...May 16, 2019 - Toshiba's profitability is likely to steadily improve in the coming one to two years as a result of cost reductions and business restructuring, despite a deterioration in earnings in fiscal 2018. - The company is likely to maintain relatively healthy finances for our ratings, even when taking into account aggressive shareholder returns, high capital expenditure, and potential losses on the planned sale of its liquefied natural gas business. - We are affirming our '##' long-term ratings and 'B' short-term ratings on the company. - The outlook remains positive, reflecting our expectation that in the next year or so the company's profitability will recover substantially owing to various measures to improve earnings. TOKYO (S&P Global Ratings) May 16, 2019--S&P Global Ratings today said it has affirmed its '##' long-term issuer credit and senior unsecured debt ratings and 'B' short-term issuer credit and commercial paper program ratings on Japan-based capital goods and diversified...
