Toshiba: conducting stress test for nuclear business this quarter

March 18, 2016 7:36 AM

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Toshiba: conducting stress test for nuclear business this quarter

TOKYO Japan's Toshiba Corp (6502.T) said it is currently conducting a stress test on its nuclear business to assess whether it will require a writedown.

The Asahi newspaper earlier reported that Toshiba is considering a 200 billion yen ($1.8 billion) writedown for it U.S. subsidiary Westinghouse. The electronics conglomerate had previously said such a writedown was not needed because its nuclear business was mostly profitable.

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