show improvement: But Toshiba faces three risks that could overturn this premise Failure to submit annual financial reports by set deadlines, according to The Japan Times. Failure to eliminate negative net worth. The current reconstruction plan for Toshiba, which shoulders a massive financial burden tied to its U.S. nuclear unit Westinghouse Electric, is based on a premise that it can keep itself listed. Failure to show improvement of internal management in an ongoing TSE probe. So, if it's delisted, that's going to largely affect the turnaround plan Atsushi Osanai, a professor at Waseda Business School, said in an email. It will be unavoidable for Toshiba to be downgraded to the second section of the TSE. Losing the brand as a first-section company will make it harder to raise money.
(news.financializer.com). As
reported in the news.
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