Business

Toshiba's auditor gives 'adverse opinion' on governance: filing

Published: 12:20 PM, August 10, 2017

TOKYO - Toshiba Corp's <6502.T> auditor gave an "adverse opinion" on the company's internal controls in an annual report filed on Thursday, showing the Japanese industrial conglomerate has a way to go before regaining the market's trust following a 2015 accounting scandal.

PriceWaterhouseCoopers Aarata LLC (PwC) earlier gave a separate, "qualified opinion" on Toshiba's financial results, effectively signing off on its books, likely helping the company avoid an immediate delisting. REUTERS