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© 2015 AFPToshiba president to resign over accounting scandal
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© 2015 AFP
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overchan
Toshiba makes good products. Hope that they can improve their technology. They make good hard drives and pptops and memory
jerseyboy
So now it has magically doubled to 200 bilion yen. These are not "irregularities", it is fraud, plain and simple.
Yup, Japan Inc. at its finest. First Olympus, now Toshiba. Just a matter of time before another one emerges.
He should be going to jail. Why aren't the guys with all the brown boxes raiding Toshiba's headquarters like they did Toyota's? Oh, that's right, Toyota involved a gaijin woman who had the gall to sneak in 50 some pills, while this is about years of defrauding stock-holders. Wonderful priorities.
Papi2013
Not much surprising.
But I wonder how Japan's corruption perception index ranking is ranked so high. Don't Japanese people see these things as corruption problems?
Justice Vanpool
Aaaaand the little guys lose again.
PSandoz
Disillusioned: I think these people should be prosecuted rather than persecuted.
overchan
Pretty sad isn't it? How could they get better doing crap like that
sf2k
everybody be resigniiiiinnnggg
HaraldBloodaxe
Precisely. He's going to bow, she'd a few crocodile tears, take a gigantic severance package and stay out of sight for a few months before starting a nice new well-paid sinecure.
There is no accountability for the good old boys in Japan Inc. not a trace of honour, either.
WesternerJapan87
Toshiba just can't compete with electronic/heavy industry heavyweight companies like Samsung, LG, Hitachi and Mitsubishi. It's a sinking company like Sharp and Olympus.
harvey pekar
You know what helps a mighty fall like this? A big fat retirement package to cushion the landing!
some14some
Not newsworthy (head line) in Japan.
smithinjapan
Disillusioned: "Um, fraud charges? Jail time? Or, is he just another Japanese bureaucrat that escapes persecution due to his status?"
Precisely. It's Japan, so they'll protect him, and in fact give him the same or a similar job in another department or company.
Disillusioned
Um, fraud charges? Jail time? Or, is he just another Japanese bureaucrat that escapes persecution due to his status?