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Japan trade min says not considering Toshiba rescue plan

A logo of Toshiba Corp is seen behind a red light signal outside an electronics retail store in Tokyo, Japan, January 19, 2017. REUTERS/Toru Hanai (Reuters)

TOKYO (Reuters) - Japan's minister for economy, trade and industry, Hiroshige Seko, said on Friday a rescue plan for embattled conglomerate Toshiba Corp was not under consideration at his ministry. Seko told reporters after a cabinet meeting that he would closely monitor the steps taken by Toshiba's management. Toshiba is under pressure to come up with cash as it faces a bigger-than-expected writedown for its U.S. nuclear business that local media have said could come in at $6 billion. (Reporting by Ami Miyazaki; Editing by Himani Sarkar)