English Story

东芝董事长因财务丑闻辞职

Toshiba Corp.'s President Hisao Tanaka resigned on Tuesday following allegations of an accounting scandal.

东芝集团董事长田中久雄周二因财务丑闻辞职。
 
The multinational conglomerate headquartered in Tokyo also saw its vice chairman and advisor Norio Sasaki and Atsutoshi Nishida step down following a board meeting earlier in the day, with the company announcing that current chairman Masashi Muromachi will step in to double as interim president. 
 
At a press conference at Toshiba's head office in Tokyo following the announcement of his resignation, Tanaka apologized to the firm's shareholders over the accounting irregularities, saying that while he saw nothing wrong with pursuing profits, accounting practices should follow strict and proper rules. 
 
He said that ongoing investigations by a third-party panel which unearthed the initial scandal would be taken seriously by the company and due to the now tainted image of the company -- the worst of its kind in its 140-year history -- it would work hard to rebrand itself. 
 
Tanaka went on to say that the firms 200,000 employees would do their utmost everyday henceforth to help regain the trust and understanding of their consumers, but reiterated that it was the company's executive-level representatives, including himself, who are responsible for the problem and accept the third-party's findings.