InfoAnda - Japan's scandal-hit Olympus to launch new medical devices |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Michael Buble beats KISS on album chart | Entertainment | | 15 October 2009
Iraq denies airspace used by Iran to ship arms to Syria | | 20 September 2012
Aquino off to U.S. for Open Government Partnership launch | 19 September 2011

Muslim leader had troubling talks with suspect | 8 November 2009

Forum Views () Forum Replies ()

Read more with google mobile : Japan's scandal-hit Olympus to launch new medical devices |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Counterparties: Today's Best Links Johnson: JOBS Act a "collosal mistake of historic proportions" A bill intended to help startups could turn back decades of regulation and amounts to a "bipartisan route to disaster," former IMF chief economist Simon Johnson writes. Read more at Counterparties Why America is about to fall off a "fiscal cliff" Obama vs. Romney: Where it stands today Follow Reuters Facebook Twitter RSS YouTube Read Republican budget draws election contrast with Obama 12:12pm EDT Starbucks goes beyond coffee with first juice bar 19 Mar 2012 Chavez sees plot to kill Venezuela opposition rival 19 Mar 2012 Asma al-Assad: a "desert rose" crushed by Syria's strife 19 Mar 2012 France fears Jewish school gunman could strike again | 11:46am EDT Discussed 187 Dozens arrested at Occupy’s 6-month anniversary rally 154 Exclusive: U.S., Britain to agree emergency oil stocks release 119 Santorum to Puerto Rico: Speak English if you want statehood Watched Benghazi marks first anniversary of victory over Gaddafi forces Mon, Mar 19 2012 Storm leaves devastation in Australia Mon, Mar 19 2012 Romney calls Santorum an 'economic lightweight' Mon, Mar 19 2012 Japan's scandal-hit Olympus to launch new medical devices Tweet Share this Email Print Related News Japan prosecutors charge key figures in Olympus scandal Wed, Mar 7 2012 Japan watchdog files criminal complaint against Olympus Tue, Mar 6 2012 Olympus risks foreign backlash with new board line-up Mon, Feb 27 2012 UPDATE 5-Olympus risks foreign backlash with new board line-up Mon, Feb 27 2012 Foreign investors fear Japan banks may hijack Olympus board Tue, Feb 21 2012 Analysis & Opinion Corporate governance: boardrooms fret over corporate espionage and federal guidance regimes Japan quake anniversary shows lessons unlearned Related Topics Health » Tech » Japan » Olympus Corp's Executive Officer Hiroyuki Sasa (L), President Shuichi Takayama (2nd L), Independent Directors Hiroshi Kuruma (2nd R) and Yasuo Hayashida bow during a news conference in Tokyo February 27, 2012. Credit: Reuters/Toru Hanai TOKYO | Tue Mar 20, 2012 7:21am EDT TOKYO (Reuters) - Japan's Olympus Corp will unveil new endoscopes on Wednesday, its first major product launch since an accounting fraud erupted last year and threatened the 92-year-old firm's survival. The medical equipment maker has withstood one of Japan's worst corporate scandals partly because of its profitable endoscope business, which accounts for the bulk of its earnings. Olympus plans to unveil three new products on Wednesday, five months after the $1.7 billion fraud began to surface, including two video endoscopes for the digestive system. One of the endoscopes is aimed at emerging markets, the company said. Better known as a camera-maker, the firm long ago used its expertise in optical technology to become a leader in diagnostic endoscopes which are used to peer inside bodies and help diagnose intestinal and stomach cancers and other illnesses. Olympus controls about 70 percent of the global market for diagnostic endoscopes. Its major rival is fellow Japanese firm Fujifilm Holdings Corp with 10 percent. "I think this is major," said analyst Nanako Imazu of CLSA Asia Pacific Markets, noting it was unusual for the company to call a two-hour product briefing for media and analysts. "Every six to maybe seven years they launch new products for flexible endoscopes. At the management level they are still dysfunctional, but at the product level they may want to show that they are pretty strong," she added. The Olympus board has yet to be fully overhauled despite being discredited by an outside investigation, though all the directors are set to be replaced at an extraordinary meeting next month when shareholders vote on a new line-up. However, apart from a few top resignations during the course of the scandal, Olympus is being run by many of the same people who sacked the only executive who had internally challenged the firm's bookkeeping, CEO-turned-whistleblower Michael Woodford. Five of the eight existing internal directors are being sued by Olympus for dereliction of duty. Woodford meanwhile has failed in his campaign to be reinstated, thwarted by Japanese shareholders, and is suing the company for unfair dismissal. The Englishman is also courting public opinion, with plans to publish a book, ‘Terminated', in Japan before the April 20 meeting votes in a new board. Olympus also plans to unveil an energy-based surgical device on Wednesday. The firm declined to give details ahead of the announcement but these kind of devices can include instruments that both cut and cauterize tissue to stem bleeding. Most recently, Olympus released an ear, nose and throat endoscope last September, a month before the scandal broke. It had launched an ultrasonic gastrointestinal videoscope in December 2010 and a colon videoscope in August 2010. The firm's endoscope business has proven to be remarkably resilient because it is a world away from the fickle consumer electronics business, where loyalty counts for little, product cycles are short and hot new fads rule the marketplace. Endoscopy suites, by contrast, are major investments for customers such as hospitals and specialist clinics whose major concern during the scandal, according to anecdotal evidence, has been continued supply and after-sales service. CLSA's Imazu said even hospitals turned off by the scandal would have little choice but to continue with Olympus for now. "Flexible endoscopes is a five-year product cycle so ... they have to use it because they have the infrastructure of their devices installed in their hospitals," she said. "They have no choice to change supplier right now, that's the reason why their business is pretty strong for flexible endoscopes." (Reporting by Tim Kelly and Yoko Kubota in TOKYO; Writing by Mark Bendeich; Editing by Dean Yates) Health Tech Japan Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Tuesday, 20 March 2012
Greece's Venizelos quits as finance minister to lead party to polls |
Egypt parliament votes to pay uprising victims |
Settlers grab Palestinian water springs: U.N. report |
U.N. nuclear watchdog says it received North Korea invitation |
Avalanche kills five skiers in Norway |
U.S. sets duties on steel wheels from China |
Adobe revenue slows ahead of upgrades, shares fall |
Disney projects $200 million 'John Carter' loss |
Director Kevin Smith dishes advice in new memoir |
Irish love story 'Once' explodes onto Broadway |
Clashes hit Syrian capital; West wants united front |
Gunman attacks Jewish school in France, four killed |
Afghan shooting suspect doesn't remember incident: lawyer |
Pakistan parliament committee demands end to U.S. drone strikes |
Explosions across Iraq kill at least 29 |
Monti's moment of truth, facing trade unions |
Of diapers and drugs, Iran's trouble paying bills |
Rape, torture plague Myanmar's Kachin conflict: rights group |
China, North Korea hold 2nd meeting on planned rocket launch: state media |
Chavez sees plot to kill Venezuela opposition rival |
Apple widens its lead in survey of app developers |
Apple rewards investors with dividend, share buyback |
Facebook underwriters to get 1.1 percent fee: source |
Disney projects $200 million John Carter loss |
Mistrial declared in Desperate Housewives trial |
Irish love story Once explodes onto Broadway |
Hollywood's big appetite for Hunger Games |
Oprah Winfrey's OWN network lays off 30 in restructuring |
Iran will attack to defend itself: Khamenei |
Bahrain says significant progress made on reforms |
Israel to phase out civilian atomic reactor by 2018 |
Protests loom as Hong Kong braces for new leader |
Thousands attend funeral of Egypt's Pope |
Kuwait says Iran has assured it will not shut Hormuz |
Syrian cartoonist paid price for getting personal |
Windows Phone surpasses Symbian in Britain: survey |
French data watchdog questions Google on privacy |
Cisco to secure employees' personal devices |
Apple iPad investigated for reports of excess heat |
Japan's scandal-hit Olympus to launch new medical devices |
George Michael fighting fit, to re-start tour |
German director wins prestigious Ibsen theatre prize |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01