August 10, 2017 / 4:23 AM / 10 months ago

Toshiba's auditor gives 'adverse opinion' on governance: filing

TOKYO (Reuters) - Toshiba Corp’s (6502.T) auditor gave an “adverse opinion” on the company’s internal controls in an annual report filed on Thursday, showing the Japanese industrial conglomerate has a way to go before regaining the market’s trust following a 2015 accounting scandal.

PriceWaterhouseCoopers Aarata LLC (PwC) earlier gave a separate, “qualified opinion” on Toshiba’s financial results, effectively signing off on its books, likely helping the company avoid an immediate delisting.

    Reporting by Makiko Yamazaki and Ritsuko Ando; Editing by Christopher Cushing

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below