Toshiba 5 false profits of over 150 billion yen in connection with the executives

　　According to the Japan media, an independent third party, team Toshiba is 20th management audit report for the accounting fraud case. Japan's financial regulator will be punished according to the audit report of the Toshiba, the judiciary also executives in connection with a criminal investigation. Wu Qing a break from the focus of the mind

　　According to the Japan economic news, Japan's securities regulator after receiving reports from within the Toshiba, starting from February this year covertly investigating the company's accounting irregularities. Japan's securities regulator finds that Toshiba fail to take into account losses for breach of Japan of the financial products transaction law. Toshiba by the strong outside pressure has to hire professional lawyers and third-party team of accountants, independent audit of the company.

　　Japan NHK quoted unnamed sources as saying, external third parties found that Toshiba's financial fraud is "systematic" in question within the company after a management staff of about 200, Auditors noted that Toshiba are suspected of financial fraud in many businesses, such as infrastructure-building business, semiconductor business and personal computer business. Auditors came to the conclusion that the Toshiba should be downgraded in the past 5 years of operating profit of 150 billion yen (about 1.2 billion US dollars). Prior to Japan's Kyodo News article reported that the Toshiba Group operating profit is likely to exceed the total amount of overstatement of 170 billion yen, was the company's previously announced 3 times (54.8 billion yen).

　　Reuters had a story, said independent investigators dig up senior management play what role in the violations, particularly focusing on whether they intend to encourage financial fraud. Reports said investigators is a point of concern, Toshiba executives worry that Fukushima nuclear power sector performance impact, so for small instrument, electronic toll collection station and other new business performance requirements for creating an unrealistic to instigate false costs and revenues. In addition, it has also been reported, President of Toshiba tianzhongjiuxiong send e-mail to company executives, urging the latter modified by means of available results.

　　Japan, the Yomiuri Shimbun daily said Japan Securities Commission is considering proposals to the Government, Toshiba corresponding punishments according to the audit report. After the Securities Commission will be based on the official findings, and Toshiba announced revisions of earnings in the future, as early as September and suggest specific penalties. However, Reuters said Toshiba currently has not been announced when the revised financial reports.

　　Toshiba was unable to complete the fiscal year 2014 group financial statements, the profit sharing plan was also abolished. Japan media reported Toshiba press conference will be held on 21st, when the company announced a series of personnel changes. It is reported that, in addition to the current tianzhongjiuxiong, Vice Chairman Norio Sasaki, President (former President) resigned, but Toshiba is also considering to overhaul management, half or more of the directors will be outside directors.