Tagged With "Embattled Japanese"
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Re: Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale
How many corks are needed to keep plugging the sinking ship......
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Embattled Fuji Xerox cuts NZ losses, rebuilds after financial scandal
Fuji Xerox's New Zealand business recorded a reduced loss before tax of $12.4 million in its 2018 financial year compared with $14.9 million in 2017. In New Zealand, Fuji Xerox operates as two legal entities – Fuji Xerox New Zealand Limited and Fuji Xerox Finance Limited. The embattled vendor, which remains excluded from some government contracts after a $450 million sales and accounting scandal that originated in New Zealand, reported positive operating cash flows and an improved working...
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Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale
TOKYO (Reuters) - Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit. FILE PHOTO : A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo Toshiba, which separated out the unit in April as a prelude to a sale, said it was being taxed on the basis of...