It is generally accepted that the current crisis brought Toshiba's problems to the attention of the American unit engaged in nuclear energy, which is about to declare bankruptcy. Nevertheless, we can recall the older scandal with the accounting statements of Toshiba, and to cite as an example some other Japanese manufacturers that could not stand competition with foreign rivals. Now, If by March 14, Toshiba does not publish the report, it will have time until March 27 to try again. Otherwise, Toshiba shares will leave the quotation list of the Tokyo Stock Exchange.
At the same time, as Reuters notes referring to informed sources, the Japanese authorities recommended that Toshiba exclude from the list of priority investors companies connected with China. Under this definition, falls and Foxconn, the founder of which recently openly expressed the intention to compete for Toshiba's assets related to the production of solid state memory. The Japanese authorities have already stated that they consider Toshiba's technologies to be "strategically important", and now they want to exclude their "leakage" to China. By the way, TSMC's ability to gain access to Toshiba's assets in this context also raises questions. Clearly, the ownership of Sharp's assets by the same Japanese government-related Foxconn is no longer embarrassing, or this Japanese manufacturer does not have such "key technologies" as Toshiba. The Japanese corporation sent out proposals to take part in the talks to about ten potential investors, according to informed sources.