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Masashi Muromachi, Toshibas chief executive
Toshiba has warned of its biggest annual loss of Y550bn ($4.5bn) as a result of massive costs involved in slashing 10,600 jobs and streamlining its lossmaking businesses.
Analysts said that a speedy execution of the restructuring measures unveiled on Monday will be critical to restoring investor confidence tarnished by a $1.3bn accounting scandal.
But the bigger question for the 140-year-old Japanese group is whether it can draw a blueprint for post-restructuring growth, after the scandal exposed that it is struggling in most of its businesses.
The restructuring is just phase one. Like any other company, phase two involves growing its revenue and pro…
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