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Toshiba to issue business risk warning on Tuesday: Nikkei Feb 13, 2017
 

Logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo(Reuters) - Toshiba Corp will issue on Tuesday its first-ever warning that it may not be able to continue as a going concern, following massive nuclear-related losses, the Nikkei reported. The warning will be included in the earnings announcement for the nine months ended December, the Japanese business daily reported. Toshiba will writedown close to $6 billion after bruising cost overruns at its U.S. nuclear arm, turning investor attention to the company's efforts to fix that and other balance sheet headaches. ...


 
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