Hisao tanaka toshiba tablet

To say the current corporate climate in Japan is terse right now is somewhat of a surreal reality. For a country largely associated with “pure” and honest business practices, a traditional commitment to protect the tenure of the employee (at times to the detriment of the company’s own well-being) and the origin of some of the world’s most respected companies, the current scandal Toshiba has been charged with is truly mindblowing, perhaps all the more so given how the numbers in this one continue to rise as it progresses.

For over half a decade now, Toshiba has been manipulating its accounting records, ultimately resulting in the fradulent reporting of a staggering $1.2 billion in false profits.

The scandal, which has been wreaking havoc on everything from the company’s share price to its daily operations has reached a new milestone as the President and CEO, Hisao Tanaka resigned today, along with two other top executives b