ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Construction delays at Plant Vogtle in the U.S. state of Georgia have led to ballooning costs for the Toshiba group.
Business

Nuclear risk miscalculation triggers Toshiba meltdown

Shares plunged 35% since big charge came to light

SOICHI INAI and YUKIHIRO OMOTO, Nikkei staff writers | Japan

NEW YORK -- Just as Toshiba appears to be turning the corner from its accounting scandal, the Japanese conglomerate faces a huge write-down on its U.S. atomic power operations owing to risks of cost escalation in plant construction.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more