ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Toshiba accounting irregularities fall into 2 cases

TOKYO -- Toshiba's iffy accounting came under a brighter spotlight Friday, when details on nine infrastructure-related projects with inflated profits were made public.

     Half of the profit inflation on a yen basis was posted for fiscal 2013, while many cases already had indications of possible future problems at the time of the order or relied on unrealistic cost-cutting plans. These details all point to lax bookkeeping under increased pressure to make budget or earnings targets.

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