TOKYO Toshiba is on the brink of disintegration.
One of Japan's leading electronics makers, the company failed what should have been a routine task: release its April-December earnings as scheduled in February. That was just the tip of the iceberg. Later, Toshiba announced an impairment loss of more than 700 billion yen ($6.2 billion) on its nuclear power business, primarily from U.S. unit Westinghouse Electric, and that its liabilities exceeded its assets by 191.2 billion yen as of the end of December.
