Toshiba Reveals FY16 Net Loss of $8.78B

Toshiba is facing financial difficulties due to its nuclear business in the U.S., leading to a $6 billion write-down. The company is attempting to sell its valuable chips business to restore positive shareholders' equity and avoid delisting from the Tokyo Stock Exchange. However, legal disputes with Western Digital are delaying the sale. Despite some optimism, the risk of delisting remains if financial improvements are not achieved by the next fiscal year.

What major financial challenge did Toshiba face in the United States?

• A significant write-down in the nuclear business

• A drop in consumer electronics sales

• A failed merger with a tech company

• A lawsuit over patent infringement

Why is Toshiba aiming to sell its chips business?

• To expand into new markets

• To restore shareholder equity to positive

• To invest in renewable energy

• To reduce competition

What is a potential consequence for Toshiba if they fail to sell the chips business?

• Expansion into the European market

• A merger with Western Digital

• Delisting from the Tokyo Stock Exchange

• Increased market share

What historical aspect of Toshiba might influence the Tokyo Stock Exchange's decision?

• Its recent technological innovations

• Its status as a Japanese business icon over 100 years old

• Its partnerships with American companies

• Its leadership in the consumer electronics market

What legal challenge is affecting the sale of Toshiba's chips business?

• A patent dispute with a competitor

• A lawsuit and arbitration with Western Digital

• A breach of contract with a supplier

• A regulatory investigation in Europe