You are here

Toshiba Corp faces multiple problems

Already under accounting probe, it may be dropped from stock index

BT_20150516_CPTOSH16_1672076.jpg
THE LIGHTS ARE DIMMING: Toshiba estimated on May 13 that earnings in its last three fiscal years would be cut by about 50 billion yen.

Tokyo

ADD the prospect of being dumped from Japan's best-stocks index to Toshiba Corp's woes.

The Tokyo-based manufacturer, mired in an accounting probe, is racing against the June 30 deadline when members of the JPX-Nikkei Index 400 will be reassessed. Toshiba risks losing its

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom