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Added on the 14/09/2015 15:37:52 - Copyright : Reuters EN
Toshiba gets a reshuffle after an independent investigation of an accounting scandal to the tune of over 1 billion dollars at Toshiba brings its corporate culture under scrutiny. Meg Teckman reports.
Toshiba gets a reshuffle after an independent investigation of an accounting scandal to the tune of over 1 billion dollars at Toshiba brings its corporate culture under scrutiny. Meg Teckman reports.
Tokyo, Jun 14 (EFE/EPA).- Japanese tech conglomerate Toshiba on Monday pledged to reconstruct its board of directors after the departure of two of its members over a scandal of the board colluding against its activist shareholders.The company's head, Osamu Nagayama, said Monday in statements to the media that the company will take steps to reinforce its board of directors to include a wider range of views and ultimately to improve its governance.Discussions would be held with shareholders to take their views into account when rebuilding the council, according to Nagayama, who also announced the holding of an extraordinary shareholders' meeting. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF TOSHIBA CORPORATION'S HEADQUARTERS IN TOKYO, JAPAN.
Tokyo, May 14 (EFE/EPA).-Toshiba Corporation announced Friday its consolidated results for the 2020 fiscal year which ended on May 31 2021, with a decrease of net sales of 335.5 billion yen to 3,054.4 billion yen (27,516.9 million US dollar) due to the coronavirus pandemic. (Camera: KIMIMASA MAYAMA)SHOT LIST: TOSHIBA CORPORATION HEADQUARTERS IN TOKYO, JAPAN.
Tokyo, Apr 7 (EFE/EPA).-Toshiba shares gained up to 8 percent at the start of trading at the Tokyo Stock Exchange on Wednesday after its president confirmed the Japanese technology company has received a buyout offer from investment fund CVC Capital Partners. (Camera: ARCHIVE)SHOT LIST: ARCHIVE FOOTAGE OF TOSHIBA CEO NOBUAKI KURUMATANI AND TOSHIBA CHAIRMAN SATOSHI TSUNAKAWA DURING PRESSERS IN TOKYO, JAPAN.