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OCPNY Olympus Corporation (PK)

18.00
0.00 (0.00%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Olympus Corporation (PK) USOTC:OCPNY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.00 0.00 01:00:00

Nippon Life: To Keep Supporting Olympus

24/11/2011 5:44am

Dow Jones News


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Nippon Life Insurance said Thursday it will continue to support Olympus Corp. (7733.TO) for now, as it waits for the results of an investigation by a third-party committee into Olympus's attempts to hide investment losses over the last two decades.

While expressing concerns that Olympus didn't disclose accurate information, a senior official at Japan's largest life insurer said that the scandal-hit maker of cameras and medical equipment is still an important company in Japan, given its technological strength.

Nippon Life is one of the largest shareholders in Olympus.

-By Megumi Fujikawa, Dow Jones Newswires; 813-6269-2786; megumi.fujikawa@dowjones.com

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