Toshiba reports $102 million quarterly net loss

Last Updated: Tuesday, September 15, 2015, 13:54

Toshiba on Monday reported a first-quarter loss of $102 million after sales fell to a two-and-half-year low, in a fresh blow to the Japanese conglomerate after a huge accounting scandal.

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

Last Updated: Monday, September 7, 2015, 08:37

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

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, SanDisk introduce 48 layer 256GB flash memory

Last Updated: Thursday, August 6, 2015, 11:20

Japanese company Toshiba in partnership with SanDisk has introduced their 256GB flash chips.

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

Last Updated: Tuesday, July 21, 2015, 20:13

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.

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.

Japan finance minister warns Toshiba scandal could hit investor confidence

Last Updated: Tuesday, July 21, 2015, 09:41

Japanese Finance Minister Taro Aso said accounting irregularities at Toshiba Corp were "very regrettable", coming at a time when Japan is trying to regain global investors` confidence with better corporate governance.

Regulators to seek penalty on Toshiba for false accounting: Report

Last Updated: Saturday, July 18, 2015, 09:36

Toshiba expects to take up to $3 billion in charges related to six years of improper accounting.

Toshiba probe finds top execs involved in company-wide scandal: Source

Last Updated: Friday, July 17, 2015, 15:23

A panel investigating an accounting scandal at Toshiba Corp has found that top executives were involved in improper practices, confirming the institutional nature of the abuses, a person directly involved in the investigation said on Friday.

Toshiba faces $3 billion in charges over accounting scandal

Last Updated: Thursday, July 16, 2015, 09:23

Toshiba Corp expects $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,

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.