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Toshiba s independent probe was biased, say two former directors

The pair rejected the conclusions of a 139-page report by a law firm that determined the firm had worked with Japan’s trade ministry to prevent shareholders from exercising their rights.

How dark arts and dirty tricks turned investors against Toshiba

How dark arts and dirty tricks turned investors against Toshiba
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FirstFT: Today s top stories

FirstFT: Today s top stories
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Toshiba to drop two board members

FILE PHOTO: The logo of Toshiba Corp. is seen at the company s facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon TOKYO: Toshiba Corp said it will drop two existing directors from its board as major shareholders demanded accountability after a probe showed unfair practices in last year’s selection process. The conglomerate won’t put forward the names of Junji Ota and Takashi Yamauchi for another term, it said in a statement after a special meeting. It also won’t reappoint executive officers Masayasu Toyohara and Masaharu Kamo, the company said. A independent probe showed Toshiba sought government help in an attempt to influence a key shareholder vote that installed its slate of directors.

Toshiba blames former CEO for scandal

Toshiba blames former CEO for scandal
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