Toshiba has filed its delayed financial results, warning that its survival is at stake. The tech and construction company has reported a loss of $4.8bn (£3.84bn) for the period between April and December. However, these results have not been confirmed by the company’s auditors. The company’s latest financial results have been delayed twice already, meaning Toshiba could be removed from the Tokyo Stock Exchange. PriceWaterhouseCooper Aarata, the company’s auditor, has twice refused to sign off Toshiba’s accounts, forcing the company to publish the results without approval. The BBC has called this move "unprecedented." "There are material events and conditions that… [Continue Reading]
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