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Toshiba says strategic review results to be delayed to Nov 12 By Reuters

by Mike Robinson

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© Reuters. FILEPHOTO: Toshiba Corp.’s logo can be seen at its facility in Kawasaki (Japan), June 10, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Japanese industrial conglomerate Toshiba Corp announced Monday it would release the results from a strategic review and quarterly earnings results. It also revealed a mid-term plan for its business on November 12.

The spokesperson stated that the findings of Toshiba’s strategic evaluation would be included in the new business plan. The review was previously announced by Toshiba earlier this month.

After being found out to have conspired with Japan to pressure foreign investors, Toshiba shareholders are urging it to review its business practices.

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