Toshiba logs net loss for 2nd straight year after scandal

Toshiba logs net loss for 2nd straight year after scandal

Masayoshi Hirata, chief financial officer of Toshiba Corp., briefs reporters on the company's group financial results for fiscal 2015 during a press conference at the company's headquarters in Tokyo on May 12, 2016. Toshiba posted a group net loss of 483.23 billion yen ($4.44 billion) for the year due to a write-down of nuclear and other businesses as well as restructuring, as it continued to struggle in the wake of an accounting scandal. (Kyodo) ==Kyodo

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