Olympus Loss Concealment Issue Tokyo Metropolitan Police Department to Conduct Full-Scale Investigation

November 11, 2011, Tokyo, Japan - Against the backdrop of Olympus' billboard, pedestrians scurry by in the cold mid-autumn rain in Tokyo As is the weather, bleak is the company's future. The admission of the world's biggest maker of endoscopes that it has hidden securities losses may lead to its delisting by the Tokyo Stock The admission of the world's largest manufacturer of endoscopes that it has hidden securities losses may lead to its delisting by the Tokyo Stock exchange as Japanese police have reportedly launched a full investigation into the company's concealment dating back to the 1980s. Olympus said it's likely to miss the November 14 deadline for releasing its first-half earnings, prompting the TSE to place the Tokyo-based Olympus shares have lost around 80 per cent of their value since the scandal broke on October 14 When the company ousted British CEO Michael Woodford, who alleged overpayments in the acquisition deals. (Photo by YUTAKA/AFLO) [1040] -mis-