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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Toshiba | LSE:TOS | London | Ordinary Share | JP3592200004 | JPY50 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 517.1398 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTOS
RNS Number : 0710W
Toshiba Corporation
20 December 2013
20 December, 2013
This is the translation of an announcement submitted to the Tokyo Stock Exchange on
19 December, 2013
Representative: Hisao Tanaka
President & CEO, Toshiba Corporation
1-1-1 Shibaura, Minato-ku, Tokyo, Japan
Contact: Naoto Hasegawa, General Manager
Public Relations & Investor Relations Office
Tel: 81 3 3457 2096
Notice on Judgment of European Court of Justice
The European Court of Justice (ECJ) today delivered its final ruling in respect of Toshiba Corporation's (Toshiba) alleged infringement of EU Competition Law in Europe's gas insulated switchgear (GIS) market. The judgment was delivered in the morning of December 19 in Luxembourg, evening of the same day in Japan. Toshiba greatly regrets that its arguments were not accepted in the end.
With respect to the above infringement, the European Commission issued a decision against Toshiba in June 2012 imposing fines amounting 56.8 million euros (about 8 billion yen at 142 yen to the euro) solely on Toshiba and 4.65 million euros (about 700 million yen) jointly and severally with Mitsubishi Electric Corporation. Toshiba filed an appeal with the General Court of the European Union in September 2012 and is contesting such decision. This appeal now continues.
Toshiba will not make any change in its business forecast for the current fiscal year, FY2013 ending on March 31, 2014, in respect of this judgment.
###
This information is provided by RNS
The company news service from the London Stock Exchange
END
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