Ron Burgundy Posted August 31, 2015 Share Posted August 31, 2015 By Ritsuko Ando TOKYO (Reuters) - Toshiba Corp again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan's worst corporate scandal in four years. Toshiba, which was scheduled to post its earnings for the business year ended in March, said the newly discovered problems included incorrect impairment charges on fixed assets at several subsidiaries and improperly timed booking of loss provisions at a U.S. subsidiary. "We deeply apologize for the situation we are in yet again, and for the inconvenience and concern we have caused to our stakeholders including shareholders and investors," Chief Executive Masashi Muromachi said before making a deep bow of contrition to a packed, late-night news conference. View the full article Quote Link to comment Share on other sites More sharing options...
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