Toshiba warns on profit after Q3 slump; COO resigns over expenses
Japan’s Toshiba Corp cut its annual earnings estimate after third-quarter profit slumped and its chief operating officer resigned over the inappropriate use of entertainment expenses.
Proxy advisers ISS, Glass Lewis back all Toshiba director nominees
Two influential proxy advisers have both recommended voting for the appointment of all Toshiba Corp (6502.T) director nominees including two from activist shareholders, despite objection to the move from within the board.
