Olympus Corp (7733.T)
24 Mar 2017
Latest Key Developments (Source: Significant Developments)
Olympus Corp:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+".Rating outlook stable. Full Article
Olympus Corp:Says indirectly holding subsidiary Olympus Latin America, Inc and Olympus Optical do Brasil, Ltda have received investigation from US Department of Justice of the based on the US Foreign Corrupt Practices Act, regarding medical business.Expected extraordinary loss of 2,421 mln yen for Q1 of FY ending March 2016. Full Article
Olympus Corp:Says Yasuyuki Kimoto to resign from chairman of the board on June 26. Full Article
Olympus Corp:Sees extraordinary loss of about 53.9 bln yen as allowance on settlement of investigation on subsidiary Olympus Corporation of the Americas, which was disclosed on Feb. 6, for fiscal year ended March 2015. Full Article
TOKYO The Japanese government, fretting over the future of Toshiba Corp's flagship memory chips unit, is prepared to block a sale to bidders it deems a risk to national security, sources said, a stance that gives U.S. suitors a major advantage.