The 410 billion transfer includes a post-tax profit of 170 billion yen as well as 240 billion yen tax benefits. On Thursday, Toshiba Corp stated once it sells its claims in Westinghouse Electric Co, its bankrupt nuclear unit, to a… Read More ›
negative net worth
Toshiba Corp taking steps to mitigate the eventuality of delay in clearance of its divestment in its NAND memory business
A delay could trigger its delisting from the Tokyo Stock Exchange. On Tuesday, Toshiba Corp’s Chief Executive disclosed that the conglomerate is looking at various scenarios, including its inability to complete the $18 billion sale of its prized NAND memory… Read More ›
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