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Wednesday, April 7, 2010 as of 11:14 AM ET

Michael Woodford

Michael Woodford is the name of:

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Sony, Fujifilm Top Rivals for Olympus Tie: Sources

Sony Corp and Fujifilm Holdings are leading contenders for an equity stake in Olympus Corp , sources familiar with the situation said, as the scandal-hit medical equipment maker moves to shore up its finances.

The field of possibilities has narrowed, with foreign firms and some domestic companies such as Panasonic Corp now seen as unlikely partners, the sources said, although a leadership vacuum at Olympus was slowing progress on a deal."It looks like the contenders will be domestic players," said a source close to one of Olympus's banks.Sony, which has relatively little experience in the healthcare sector, supplies image sensors to Olympus and is considered keen to tap into its lucrative business in diagnostic endoscopes, where it holds a 70 percent global market share."Sony has been been trying to integrate software, content and hardware to create an entertainment network. But Apple has a stranglehold on this market, so however hard it tries, it's going to be a runner-up at best," sai...

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  1. Olympus : would consider criminal complaints vs execs

    Olympus would if necessary consider making criminal complaints against former Chairman and President Tsuyoshi Kikukawa and two other senior executives who it believe...

  2. REFILE-UPDATE 4-Olympus says used Gyrus deal to hide investment losses

    (Refiles to correct spelling in paragraph 2)Scandal-hit Olympus revealed on Tuesday it had found that funds related to its purchase of British medical equipment make...

  3. Olympus says used Gyrus deal to hide investment losses

    Scandal-hit Olympus revealed on Tuesday it had found that funds related to its purchase of British medical equipment maker Gyrus as well as three domestic firms were...

  4. INTERVIEW-Ousted CEO Woodford calls on Olympus board to resign

    The board of Olympus should resign after the company revealed Tuesday that its acquisition of British medical equipment maker Gyrus in 2008 and three domestic firms ...

  5. Olympus says used Gyrus deal to cover investment losses

    Scandal-hit Olympus said on Tuesday it had found that funds related to its acquisition of British medical equipment maker Gyrus and of three domestic firms were used...

  6. RPT- Olympus says used M&A funds to cover investment losses

    Scandal-hit Olympus said on Tuesday it has discovered that funds related to its acquisition of British medical equipment maker Gyrus in 2008 and of three domestic fi...

  7. RPT- Olympus says used M&A funds to cover investment losses

    Olympus said on Tuesday it had discovered that funds related to its acquisition of British medical equipment maker Gyrus in 2008 and three domestic acquisitions were...

  8. Japan not safe for meeting with panel: ex-Olympus CEO

    By Sumio Ito and Reiji MuraiThe ex-CEO of Japan's Olympus Corp said on Wednesday he wanted to meet investigators appointed to probe a scandal engulfing the firm, but...

  9. Ex Olympus CEO wants to see inquiry panel but not in Japan

    By Sumio Ito and Reiji MuraiThe ex-CEO of Japan's Olympus Corp signaled his willingness on Wednesday to meet investigators appointed to probe a scandal engulfing the...

  10. Ousted Olympus CEO wants meeting with investigative panel

    Olympus Corp's ousted CEO Michael Woodford said on Wednesday he wants to meet a third-party panel probing past M&A deals at the endoscope maker after the head of the...

  11. Olympus risks lawsuits unless probe truly independent: TSE

    By Nathan Layne and Tim KellyOlympus Corp risks possible lawsuits unless a planned probe of acquisitions at the heart of a scandal engulfing the endoscope maker is t...

  12. Olympus chairman quits as Japan watchdog probes firm

    By Taiga UranakaOlympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm's market va...

  1. Olympus Keeps Tokyo Listing But Told to Improve

    Japan's Olympus Corp , struggling to emerge from a $1.7 billion accounting scandal, will be allowed to stay listed on the Tokyo Stock Exchange but will be placed on ...

  2. Ex-CEO Ditches Plan To Wrest Olympus Control: WSJ

    Olympus Corp .'s former chief executive officer Michael Woodford has given up on his efforts to wrest control of the company, according to a report Friday in The Wal...

  3. Report: Japan's Olympus Hid Up to $1.7B

    An investigative panel has found Japan's disgraced Olympus Corp hid up to $1.67 billion in losses from its investors, but is likely to say there is no evidence of in...

  4. Olympus Investor Baillie Gifford Calls For Reinstatement Former CEO Woodford

    TOKYO -( Dow Jones )- Baillie Gifford & Co., which owns more than 4% of shares in Olympus Corp . (7733.TO), called for the reinstatement of the company's former chie...

  5. Ex-CEO says Olympus money trail still hides secrets

    By Kirstin RidleyThe former chief executive of Japan's embattled Olympus said on Tuesday the company's partners should come under close scrutiny after the camera and...

  6. In abrupt turnaround, Olympus admits hid losses for decades

    Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back to the 1980s, succumbing to weeks of pressure to explain a series of baffling...

  7. Olympus admits acquisitions used to hide investment losses

    Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the ...

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