Toshiba due to an accounting scandal was claimed $100 million – Sohu Technology easeljs

Toshiba claims a billion dollar accounting scandal – Sohu of Beijing science and Technology Daily News (reporter Fang Binnan Shi Feiyue) Toshiba’s official website announced that a Japanese trust bank has filed a lawsuit against the company, accused the company of last year’s $1 billion 300 million accounting scandals that suffered losses, therefore filed a claim of 12 billion yen ($119 million). Japanese banks have the trust service on 9 August, the Tokyo District Court filed a lawsuit, "said Toshiba will be reserved for a reasonable amount of cash to pay any compensation, if necessary, Toshiba also revised guidance profit expectations. Beijing Chinese commercial news reporter contacted Toshiba China, the company said it did not get the news of the Japanese side. Last February, Toshiba broke the accounting scandal. The third party committee found, from 2008 to the end of 2014, Toshiba total false profit of 156 billion 200 million yen, 565 billion yen this figure accounted for nearly 30% of Toshiba pretax profit. Financial fraud scandal, plus Japan and all major electronics companies, hardware manufacturing and quality advantage of Toshiba is good at being lost, even redundant, the company was in less competitive, performance decline dilemma. In the past fiscal year, Toshiba launched a large-scale restructuring of the business, in addition to layoffs, but also sold out of the future does not meet the future development strategy of the business and assets. In March this year, the U.S. group announced the acquisition of Toshiba’s white goods business, while Canon also to 665 billion 500 million yen (about $5 billion 900 million) of the total acquisition of Toshiba’s medical device sector. However, restructuring measures including layoffs and stripping the consumer electronics business, non profitable business, but also help Toshiba in the first quarter of 2016 (4-6 months) of profitability, operating income of 1 trillion and 210 billion yen, operating profit of 20 billion 100 million yen, net profit of 79 billion 800 million yen ($782 million 100 thousand), compared to the same period last year net loss of 12 billion 300 million yen. Due to the core business is facing a difficult business environment, Toshiba’s future prospects are still a lot of uncertainty.相关的主题文章:

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