TOKYO: Toshiba shares dived to a more than 36-year low on Friday after the scandal-hit firm widened its annual loss forecast to a whopping $6.0 billion, while a strong yen dragged the Nikkei into the red.

The company’s gaping shortfall was announced after markets closed on Thursday and the firm’s stock plummeted more than 11 percent to 176.3 yen Friday, its lowest close since late 1979.

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