Accounting Scandal

Tokyo, March 18: Japanese tech giant Toshiba on Friday admitted that its American subsidiaries are being investigated by the US Justice Department for an accounting scandal that was recently revealed. Toshiba representatives said the…

Hisao Tanaka, chief executive officer and president of Japanese electronics giant Toshiba, resigned on Tuesday after the company was found to have overstated its profits for the past six years. His predecessors Norio Sasaki and Atsutoshi…