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Hisao Tanaka News

21 Jul 2015

Toshiba CEO Hisao Tanaka, top execs, quit over $1.2 bn scandal

Hisao Tanaka and vice chairman Norio Sasaki -- also a former president -- were the most senior to step down after an independent report found top management complicit in a years-long scheme to pad profits.

21 Jul 2015

Toshiba CEO to step down over accounting scandal

CEO and President Hisao Tanaka will be replaced by Chairman Masashi Muromachi effective Wednesday, the company said in a statement, adding it was considering appointing outside directors to over half of its board seats.

21 Jul 2015

Japan finance minister warns Toshiba scandal could hit investor confidence

Japanese Finance Minister Taro Aso said accounting irregularities at Toshiba Corp were "very regrettable", coming at a time when Japan is trying to regain global investors` confidence with better corporate governance.

18 Jul 2015

Regulators to seek penalty on Toshiba for false accounting: Report

Toshiba expects to take up to $3 billion in charges related to six years of improper accounting.

16 Jul 2015

Toshiba faces $3 billion in charges over accounting scandal

Toshiba Corp expects $2.4-3.2 billion in charges related to improper accounting in an expanding probe that is set to force Chief Executive Hisao Tanaka to step down,

15 Jul 2015

Toshiba CEO to quit in accounting scandal: Sources

Toshiba Corp expects 300-400 billion yen ($2.4-3.2 billion) in charges related to improper accounting in an expanding probe that is set to force Chief Executive Hisao Tanaka to step down, sources familiar with the matter said on Wednesday.

15 Jul 2015

Toshiba CEO Hisao Tanaka likely to step down in September: Report

Toshiba Corp Chief Executive Hisao Tanaka is likely to step down in September to take responsibility for accounting irregularities at the Japanese conglomerate, the Nikkei business daily reported.

29 May 2015

Toshiba says accounting probe to take until mid-July

Toshiba Corp will file its annual report up to two months later than usual as an ongoing independent investigation into accounting irregularities will likely last until mid-July, the Japanese conglomerate said on Friday.

26 Dec 2014

Toshiba CEO says will consider overseas locations for chip plant

Toshiba Corp will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, Chief Executive Hisao Tanaka said on Friday.

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