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Is Toshiba subsidiary posting about 20 billion yen more fictitious transaction sales?

2020-01-18T08:37:11.371Z

It turns out that a fictitious transaction was being conducted at a Toshiba subsidiary that is rebuilding its business. Sales are about 20 billion yen more than actual…



Toshiba subsidiary booked about 20 billion yen more fictitious transaction or 17:31 on January 18

It turns out that a fictitious transaction was being conducted at a Toshiba subsidiary that is rebuilding its business. It seems that sales were about 20 billion yen more than actual sales, and Toshiba is examining the impact on the performance of the entire group.

The fictitious transaction was confirmed at Toshiba IT Service, a subsidiary of Toshiba headquartered in Kawasaki.

According to the announcement, from last November there was an external indication that there was a suspicious transaction between this subsidiary and another company, and after conducting an internal investigation it was found that a fictitious transaction had been conducted. .

According to previous surveys, a fictitious transaction generated about 20 billion yen more sales than before from April to September last year.

He added that fictitious transactions seemed to involve several companies outside the group for several years, and will continue to investigate.

Toshiba plans to cancel sales from fictitious transactions in this fiscal year's financial results, and is also examining the impact on the business results of the entire group.

Source: nhk

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