Toshiba reports $102 million quarterly net loss

Last Updated: Monday, September 14, 2015, 15:16

Sales fell 4.5 per cent from a year earlier to 1.35 trillion yen, the lowest since the quarter ended December 2012, due to a poor performance in television and personal computer businesses.

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

Last Updated: Tuesday, August 18, 2015, 17:09

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.

Toshiba CEO to step down over accounting scandal

Last Updated: Tuesday, July 21, 2015, 12:41

CEO and President Hisao Tanaka will be replaced by Chairman Masashi Muromachi effective Wednesday, the company said in a statement, adding it was considering appointing outside directors to over half of its board seats.

Toshiba CEO to quit in accounting scandal: Sources

Last Updated: Wednesday, July 15, 2015, 19:41

Toshiba Corp expects 300-400 billion yen ($2.4-3.2 billion) in charges related to improper accounting in an expanding probe that is set to force Chief Executive Hisao Tanaka to step down, sources familiar with the matter said on Wednesday.