Topic: Tokyo
Police and prosecutors raided the headquarters of embattled camera-maker Olympus on Wednesday as a probe into corporate wrongdoing that has shamed Japan stepped up a gear.Nearly 10 weeks after allegations of massive corporate subterfuge emerged in the international media, the slow-motion raid ...
TOKYO (Reuters) - Japanese prosecutors raided Olympus Corp and the homes of former executives on Wednesday over a $1.7 billion accounting scandal that has threatened the survival of the once-proud camera and medical equipment maker.Tokyo prosecutors, police and financial regulators have joined ...
TOKYO (Reuters) - Japanese prosecutors raided Olympus Corp units on Wednesday in connection with a huge accounting scandal that has threatened the existence of the 92-year-old maker of cameras and medical equipment, Japanese media reported.A spokeswoman for the Tokyo district prosecutors office ...
(Reuters) - Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares with Japanese high-tech stalwarts Sony and Fujifilm seen as likely buyers as it tries to bolster its depleted finances, the Nikkei business daily reported.The report ...
TOKYO (Reuters) - Japan signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.Financial Services Minister Shozaburo Jimi told ...
TOKYO (Reuters) - Japan signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.Financial Services Minister Shozaburo Jimi told ...
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its ...
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its ...
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its ...
TOKYO (Reuters) - The whistleblower in a $1.7 billion accounting scandal at Japan's Olympus Corp, ex-CEO Michael Woodford, plans to meet ruling-party lawmakers in Tokyo this week as he lobbies for reforms to Japanese boardrooms, a source said on Monday.Woodford, an Englishman ...
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