Olympus Revises Q1 Net Loss to 1.4B yen from 2.2B
Olympus said on Wednesday it revised its first-quarter 2011/12 net earnings to a 1.4 billion yen ($17.96 million) loss from a 2.2 billion yen loss.
The company is restating its accounts for the past five years as it looks to sort out an accounting scandal, and must report its half-year results by the end of the day to avoid a delisting of its shares on the Tokyo Stock Exchange.
($1=77.97 yen)
(Reporting by Mayumi Negishi; Editing by Joseph Radford)
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