Percent Level: Loss and Shareholders Equity

percent level: By reviewing its group-wide operations, the company will try to persuade lenders it is serious about restructuring through the sale of group businesses and assets, the sources said, according to The Japan Times. Toshiba said last month it may book an asset impairment loss of several billion dollars as it will write down the value of assets in its U.S. nuclear business. The conglomerate is seeking support from financial institutions as it could incur a group net loss for the third straight year in the current fiscal year through March. But it may need to log a bigger loss of up to 700 billion 6.1 billion people familiar with the matter said Thursday. That is well below the 30 percent level seen as a healthy financial condition. The company had shareholders' equity of 363.2 billion as of the end of September, or just 7.5 percent of assets. (news.financializer.com). As reported in the news.