The well-known Japanese
The well-known Japanese camera manufacturers of medical equipment for many years and Olympus concealment huge investment losses scandal, Kyodo news sources from the office was informed that recently, the company set up independent committee to think, starting around 2000 will be investment loss after repeated high metastasis to the clearing time of different investment funds for the accounting fraud, while the president is likely to have to hide losses case. At present, the police in the investigation, and the company is facing delisting risk.
To be included in the list of supervision
Tokyo Stock Exchange announced recently, the Olympus shares included in the supervision of. This means that there may be delisted olympus. Olympus admitted using enterprise acquisition mask investment losses, then announced to delay the release of the first half of the fiscal year earnings.
According to the Olympus revealed, with individual shareholders to violations may cause damage on the grounds to sue directors 21, claim 140000000000 yen ( about 11440000000 yuan). If two months after the company filed a lawsuit, shareholders are likely to sue.
Shareholder company claims 140000000000 yen including cover losses and expenses of the business and to acquire investment advisory company payment. Olympus says,” will be a careful study of the shareholder ‘s request, consider how to deal with”.
Police intervention
Japan’s Kyodo News Agency reported, Olympus to set up an independent commission in the future will be to have admitted to hide losses and was relieved of his duties before the vice president ‘s long history event sequence of events unfolding in detail about, but also to understand the situation of company high level.
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