All Toshiba articles

  • Canon building
    Article

    Canon, Toshiba to pay $5M for antitrust law violations

    2019-06-11T19:21:00Z

    Canon and Toshiba will pay $2.5 million each to settle federal charges regarding violations of the Hart-Scott-Rodino Act during an acquisition deal in 2016.

  • Blog post

    Toshiba—a culture of lies?

    2017-04-02T05:15:00Z

    Shareholders react strongly to Toshiba's announcement of its intention to take a $9 billion loss for the year and the chapter 11 bankruptcy filing by Westinghouse Electric Co., a U.S. nuclear-plant builder 87-percent-owned by Toshiba.

  • Blog post

    Toshiba faces U.S. accounting probe

    2016-03-21T14:15:00Z

    Tokyo-based electronics maker Toshiba confirmed that it is under investigation by the U.S. Department of Justice and the Securities and Exchange Commission over alleged accounting irregularities. Toshiba’s disclosure about the U.S. investigation follows media reports that U.S. regulators are investigating allegations that Toshiba’s U.S.-based nuclear business division, Westinghouse, hid $1.3 ...

  • Blog post

    Toshiba Suing Ex-CFOs Over Accounting Scandal

    2015-11-09T12:15:00Z

    Toshiba is suing five former executives for negligence over false accounting practices that led to inflated profits by more than 170 billion yen ($1.2 billion). The Tokyo-based company is suing two former chief financial officers and three former presidents based on findings from an independent probe launched in September to ...

  • Blog post

    Accounting Scandal Takes Down Toshiba’s Head Honcho

    2015-07-15T10:15:00Z

    Image: Hisao Tanaka, chief executive of Toshiba Corp., is expected to step down in September in light of accounting missteps at the Japanese conglomerate. The domino effect will continue as key board members are rumored to be leaving over the next few months. News reports indicate that top executives ...