Toshiba Corp (6502.T)
28 Apr 2017
* Sentiment sours after Wall Street slumps as tax plan disappoints
HONG KONG (Reuters Breakingviews) - Toshiba's move to switch accountants reflects a desperation to avoid delisting. The crisis-stricken Japanese group may ditch the Big Four auditor it hired only last year, Reuters reported on Wednesday, which might force the firm to risk using a second-tier player. That is an ugly look for a firm that badly needs to win back the trust of regulators and investors.
TOKYO Japan's Canon Inc on Wednesday lifted its full-year operating profit forecast after reporting strong first-quarter results on the back of earnings from a medical equipment unit it bought from Toshiba Corp last year.
* Not considering bidding for Toshiba chip unit -CFO (Adds CFO comments on existing businesses, Toshiba chip sale)
TOKYO, April 26 Japan's Canon Inc on Wednesday lifted its full-year operating profit forecast after reporting strong first-quarter results on the back of earnings from a medical equipment unit it bought from Toshiba Corp last year.
ALMATY, April 26 The bankruptcy of Toshiba Corp's U.S. unit Westinghouse Electric Co will have no negative impact on the finances of its minority shareholder Kazatomprom, the Kazakh uranium miner said on Wednesday.
TOKYO Toshiba Corp, the troubled Japanese conglomerate, wants to replace auditor PricewaterhouseCoopers Aarata (PwC) to resolve an impasse over full-year earnings and remain listed, two sources briefed on the matter said.
* PwC did not approve Toshiba's April-Dec financial statements
April 25 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
April 25 Toshiba Corp has decided to drop its auditor PricewaterhouseCoopers (PwC) Aarata, which declined to approve the company's full-year financial statement, the Nikkei financial daily reported.