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Toshiba will not be able to file its financial statement by the end of June as required.

Toshiba to miss financial reporting deadline

Stock-listing downgrade now a foregone conclusion

| Japan

TOKYO -- Toshiba has given up on filing its financial statement for the year ended this March in time for the regulatory deadline, making it practically a certainty that its stock will be demoted from the Tokyo Stock Exchange's first section.

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