Watchdog members claim Toshiba FY2016 accounts contain misstatements

Cooking the books is the norm at J inc.

So they're saying that the losses weren't booked until 2016, when infact they should have been reported in 2015's Fiscal year's results... I think the FSA needs to closely look at Stock transactions made by Employees between 2015 and 2016, as the stock clearly went into decline contrary to the Nikkei over that period.