Olympus earnings expected Feb. 13

Kyodo

Scandal-hit Olympus Corp. said Friday it will announce its group earnings results for the April-December period on Feb. 13, with President Shuichi Takayama giving a news conference in Tokyo.

Many analysts expect Olympus to report lackluster earnings for the nine-month period after posting a group net loss of ¥32.33 billion for the April-September half due mainly to its sluggish digital camera business.

The camera and medical equipment maker, battered by the revelation of a coverup of massive investment losses, avoided being delisted from the Tokyo Stock Exchange last week.