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Published on 11 Apr 2017
Japan's Toshiba under threat after $4.8bn loss
The survival of Japanese conglomerate Toshiba is under threat after it posted a loss of $4.8bn for most of last year.
The electronics and construction conglomerate has also warned it may lose more than $8bn this year.
This follows the bankruptcy of Toshiba's US-based nuclear-reactor subsidiary.
The company may be removed from trading on the Tokyo stock exchange because its auditors have not approved the earnings' report.
Al Jazeera's Tom Ackerman reports.
The survival of Japanese conglomerate Toshiba is under threat after it posted a loss of $4.8bn for most of last year.
The electronics and construction conglomerate has also warned it may lose more than $8bn this year.
This follows the bankruptcy of Toshiba's US-based nuclear-reactor subsidiary.
The company may be removed from trading on the Tokyo stock exchange because its auditors have not approved the earnings' report.
Al Jazeera's Tom Ackerman reports.
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