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Toshiba seen suffering loss of 400b yen from nuclear write-down

Monday, February 13, 2017 - 05:50

Tokyo

JAPANESE conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen (S$5 billion) in the nine months through December, the Nikkei reported on Sunday.

The loss is largely due to a goodwill impairment of around 600 billion yen on a US nuclear unit

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