Toshiba Cuts Full-Year Profit Estimate, COO Resigns

Toshiba Cuts Full-Year Profit Estimate, COO Resigns

Feb 14, 2023

Japan’s Toshiba (OTC:TOSYY) Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time. It also said Chief Operating Officer Goro Yanase had resigned over the inappropriate use of entertainment expenses in 2019

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