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Toshiba chairman Shigenori Shiga quits post over huge losses

Zee News Tuesday, 14 February 2017 ()
Toshiba said on Tuesday its chairman Shigenori Shiga was stepping down from his post as the company warned it was set to book multi-billion-dollar losses in its US nuclear business.  
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News video: Toshiba chairman steps down as company takes $6.3B hit from nuclear unit

Toshiba chairman steps down as company takes $6.3B hit from nuclear unit 00:56

After a day of delays and confusion, Japan's Toshiba Corp said on Tuesday it would book a $6.3 billion hit to its U.S. nuclear unit, a write-down that wipes out its shareholder equity and leaves the loss-making group scrambling for capital. The company also said on Tuesday that its chairman,...

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Twitter

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Tumelo Tumelo Shigenori Shiga Chairman of Japan Toshiba has resigned after the company has loss of $6 billion dollars. .! 14 hours ago

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Ellisa RT @AFP: #UPDATE Toshiba chairman Shigenori Shiga to step down as the company hints at a possible accounting scandal https://t.co/uH21Orgf8… 2 days ago

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DigiCommSols Toshiba chairman Shigenori Shiga has resigned taking moral responsibilty of the multi-billion dollar loss https://t.co/F3GlEXZGgO 2 days ago

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DigiCommSols Toshiba chairman Shigenori Shiga has resigned taking moral responsibilty of the multi-billion…… https://t.co/E128bwbXey 2 days ago

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Honolulu Times #Toshiba facing end of the road as earnings report delayed, chairman Shigenori Shiga to step down 4 days ago

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Honolulu News #Toshiba facing end of the road as earnings report delayed, chairman Shigenori Shiga to step down 4 days ago

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