TOKYO, (MILLAT ONLINE/APP/AFP) – Toshiba on Tuesday warned its survival
was at risk as the troubled Japanese industrial giant reported a loss of $4.8 billion in long-overdue financial results.
“There are events and circumstances that may bring about significant
questions about the idea of (carrying on) as a going concern,” it said in a
Japanese language statement released with unaudited financial results, which
showed it lost 532.5 billion yen in April-December. The firm unveiled the
figures to meet a deadline set by market regulators after two previous delays.