Toshiba: Nuclear Writedown May Reach Billions

The transcript discusses Toshiba's acquisition of Westinghouse and the financial challenges arising from cost overruns in their nuclear business. These overruns could significantly impact Toshiba's balance sheet, potentially wiping out profits and affecting investors. The company is considering rethinking its nuclear strategy in response to these challenges and competition from countries like China and Russia.

What challenges has Toshiba faced with its nuclear business since acquiring Westinghouse?

How much could Toshiba potentially lose due to cost overruns in their nuclear projects?

What impact would a $1 or $2 billion impairment have on Toshiba's profit for the current fiscal year?

What future strategies might Toshiba consider for its nuclear power business?

How does competition from countries like China and Russia affect Toshiba's nuclear strategy?