Tokyo prosecutors have charged camera-maker Olympus and three of its former executives in connection with a $1.7bn (£1bn) accounting cover-up.
Showing posts with label Japanese economy. Show all posts
Showing posts with label Japanese economy. Show all posts
January 12, 2012
Former Olympus boss calls for clearout of board
The former chief executive of Japanese camera firm Olympus has said the decision to sue current and former executives is "deeply inadequate".
December 22, 2011
Prosecutors raid the HQ of Olympus in earnings probe
Japanese prosecutors have raided the headquarters of camera and medical equipment maker Olympus as part of an ongoing investigation.
June 11, 2011
Toyota forecasts profits slump after earthquake
Japanese car giant Toyota has said it expects profits for this financial year to be sharply lower than last year, due in large part to the massive earthquake in March that disrupted production.
The carmaker forecast net profits of 280bn yen ($3.5bn; £2.1bn) for the year to the end of March, down a third on the 408bn yen it made last year.
The carmaker forecast net profits of 280bn yen ($3.5bn; £2.1bn) for the year to the end of March, down a third on the 408bn yen it made last year.
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