Aug 10, 2017
Toshiba delivers long-awaited earnings
Toshiba has met a deadline to report its long-awaited earnings results, reducing the risk that the firm will be delisted from the Tokyo Stock Exchange. The embattled electronics firm posted a loss of $8.8bn for the last fiscal year. Auditor PricewaterhouseCoopers Aarata gave a "Qualified opinion" on the financial statements, meaning it broadly endorsed the results. Toshiba has struggled to recover from a 2015 accounting scandal.
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