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Toshiba President Satoshi Tsunakawa
Business

Down but not out, Toshiba's chief strikes resolute tone

Struggling group stands firm on Western Digital, tamps down bankruptcy talk

| Japan

TOKYO -- Toshiba is not violating a joint-venture agreement with Western Digital by moving to sell memory chip operations, President Satoshi Tsunakawa maintains, even with the American business partner demanding arbitration. Filing for bankruptcy is not on the table, either.

Tsunakawa discussed Toshiba's finances and future Monday in a news conference at company headquarters here. Excerpts from the session follow.

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