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Toshiba will do utmost to avoid Tokyo delisting - CEO

Reuters
Toshiba Corp CEO Satoshi Tsunakawa bows as the start of a news conference at the company's headquarters in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai (Reuters)

TOKYO (Reuters) - Japan's Toshiba Corp will make every effort to avoid being delisted by the Tokyo Stock Exchange (TSE), the company's CEO said on Tuesday, after releasing delayed third-quarter results with a disclaimer from its auditor. "The decision on any delisting is for the stock exchange to make," Satoshi Tsunakawa said at a press briefing in Tokyo. "We will do our utmost to avoid it." The results filing for the three months to end-December carried a disclaimer from auditor PricewaterhouseCoopers (PwC) Aarata LLC that it was unable to form an opinion of the results. Such a disclaimer is one of several criteria the TSE can use to justify removing companies from the bourse. (Reporting by Makiko Yamazaki; Editing by Ian Geoghegan)