Toshiba '50%' on its way to recovering trust, chairman says

Japanese manufacturing icon must improve compliance and strive for innovation

Toshiba has sold off a key memory unit as well as medical and PC businesses as it regroups into a cyber-physical systems tech company.

JADA NAGUMO, Nikkei staff writer

July 13, 2020 19:40 JST

TOKYO -- Toshiba's chairman says the Japanese technology group still has a long way to go in terms of recovering trust, even five years on from the discovery of a big accounting scandal.

Yoshimitsu Kobayashi, who became chairman of the board in 2017, told the Nikkei Asian Review on Monday that Toshiba is "50% of the way there" in its quest to fully recover public trust.