 30 Sep 2022 (“by the end of Q3”) · wording expected
-
Version 2 · stated 28 Jul 2022
Deadline 31 Aug 2022 (“in early August 2022”) · wording expected
“Toshiba Carrier Corporation acquisition expected to close in early August 2022”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of Toshiba's stake in Toshiba Carrier Corporation
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions, including regulatory approvals
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
Are you Carrier Global? You can publish an official statement next to this entry, free. Add a statement.
Is something here wrong or out of date? Companies and readers can ask us to check it. Please bring a link to a public source.
Report an error in this entry Reference: KI-C-2022-CARR-007253 · Corrections policy