Japan's Toshiba Corp delayed announcing its annual financial results on Monday, saying it had found more accounting errors after disclosing a $1.2 billion book-keeping scandal.
Toshiba, which was scheduled to post its earnings for fiscal 2015, said the newly discovered problems included incorrect impairment charges on fixed assets at several subsidiaries and improperly timed booking of loss provisions at a U.S. subsidiary.
Toshiba had already delayed announcing its results by around three months due to an independent investigation over its past accounting practices.
The probe found that it had overstated past results by around $1.2 billion over several years, prompting its CEO and several other executives to step down last month. It is Japan's biggest accounting scandal since Olympus Corp was involved four years ago in a $1.7 billion scheme to conceal two decades of investment losses.
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