Japan's Toshiba under threat after $4.8bn loss

The survival of Japanese conglomerate Toshiba is under threat after it posted a loss of $4.8bn for most of last year. The electronics and construction conglomerate has also warned it may lose more than $8bn this year.

    The survival of Japanese conglomerate Toshiba is under threat after it posted a loss of $4.8bn for most of last year.

    The electronics and construction conglomerate has also warned it may lose more than $8bn this year.

    This follows the bankruptcy of Toshiba's US-based nuclear-reactor subsidiary.

    The company may be removed from trading on the Tokyo stock exchange because its auditors have not approved the earnings report.

    Al Jazeera's Tom Ackerman reports.


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