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Thursday, April 18, 2024

Toshiba warns on profit after Q3 slump; COO resigns over expenses

TOKYO, Feb 14 (Reuters) – Japan’s Toshiba Corp (6502.T) cut its annual earnings estimate after third-quarter profit slumped and its chief operating officer resigned over the inappropriate use of entertainment expenses. The weak performance and the departure of Goro Yanase come at a time when the …

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