Criminal case
Public prosecutors v. Olympus Corporation and three former executives
- Authority
- Tokyo District Court
- Case number
- Not published
- Filed or opened
- Not stated in the sources read
- Organization
- Olympus Corporation
- Current stage
- First instance verdict on 3 July 2013 after guilty pleas. No appeal found in the sources read.
- Outcome
- Convictions with suspended sentences and a corporate fine.
Decisions and steps
Claims this case bears on
- Contradicted84Olympus said in October 2011 that the advisory fees questioned by its dismissed chief executive raised no problem and that the company had done nothing wrong.Company statement, 26 October 20116 records citedAccounting
- Supported74A third-party committee appointed by Olympus reported in December 2011 that former executives had concealed investment losses and that the management was rotten to the core.Press report, 6 December 20114 records citedAccounting
- Supported76Press reports in July 2013 said the Tokyo District Court convicted Olympus and three former executives over falsified financial statements and gave the executives suspended prison terms.Press report, 4 July 20133 records citedAccounting
Sources
- S6Tier C Ex-Olympus executives sentenced for fraudCNN Money. Press report. Not shown on the page. URL dated 3 July 2013.Reports the sentences, the fine and the presiding judge. No byline is shown. It does not give the date of the guilty pleas.
- S7Tier C Olympus trio escape jail but firm fined £4.6 MEEELIONThe Register. Press report. 4 July 2013.Report by Phil Muncaster on the guilty pleas, suspended terms and fine. It does not cover any appeal.Link working, checked 25 October 2026