Toshiba May Announce 2016-18 Business Plan in March, Sankei Says

Toshiba Corp. is considering announcing its business plan for fiscal 2016 to 2018 in March, the Sankei newspaper reported, without saying where it got the information.

Toshiba will set fiscal targets for the three-year period, the paper said. The Japanese watchdog has recommended fining the company about 7.37 billion yen ($61 million) for falsifying earnings.

President Masashi Muromachi said last week that the firm will detail a restructuring plan by Dec. 31 and may sell its personal computer and appliance businesses.

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