![]() He added Toshiba would need to show how it could stay competitive in the cash-generating but capital-intensive memory chip industry, given its battered balance sheet. “The question for Toshiba is how is it going to move forward,” said Masahiko Ishino, analyst at Tokai Tokyo Research Center. ![]() Toshiba, which has seen its market value almost halve since the prospect of a writedown emerged in December, is also expected to outline the prospects for its nuclear arm and update investors on efforts to raise capital, including through the sale of a stake in its flagship memory chips business. Sources familiar with the matter say the final charge, to be detailed alongside quarterly earnings, will be as high as 700 billion yen ($6.2 billion), a sum which alone would wipe out the company’s shareholder equity. Toshiba Corps (6502. The TVs-to-construction conglomerate warned of a potential multi-billion dollar nuclear writedown in December, a year after a $1.3 billion accounting scandal. says it expects to book a 712.5 billion yen (6.3 billion) writedown in its nuclear power business, citing cost overruns at a U.S. The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo, Japan October 1, 2015. TOKYO - Toshiba on Tuesday said that a 712.5 billion yen (6.3 billion) impairment charge on its nuclear operations will lead to a 499.9 billion yen net loss for the nine months through December.
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