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Toshiba asks again to extend deadline for third quarter earnings filing
March 14, 2017 / 1:59 AM / 8 months ago

Toshiba asks again to extend deadline for third quarter earnings filing

TOKYO (Reuters) - Japan’s Toshiba Corp (6502.T) said it has asked financial regulators to extend its Tuesday deadline for submitting official third-quarter earnings until April 11.

A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, January 19, 2017. REUTERS/Toru Hanai/File Photo

Toshiba also said in a statement that its auditing committee had confirmed that management at U.S. nuclear unit Westinghouse had inappropriately exerted pressure with regard to the calculation of the acquisition price of the CB&I unit.

It would be the second extension after Toshiba postponed its earnings filing a month ago to probe potential problems at Westinghouse. It has flagged a $6.3 billion writedown for the nuclear unit in preliminary estimates.

Reporting by Makiko Yamazaki; Editing by Chang-Ran Kim

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