TOKYO STOCK EXCHANGE

More news
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo November 24, 2011.

Japan Prosecutors Charge Key Figures in Olympus Scandal

Tokyo prosecutors on Wednesday charged Olympus Corp and six key figures in the $1.7 billion accounting fraud at the camera and endoscope maker, tightening their case in the investigation of one of Japan's biggest corporate scandals.
IBTimes Logo

Tokyo bourse suffers glitch, angers traders

The Tokyo Stock Exchange suffered a major glitch in cash-share trading for the first time in six years on Thursday that prevented morning trade in some 240 shares and instruments, including Sony Corp , and provoked anger among traders.
An NEC logo in Tokyo

NEC Stuns Japanese Markets, Will Lay off 10,000

Japanese electronics giant NEC Corp. stunned the Japanese markets Thursday, announcing it expected to lose ¥100 billion ($1.3 billion) and lay off 10,000 employees globally next year. The view -- announced during the company's quarterly earnings release conference call -- was a wild swing from previous statements, where the company had set positive 2012 earnings guidance of ¥15 billion.
Nikkei stock exchange

Nikkei Ends Session Flat to Halt Four-Day Streak

The Nikkei average ended flat on Monday to halt a four-day winning streak, with early gains capped by market worries over Greece after negotiations with private creditors failed, raising the stakes for a meeting later in the day at which euro zone finance ministers will decide terms for a debt restructuring.
People walk past a signboard of Olympus Corp outside its showroom in Tokyo January 12, 2012.

Banker in Olympus Scandal Steps into Public View

A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.
A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo, November 24, 2011.

TPG Willing to Invest $1 Billion in Olympus

Private equity firm TPG Capital is willing to invest about $1 billion in Japan's Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG's thinking said.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus Sues Execs over Scandal, Shares Surge

Japan's disgraced Olympus Corp is suing its president and 18 other executives, past and present, for up to $47 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus Sues Top Execs, Will Purge Board; Stock Soars

Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus Sues Top Execs, Will Purge Board; Stock Soars

Japan's disgraced Olympus Corp. is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
Olympus

Olympus Sues Current President, Ex-Directors

Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Japanese Prosecutors Raid Olympus over Accounting Scandal

Japanese prosecutors raided offices of Olympus Corp and the home of a former executive Wednesday in a probe into a $1.7 billion accounting scandal that has threatened the survival of the once-proud camera and medical equipment maker.
Olympus Corp's digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo

Olympus Offices Reported Raided by Tokyo Authorities

Japanese prosecutors raided Olympus Corp units on Wednesday in connection with a huge accounting scandal that has threatened the existence of the 92-year-old maker of cameras and medical equipment, Japanese media reported.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus ex-CEO Looks to Be Losing Boardroom Bid

Michael Woodford, the ousted boss of Japan's Olympus Corp, has won the battle to force his former employer to admit to more than a decade of accounting fraud. His bid to return as chief executive officer, however, appears doomed.
Former Olympus Chief Executive Michael Woodford is interviewed by Reuters in New York November 30, 2011.

Analysis: Olympus Ex-CEO Looks to be Losing Boardroom Bid

Michael Woodford, the ousted boss of Japan's Olympus Corp, has won the battle to force his former employer to admit to more than a decade of accounting fraud. His bid to return as chief executive officer, however, appears doomed.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.