Toshiba Corp. on Tuesday reported its twice-delayed earnings report for the nine months through December that were filed without the endorsement from its auditor.
Toshiba reported a group net loss of 552.41 billion yen ($5 billion) due to losses related to hefty writedowns incurred by its US nuclear subsidiary Westinghouse Electric Co, Xinhua news agency reported.
On sales of 576.28 billion yen, Toshiba posted a group operating loss of 3.85 trillion yen during the April-December period.
At the end of March, the multinational corporation approved a Chapter 11 bankruptcy filing in the US by its embattled Westinghouse Electric unit with the conglomerate saying it faced a possible 712.5 billion yen writedown on its failing nuclear energy business and a related group net loss of more than 1 trillion yen.
Toshiba's shares were placed on a "securities on alert" watchlist by the Tokyo Stock Exchange in September 2015, following an accounting scandal, which had initially dented the company's reputation.
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The filing on Tuesday without the approval of an auditor has yet to be accepted by regulators or the Tokyo bourse and could see the Tokyo-based firm delisted.
--IANS
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