• Kyodo


Olympus Corp. will brief its creditor banks and other financial institutions Wednesday about the maker’s coverup of past securities investment losses, according to the banks.

The banks, which include Mizuho Financial Group Inc., Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc., said Monday they plan to study what steps to take in the future based on the briefing as well as the outcome of the probe by a third-party panel set up by the company.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.