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Olympus President News Conference
21 images
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. takes a deep bow as he arrives for a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000Zj3K5Q5ViaA/t/124/I0000Zj3K5Q5ViaA.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. arrives for a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000HnOc4a4MLfs/t/124/I0000HnOc4a4MLfs.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. speaks during a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I000009Kp.jNfDLg/t/124/I000009Kp.jNfDLg.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. speaks during a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000uufSyVsd0Uc/t/124/I0000uufSyVsd0Uc.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. closes his eyes during a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000s5jDRLdOugQ/t/124/I0000s5jDRLdOugQ.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. apologizes during a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I00007YZg.4_w2bg/t/124/I00007YZg.4_w2bg.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama, left, of the scandal-hit Olympus Corp. listens as his accounting manager Nobuyuki Onishi speaks during a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000Ji7.J8wwwqI/t/124/I0000Ji7.J8wwwqI.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama,...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. takes a deep bow as he arrives for a news conference in Tokyo on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000OThAO7Gk128/t/124/I0000OThAO7Gk128.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama of the scandal-hit Olympus Corp. speaks during a news conference at a Tokyo hotel on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000oXcfADE_7Pw/t/124/I0000oXcfADE_7Pw.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama, left, and his accounting manager Nobuyuki Onishi of the scandal-hit Olympus Corp. bow to the media before leaving a news conference in Tokyo on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000l2JZuuUazIA/t/124/I0000l2JZuuUazIA.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama,...
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![December 7, 2011, Tokyo, Japan - President Shuichi Takayama, left, and his accounting manager Nobuyuki Onishi of the scandal-hit Olympus Corp. leave a news conference in Tokyo on Wednesday, December 07, 2011, a day after an independent panel set up by the Japanese optical equipment company released the results of its investigation into the companys cover-up of investment losses. Takayama hinted at the news conference that the companys top brass may step down at the next shareholders meeting, most likely in February 2012 at the earliest. Former President Michael Woodford is calling for an extraordinary shareholders meeting to discuss the accounting scandal. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000.3mk5dacT1U/t/124/I0000.3mk5dacT1U.jpg)
December 7, 2011, Tokyo, Japan - President Shuichi Takayama,...
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![December 15, 2011, Tokyo, Japan - Michael Woodford, the ousted chief of Japans Olympuc Corp., harangues during a news conference at the Japan National Press Club in Tokyo on Thursday, December 15 2011, a few hours after the scandal-hit companys incumbent president held a press conference of his own. The 51-year-old Briton, who returned to Japan Tuesday to meet with investors and lawmakers, said he won't pursue a proxy war via investors to seek reinstatement as president and CEO of the 92-year-old camera and endoscope maker. Woodford, the first ever non-Japanese president and chief executive of Olympus, was stripped of his executive posts after questioning the firm's massive, dubious consulting fees for the acquisition of British medical equipment maker Gyrus Group in 2008 and other shady deals. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000G4Jq3ZnR25I/t/124/I0000G4Jq3ZnR25I.jpg)
December 15, 2011, Tokyo, Japan - Michael Woodford, the...
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![December 15, 2011, Tokyo, Japan - Michael Woodford, the ousted chief of Japans Olympuc Corp., harangues during a news conference at the Japan National Press Club in Tokyo on Thursday, December 15 2011, a few hours after the scandal-hit companys incumbent president held a press conference of his own. The 51-year-old Briton, who returned to Japan Tuesday to meet with investors and lawmakers, said he won't pursue a proxy war via investors to seek reinstatement as president and CEO of the 92-year-old camera and endoscope maker. Woodford, the first ever non-Japanese president and chief executive of Olympus, was stripped of his executive posts after questioning the firm's massive, dubious consulting fees for the acquisition of British medical equipment maker Gyrus Group in 2008 and other shady deals. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000yiGynaPcImc/t/124/I0000yiGynaPcImc.jpg)
December 15, 2011, Tokyo, Japan - Michael Woodford, the...
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![December 15, 2011, Tokyo, Japan - Michael Woodford, the ousted chief of Japans Olympuc Corp., arrives for a news conference at the Japan National Press Club in Tokyo on Thursday, December 15 2011, a few hours after the scandal-hit companys incumbent president held a press conference of his own. The 51-year-old Briton, who returned to Japan Tuesday to meet with investors and lawmakers, said he won't pursue a proxy war via investors to seek reinstatement as president and CEO of the 92-year-old camera and endoscope maker. Woodford, the first ever non-Japanese president and chief executive of Olympus, was stripped of his executive posts after questioning the firm's massive, dubious consulting fees for the acquisition of British medical equipment maker Gyrus Group in 2008 and other shady deals. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000hqi2AvC3zbY/t/124/I0000hqi2AvC3zbY.jpg)
December 15, 2011, Tokyo, Japan - Michael Woodford, the...
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![December 15, 2011, Tokyo, Japan - Shuichi Takayama, president of Japans Olympus Corp., speaks with a grim look during a news conference in Tokyo on Thursday, December 15, 2011. Takayama said the scandal-hit company would aim to hold an extraordinary shareholder meeting in March or April in the wake of demands by foreign investors to overhaul management following the discovery of an accounting fraud. The 92-year-old camera and endoscope maker submitted its overdue revised earnings statement to the Financial Services Agency three hours before the deadline Wednesday to avoid being axed from the Tokyo Stock Exchange. For the April to September quarter, the company booked a net loss of $413 million against a year-earlier profit of $38 million due mainly to one-time losses caused by market deterioration, Thai floods and a decline in the book value of its business assets. Olympus delayed the filing pending the findings of an independent investigation into schemes that used inflated payments for acquisitions to hide about $1.5 billion in losses from the 1990s. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000R77lsy9.MiU/t/124/I0000R77lsy9.MiU.jpg)
December 15, 2011, Tokyo, Japan - Shuichi Takayama, president...
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![December 15, 2011, Tokyo, Japan - Shuichi Takayama, president of Japans Olympus Corp., speaks with a grim look during a news conference in Tokyo on Thursday, December 15, 2011. Takayama said the scandal-hit company would aim to hold an extraordinary shareholder meeting in March or April in the wake of demands by foreign investors to overhaul management following the discovery of an accounting fraud. The 92-year-old camera and endoscope maker submitted its overdue revised earnings statement to the Financial Services Agency three hours before the deadline Wednesday to avoid being axed from the Tokyo Stock Exchange. For the April to September quarter, the company booked a net loss of $413 million against a year-earlier profit of $38 million due mainly to one-time losses caused by market deterioration, Thai floods and a decline in the book value of its business assets. Olympus delayed the filing pending the findings of an independent investigation into schemes that used inflated payments for acquisitions to hide about $1.5 billion in losses from the 1990s. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000eyVc3hcX.eY/t/124/I0000eyVc3hcX.eY.jpg)
December 15, 2011, Tokyo, Japan - Shuichi Takayama, president...
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![December 15, 2011, Tokyo, Japan - Shuichi Takayama, left, president of Japans Olympus Corp., speaks during a news conference in Tokyo on Thursday, December 15, 2011. Takayama said the scandal-hit company would aim to hold an extraordinary shareholder meeting in March or April in the wake of demands by foreign investors to overhaul management following the discovery of an accounting fraud. The 92-year-old camera and endoscope maker submitted its overdue revised earnings statement to the Financial Services Agency three hours before the deadline Wednesday to avoid being axed from the Tokyo Stock Exchange. For the April to September quarter, the company booked a net loss of $413 million against a year-earlier profit of $38 million due mainly to one-time losses caused by market deterioration, Thai floods and a decline in the book value of its business assets. Olympus delayed the filing pending the findings of an independent investigation into schemes that used inflated payments for acquisitions to hide about $1.5 billion in losses from the 1990s. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I00004.UwPLTzoxM/t/124/I00004.UwPLTzoxM.jpg)
December 15, 2011, Tokyo, Japan - Shuichi Takayama, left,...
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![December 15, 2011, Tokyo, Japan - Shuichi Takayama, president of Japans Olympus Corp., speaks with a grim look during a news conference in Tokyo on Thursday, December 15, 2011. Takayama said the scandal-hit company would aim to hold an extraordinary shareholder meeting in March or April in the wake of demands by foreign investors to overhaul management following the discovery of an accounting fraud. The 92-year-old camera and endoscope maker submitted its overdue revised earnings statement to the Financial Services Agency three hours before the deadline Wednesday to avoid being axed from the Tokyo Stock Exchange. For the April to September quarter, the company booked a net loss of $413 million against a year-earlier profit of $38 million due mainly to one-time losses caused by market deterioration, Thai floods and a decline in the book value of its business assets. Olympus delayed the filing pending the findings of an independent investigation into schemes that used inflated payments for acquisitions to hide about $1.5 billion in losses from the 1990s. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000D.7cg_ULTTQ/t/124/I0000D.7cg_ULTTQ.jpg)
December 15, 2011, Tokyo, Japan - Shuichi Takayama, president...
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![December 15, 2011, Tokyo, Japan - Shuichi Takayama, president of Japans Olympus Corp., speaks with a grim look during a news conference in Tokyo on Thursday, December 15, 2011. Takayama said the scandal-hit company would aim to hold an extraordinary shareholder meeting in March or April in the wake of demands by foreign investors to overhaul management following the discovery of an accounting fraud. The 92-year-old camera and endoscope maker submitted its overdue revised earnings statement to the Financial Services Agency three hours before the deadline Wednesday to avoid being axed from the Tokyo Stock Exchange. For the April to September quarter, the company booked a net loss of $413 million against a year-earlier profit of $38 million due mainly to one-time losses caused by market deterioration, Thai floods and a decline in the book value of its business assets. Olympus delayed the filing pending the findings of an independent investigation into schemes that used inflated payments for acquisitions to hide about $1.5 billion in losses from the 1990s. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000tr_bkeo8VqQ/t/124/I0000tr_bkeo8VqQ.jpg)
December 15, 2011, Tokyo, Japan - Shuichi Takayama, president...
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![December 15, 2011, Tokyo, Japan - Shuichi Takayama, president of Japans Olympus Corp., speaks with a grim look during a news conference in Tokyo on Thursday, December 15, 2011. Takayama said the scandal-hit company would aim to hold an extraordinary shareholder meeting in March or April in the wake of demands by foreign investors to overhaul management following the discovery of an accounting fraud. The 92-year-old camera and endoscope maker submitted its overdue revised earnings statement to the Financial Services Agency three hours before the deadline Wednesday to avoid being axed from the Tokyo Stock Exchange. For the April to September quarter, the company booked a net loss of $413 million against a year-earlier profit of $38 million due mainly to one-time losses caused by market deterioration, Thai floods and a decline in the book value of its business assets. Olympus delayed the filing pending the findings of an independent investigation into schemes that used inflated payments for acquisitions to hide about $1.5 billion in losses from the 1990s. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I0000JKyLUOzbmyE/t/124/I0000JKyLUOzbmyE.jpg)
December 15, 2011, Tokyo, Japan - Shuichi Takayama, president...
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![December 15, 2011, Tokyo, Japan - Shuichi Takayama, president of Japans Olympus Corp., bows deeply before speakings during a news conference in Tokyo on Thursday, December 15, 2011. Takayama said the scandal-hit company would aim to hold an extraordinary shareholder meeting in March or April in the wake of demands by foreign investors to overhaul management following the discovery of an accounting fraud. The 92-year-old camera and endoscope maker submitted its overdue revised earnings statement to the Financial Services Agency three hours before the deadline Wednesday to avoid being axed from the Tokyo Stock Exchange. For the April to September quarter, the company booked a net loss of $413 million against a year-earlier profit of $38 million due mainly to one-time losses caused by market deterioration, Thai floods and a decline in the book value of its business assets. Olympus delayed the filing pending the findings of an independent investigation into schemes that used inflated payments for acquisitions to hide about $1.5 billion in losses from the 1990s. (Photo by Natsuki Sakai/AFLO) [3615] -mis-](http://cdn.c.photoshelter.com/img-get/I00001TUcj6MXRQ4/t/124/I00001TUcj6MXRQ4.jpg)
December 15, 2011, Tokyo, Japan - Shuichi Takayama, president...