Toshiba to unveil nuclear writedown as it scrambles for cash
Toshiba warned of a potential writedown in December, a year after a $1.3 billion accounting scandal. Sources familiar with the matter say the charge will be as high as 700 billion yen ($6.2 billion) - a sum that would wipe out the group`s shareholder equity.
Logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo. Photo: Reuters