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Japan’s Toshiba under threat after $4.8bn loss

Name: Japan’s Toshiba under threat after $4.8bn loss
Uploaded: 2017-04-12T05:44:26Z
Duration: 1 min 36 s
Description: 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.

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.