Toshiba scandal

Toshiba faces fresh lawsuit, plans provision for year ended March

Toshiba said in a statement that it plans to book an additional provision for the year ended March for the lawsuit.

Jun 13, 2017, 11:59 AM IST

Toshiba posts $318 mn loss in wake of profit-padding scandal

Toshiba left unchanged its previously announced 170 billion yen operating profit on sales of 6.65 trillion yen for its latest fiscal year.

Sep 07, 2015, 08:37 AM IST

Toshiba taps ex-top execs of major firms as outside directors

Crisis-hit Toshiba said Tuesday it will book a net loss for the last fiscal year, as it scrambles to revise its financial records to account for a billion dollar accounting scandal.

Aug 18, 2015, 17:09 PM IST

Toshiba CEO Hisao Tanaka, top execs, quit over $1.2 bn scandal

Hisao Tanaka and vice chairman Norio Sasaki -- also a former president -- were the most senior to step down after an independent report found top management complicit in a years-long scheme to pad profits.

Jul 21, 2015, 20:13 PM IST