Toshiba Grapples With Westinghouse Writedown

The transcript discusses Toshiba's financial and operational challenges, focusing on the acquisition of Westinghouse and the resulting accounting issues. The cost overruns in building nuclear reactors and the impact on Toshiba's finances are highlighted. The company is considering asset sales, including its valuable memory chip business, to stabilize its financial position. The transcript also explores potential buyers for Westinghouse and the difficulties in managing nuclear business contracts. The future of Toshiba as a technology company is uncertain, with credit ratings and financial guarantees adding to the complexity.

What was the main reason for the dramatic fall in Toshiba's stock?

• Accounting issues with the Westinghouse project

• A change in company leadership

• A new competitor in the market

• A natural disaster affecting production

Why is Toshiba hesitant to sell its memory chip business?

• It is the least profitable segment

• It is not technologically advanced

• It is the best business they have

• It has legal issues pending

What is one of the most expensive components of the nuclear power plant project?

• Construction materials

• Cyber security protocol

• Labor costs

• Transportation of materials

Which country's companies are considered unlikely buyers for Westinghouse?

• Chinese

• Indian

• Korean

• Japanese

What could happen if Toshiba's credit rating is lowered?

• They will have to close down operations

• They will face legal action

• They will need to secure additional credit

• They will have to sell more assets