Toshiba’s Tumble No Outlier in Japan Corporate Crashes

Toshiba Corp. said it may write down billions of dollars of acquisitions made by U.S. unit Westinghouse Electric, helping fuel a 42 percent decline the past three days. That’s on par with Mitsubishi Motor Corp.’s plunge after it manipulated mileage test data and Olympus Corp.’s drop after its accounting scandal emerged.

— With assistance by Reed Stevenson

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