Olympus pays investors US$2.6m over accounting scandal

TOKYO, JAPAN: Japanese camera company Olympus agreed to pay US$2.6m to settle a US investor claim stemming from a huge accounting scandal that hammered its shares.

1 Oct 2013


Sony sells Tokyo building for ¥111bn

TOKYO, JAPAN: Sony said Thursday (28 February) it has sold one of its main buildings in Tokyo for US$1.2bn as the embattled Japanese electronics giant offloads assets to help repair its tattered balance sheet.

1 Mar 2013


Olympus makes US$100m first-half profit

TOKYO, JAPAN: Olympus said on Monday (12 November) it had swung to a US$100 million first-half profit, reversing earlier losses, as the camera and medical equipment maker moves on after an embarrassing accounting scandal.

13 Nov 2012

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