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Toshiba likely to miss quarterly earnings deadline for third time

Toshiba likely to miss quarterly earnings deadline for third time

Saturday, April 1, 2017, 1:33 PM

Toshiba Corp will likely miss a third deadline to report its quarterly business results, forcing the Japanese conglomerate to ask for a fresh extension or face a possible delisting from the Tokyo-Stock-Exchange. A third postponement of the October-December earnings, past the latest deadline of April-11, looks necessary because of Toshiba's auditor, PricewaterhouseCoopers Aarata LLC, has questions about results for the business year through March 2016.
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