Toshiba Corporation: Delay in Results Reporting and Large Impairment Loss for US Nuclear Business Are Credit Negative
CORPORATES ISSUER COMMENT 15 February 2017 RATINGS Toshiba Corporation Domicile Japan Long Term Rating Caa1, Possible Downgrade Type LT Corporate Family Ratings Outlook Rating(s) Under Review Source: Moody's Investor's Service Analyst Contacts Masako Kuwahara 81-3-5408-4155 VP-Senior Analyst Moody’s Japan K.K.Toshiba is engaged in the manufacture and sale of electronics and energy products. Along with its affiliates, Co. operates in six business segments: energy systems & solutions, infrastructure systems & solutions, retail & printing solutions, storage & electronic devices solutions, industrial ICT solutions, and others. Co. provides thermal power generation systems, nuclear power generation systems, water supply and sewerage systems, instrumentation and control systems, environmental systems, automatic railroad station equipment, transportation equipment, POS systems, small-signal devices, information technology ("IT") solution services, personal computers, tablets, televisions, and others.
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