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Olympus Corp (7733.T)

7733.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Olympus to pay year-end dividend for FY 2015
Friday, 8 May 2015 02:30am EDT 

Olympus Corp:To pay year-end dividend of 10 yen per share, compared with latest dividend forecast of an undetermined value, for fiscal year ended March 2015.Record date March 31 and effective date June 29.  Full Article

Olympus announces change of top shareholder Sony
Wednesday, 1 Apr 2015 03:20am EDT 

Olympus Corp:Says former top shareholder Sony Corp has decreased voting rights in the company to 5.04 pct (17,243,950 shares) from 10.09 pct (34,487,900 shares) on April 1.Says Sony Corp became second biggest shareholder of the company.  Full Article

Olympus announces settlement of lawsuit
Friday, 27 Mar 2015 02:30am EDT 

Olympus Corp:Reaches settlement with 92 overseas institutional investors and pension funds, for dispute on false statement in the company's financial reports, on March 27.To pay up to 11 bln yen on the settlement and plaintiffs will waive other claims against the company.  Full Article

Olympus announces investigation on U.S-based subsidiary
Friday, 6 Feb 2015 01:30am EST 

Olympus Corp:Says U.S-based subsidiary Olympus Corporation of the Americas is facing an investigation launched by Department of Justice in the U.S regarding its U.S medical business, on suspicion of violation of Anti-Kickback and False Claim Act.  Full Article

Olympus expects extraordinary loss for Q3 of FY 2015
Friday, 26 Dec 2014 01:30am EST 

Olympus Corp:Expects extraordinary loss of 5,360 mln yen as loss from settlement payment for Q3 of FY ending March 2015.  Full Article

Olympus announces reorganization plan
Friday, 19 Dec 2014 01:30am EST 

Olympus Corp:To merge with wholly owned digital camera subsidiary Olympus Imaging Corp., and intellectual property subsidiary Olympus Intellectual Property Services Co., Ltd., effective April 1, 2015, and to dissolve the two subsidiaries.Says wholly owned subsidiary Olympus Medical Systems Corp. to keep part of its medical device act regulation compliance and manufacturing related business and transfer other businesses to the company, effective April 1, 2015.  Full Article

Olympus Corp amends consolidated mid-year outlook for FY 2015
Friday, 31 Oct 2014 02:30am EDT 

Olympus Corp:Says the company lowered the consolidated full-year outlook for revenue to 355,000 million yen from 360,000 million yen for the fiscal year ending March 2015.Sees an increased operating profit forecast to 38,000 million yen from 35,000 million yen.Sees an increased ordinary profit forecast to 29,000 million yen from 25,000 million yen.Sees an increased net profit forecast to 22,000 million yen from 13,000 million yen.Sees an increased earnings per share to 64.27 yen from 37.99 yen.Comments that the increased sales income and the decreased corporation tax are the main reasons for the forecast.  Full Article

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Olympus in legal dispute with whistleblower Woodford over pension

LONDON Olympus , the Japanese medical equipment and camera maker, is suing former CEO and whistleblower Michael Woodford in a multimillion-pound legal row over allegations of wrongdoing surrounding an executive pension plan.