Toshiba (TOSBF.PK) is preparing for the possibility the yen may rise as far as 70 to the dollar,...

|About: Toshiba Corp. (TOSBF)|By:, SA News Editor

Toshiba (TOSBF.PK) is preparing for the possibility the yen may rise as far as 70 to the dollar, and will step up its expansion of overseas production. "People said the yen would never go to that level," says CEO Norio Sasaki, "but looking at the weakness of the dollar and the strength of the yen now, that may not be too far from reality."