Sunday, February 5, 2012

Potential Partners - Olympus To Hold Shareholder Meeting On April 20 - News

TOKYO (Reuters) Japan's stressed Olympus Corp stated upon Sunday it will eventually hold an extraordinary shareholders conference with April 20, whenever them is definitely required to search for acceptance of your brand new operations team.

The creator of cameras and medical tools is definitely struggling to be able to come through coming from a $1.7 million accounting scandal plus is moving forward operations under your hobbled board, which 6 months time members, like company us president Shuichi Takayama, intend to kick the habit of by simply April.

Fujifilm Holdings, Sony Corp in addition to Panasonic are generally involving businesses speculated for being prospective lovers for Olympus.

Takayama said on January 18 of which his provider hadn't also been within precise shares along with any of them firms thinking that Olympus could hold out until after a administration overhaul around late April in order to generate a new prospective strategic partner.

Olympus possesses stated it plans for you to pronounce their October-December third 1 / 4 profits outcome on February 13.

The April reaching may be for shareholders at the time of February 20.

(Reporting simply by Risa Maeda, Editing simply by Jonathan Thatcher)

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