Toshiba Corporation says its chairman will resign on Wednesday to take responsibility for the huge losses from its nuclear power business in the United States.
The Japanese industrial conglomerate made the announcement on Tuesday.
Shigenori Shiga will remain an executive officer until a shareholders' meeting is held in June.
Toshiba expects to post a loss of 712.5 billion yen, or 6.3 billion dollars from its US nuclear business.
The final loss for the April-December period is expected to total 4.4 billion dollars. The final loss for the fiscal year that ends next month is expected to total 3.4 billion dollars.
Toshiba had been scheduled to release its official earnings report on Tuesday.
But Toshiba says additional reviews have become necessary after it received internal reports that the accounting of the firm's US subsidiary, Westinghouse, had been handled inappropriately.
原発事業で最大7000億円規模の損失を見込む東芝は14日正午に決算を発表する予定でしたが、急きょ、延期する異例の事態となっています。 （経済部・野口有香記者報告） 200人以上の大勢の報道陣が集まっています。
It has been revealed that information related to Japan's national security was included in the confidential documents disclosed by former US National Security Agency contractor Edward Snowden.
The Japanese government on Monday filed a candidacy for the western Japan city of Osaka to host the 2025 World Exposition with the Bureau International des Expositions in Paris.
Japanese Prime Minister Shinzo Abe and US President Donald Trump have discussed the North Korean situation over the telephone amid heightened tensions surrounding the country.
Two Japanese destroyers have begun a joint drill with the USS Carl Vinson aircraft carrier strike group in the Pacific off the Philippines.
The Ground Self-Defense Force's 14th Brigade rumbled through the city of Zentsuji, Kagawa Prefecture, on Sunday during a rare parade replete with combat vehicles.
Six aircraft from the Japanese Air Self-Defense Force's aerobatic flight team, Blue Impulse, flew over Kumamoto Castle on Sunday.
Department store chain Takashimaya has issued a warning to customers after a woman found a foreign object inside a shumai dumpling at its Yokohama outlet last week, reports NHK.
Cherry blossoms are now in full bloom in Aomori City in the northernmost prefecture of Japan's main island of Honshu.
An event commemorating the 60th anniversary of the release of Nissan Motor Co.'s Skyline - the auto manufacturer's signature car - was held at Roppongi Hills in Minato Ward, Tokyo, on Thursday.
Police arrested four South Korean men on Friday for allegedly attempting to leave Japan at Fukuoka Airport carrying 735 million yen of undeclared cash, in violation of the customs law.