Toshiba to brief on Westinghouse impairment charges on Friday

The logo of Toshiba Corp is seen at its headquarters in TokyoToshiba Corp will brief analysts on Friday on impairment changes at its U.S. nuclear power unit Westinghouse. Chief Executive Masashi Muromachi and Westinghouse chief Danny Roderick will both attend the briefing, Toshiba said. The conglomerate this month reported that Westinghouse had booked charges of $930 million in fiscal 2012 and $390 million in fiscal 2013 as the Fukushima disaster reduced demand for new nuclear power plants.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s