TOKYO (Reuters) – Toshiba Corp’s board said on Friday a strategic review would facilitate the identification of non-core businesses as the scandal-hit Japanese conglomerate looks to ease shareholders concerns over governance.
The initial focus of the review “has been on a full review of Toshiba’s businesses, including competitive position, financial performance, capital needs and potential to achieve improved shareholder returns which, when complete, will facilitate the identification of core and non-core businesses,” the statement said.
(Reporting by Makiko Yamazaki; editing by Jason Neely)
