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.


    YOU MIGHT ALSO LIKE

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    Heron Gate mass eviction: 'We never expected this in Canada'

    Hundreds face mass eviction in Canada's capital

    About 150 homes in one of Ottawa's most diverse and affordable communities are expected to be torn down in coming months

    I remember the day … I designed the Nigerian flag

    I remember the day … I designed the Nigerian flag

    In 1959, a year before Nigeria's independence, a 23-year-old student helped colour the country's identity.