Nikon falls into red for first time in seven years

/ May 12, 2017

Nikon falls into red for first time in seven years

Nikon said Thursday it recorded a group net loss of ¥7.11 billion ($62 million) in the fiscal year that ended in March, citing restructuring costs for pulling the company into the red for the first time in seven years. The loss represents a reversal ...

/ May 11, 2017

Toshiba gives up finding new auditor for now

Toshiba Corp. has given up finding a new auditor to check its earnings for fiscal 2016 in place of its current auditor, PricewaterhouseCoopers Aarata LLC, according to informed sources. The effort failed ahead of the Tokyo Stock Exchange-set deadline next Monday for companies listed ...

Toshiba considering releasing unaudited full-year earnings

/ May 8, 2017

Toshiba considering releasing unaudited full-year earnings

Toshiba Corp. is considering releasing unaudited full-year earnings results on the May 22 deadline despite having no clear prospects of approval from its auditor, according to sources close to the matter. PricewaterhouseCoopers Aarata LLC continues to disagree with Toshiba over losses related to its ...