Toshiba scandal: 8 years behind the fraud within the top three generations of infighting

Chinese proverb: with people fighting, an endless enjoyment. "China not only practice this sentence in our country, neighboring Japan, manufacturing industry leader - Toshiba group recently because of fighting disturbance jiquanbuning, in its 140 years of the most critical moment.

In July 21, 2015, there is a picture almost on the international headlines: three men at a press conference in Western dress and leather shoes bowed. The three men are humble manners (or used to be) the head of the Toshiba group, are caught in a fierce high-level internal struggle, for false profits done so, are arch-criminal Toshiba huge scandal.

They are former president of Toshiba Nishida Atsushi (05 June -09 years in May), former president of the United States in the year (in June, -13) in May, the current president of the president of the United States (in the year of 13 to date in the year of June) in, china.

Toshiba before and after the three presidents bow and apologize, in the middle for the current president (Gettys)

Toshiba financial scandal surprised by the volume, spanning 8 years (2008 to 2015), spanning three generations, "water", the earnings totaled $1 billion 600 million.

Analysis of Japanese media, the Toshiba scandal after all because of internal struggle, the former president and the two generation of autocratic opposition to the incumbent president of weak. The three presidents but almost destroyed a 140 year history of famous enterprises.

The three presidents are what position? Why the former two presidents confrontation? Why has the scandal of ten years been exposed? Today we come to talk about the Toshiba behind this invisible smoke of war".

Former former President Xi Tian: Iron fisted rule suffered economic crisis in 2008

Former president Nishida Atsushi (05 June -09 years in May) is a bold move to promote mergers and acquisitions, led the management of Toshiba business change. Since June 2005 served as president of Toshiba, focusing on the selection of several core business to focus on investment. Much attention has been paid to the huge investment in the semiconductor business, mergers and acquisitions of the United States, a large nuclear power company - Westinghouse electric.

When West took office, Toshiba's consolidated operating income of 5 trillion yen of 836 billion 200 million. The 2008 year will surge by 3, reaching a total of 7 trillion yen of 778 billion. Because the West led Toshiba embarked on the fast track of development, it is regarded as a representative of Toshiba, since then known as a strong manager".

But the financial crisis in 2008 made a big difference. By the impact of the global economy, the rapid deterioration of the semiconductor market, business and investment in a particular business in the drawbacks gradually revealed. 2009 year net profit is a deficit of $343 billion 500 million, becoming the worst in the history of Toshiba transcripts".

Deterioration in the performance of 2009, the president of the West will be handed over to the position of Sasaki, he was replaced as president of Toshiba. Since then, Xi Tian is disappeared from the list of candidates for the Keidanren chairman.

Former president Sasaki: nuclear power dream when the Fukushima nuclear accident

2009 took over the post of President Sasaki is a technical staff, from the entry of Toshiba, has been focused on the field of nuclear power. When the acquisition of the United States Westinghouse Electric, as the head of the division of nuclear power, Sasaki and then the president of the field with the merger negotiations.

Xi Tian also served in the presidency of the handover ceremony in 2009, spoke highly of Sasaki "for Toshiba's nuclear power business into the track of globalization of the hero", and called his right-hand man".

However, after the earthquake in northeastern Japan, Tokyo electric power Fukushima first nuclear power plant accident, making the nuclear power industry wants to reshape the core of Toshiba's intention to Sasaki all failed. The reason is that the first nuclear power plant in Fukushima equipment used, all Toshiba products. After the accident, Sasaki wants to strengthen the field of solar energy and wind energy and other new industries, but in 2013, but the president, to the Tanaka Kuxiong.

Although not in the post of president, but Sasaki resigned after Toshiba still has a strong influence. In the Andouble administration, Mr. Sasaki served as a member of the economic and Financial Advisory Council and a member of the Council on industrial competitiveness. The beginning of the Andouble administration, the government and some obscure Keidanren contradictions, but Sasaki is the Andouble government is behind the few powerful business supporters.

Fukushima nuclear leak exposed two presidents discord

After a nuclear accident in 2013 two, the former president of the heart suddenly surface.

In the short term, pretending to honeymoon in the west, the contradiction between Sasaki suddenly surfaced in 2013. Sasaki dismissal of the president, vice president and vice president of the inauguration of the inauguration of the press conference, the smell of gunpowder between the West and the field of Sasaki can vaguely smell.

At the press conference, when he was president of Toshiba's Westfield once said "if you ask me only contact with a business person can save all aspects of the company, I can not say". At that time, the Japanese media evaluation believes that the West will obviously focus on the focus of nuclear power business Sasaki.

On the other hand, Sasaki also said, I have completed the task of bringing the company to the track of development, stressed that during his tenure will be the president of the era of West Asia deficit turnaround. Since then, the West criticized Sasaki's operating style of speech repeatedly reported.

The fundamental reason of cooking the books: three presidents challenge each other competition of corporate profits

21, published by the third party committee