Toshiba projects record net loss for FY 2015 after scandal

Toshiba projects record net loss for FY 2015 after scandal

Toshiba Corp. President Masashi Muromachi attends a press conference in Tokyo on Feb. 4, 2016. Toshiba cut its earnings outlook for fiscal 2015, estimating a record group net loss of 710 billion yen ($6 billion), as the lackluster performance of its semiconductor and social infrastructure units added to ballooning restructuring costs following an accounting scandal. (Kyodo) ==Kyodo

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