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.
