Toshiba to postpone earnings report

NHK -- Jun 01

Struggling Japanese electronics giant Toshiba will again postpone its earnings report.

Toshiba executives say they'll hold a general shareholders meeting on June 28th. But they won't announce the firm's financial results from fiscal 2016.

The company had already delayed its earnings report just two weeks ago.

Toshiba officials say they're still cooperating with an independent auditor to disclose the group's financial results, which include its former US subsidiary Westinghouse. They say the audit will require more time.

Jun 01 (ANNnewsCH) - 経営再建中の東芝は、来月に開催する定時株主総会で2016年度の決算の報告ができないと発表しました。