Toshiba probing 10 new accounting issues, including at U.S. unit

Sep 1, 2015

Toshiba probing 10 new accounting issues, including at U.S. unit

Toshiba Corp. has uncovered 10 new cases of accounting problems, including at a U.S. unit, prompting it to miss a regulator’s deadline for submission of its fiscal 2014 earnings release. The industrial group obtained permission from the securities regulator to postpone the report due ...

Aug 27, 2015

Toshiba eyes appointing Shiseido adviser Maeda as board chairman

Toshiba Corp. is considering naming Shinzo Maeda, senior adviser to cosmetics-maker Shiseido Co., as chairman of its revamped board in order to improve corporate governance at the industrial conglomerate that’s mired in an accounting scandal, sources close to the matter said Thursday. The new ...

Jul 29, 2015

Scandal-hit Toshiba eyes retaining Muromachi as president

Toshiba Corp. is looking at the possibility of retaining temporary President Masashi Muromachi when it appoints its new management team next month as it regroups following an accounting scandal, according to company sources. Muromachi, who is also Toshiba chairman, tentatively took over the presidency ...