The logo of Toshiba Corp. is seen next to a traffic signal atop of a building in Tokyo, Japan June 11, 2021. REUTERS/Issei Kato
A shareholder-commissioned independent investigation last week alleged Toshiba management colluded with Japan's trade ministry to block foreign investors from gaining board influence, in what one Toshiba shareholder has called the world's worst corporate scandal in a decade. Toshiba's businesses include defence-related work such as submarine batteries and radars and it also builds nuclear reactors, making it strategically important to the government.
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