Toshiba Chairman quits after company loses $6.3 billion
Japan's Toshiba Corporation's Chairman Shigenori Shiga on Tuesday quit after the company's US nuclear power unit registered a $6.3 billion loss. "I apologize from the bottom of my heart for causing such major troubles for shareholders and investors," said company's President Satoshi Tsunakawa. Toshiba forecast says the company will report $3.4 billion loss in the current fiscal year to March.