The cited record supports the material proposition.
The US Justice Department said in March 2016 that Olympus Corp. of the Americas would pay US$623.2 million to resolve kickback charges and claims, and that its Latin America unit would pay US$22.8 million over foreign bribery.
- About
- Olympus Corporation
- Claim made by
- US Department of Justice, regulator statement
- Published
- 1 March 2016
- Evidence score
- 82 How it was scored
- Last reviewed
- 25 October 2026
Why this label
The department's release states that the US distributor was charged by complaint in Newark with conspiracy to violate the Anti-Kickback Statute and entered a three-year deferred prosecution agreementS8. It paid a US$312.4 million criminal penalty and US$310.8 million to settle False Claims Act claimsS8. The Miami-based Latin America unit was charged under the FCPA, entered its own three-year agreement and paid US$22.8 millionS8. The release says that unit admitted bribing publicly employed health care providersS8. A deferred prosecution agreement is not a conviction. The agreements bind the US subsidiaries, not the Tokyo parent. This review did not read later filings on how the agreements ended.
Current procedural position
Two three-year deferred prosecution agreements announced on 1 March 2016 in the District of New Jersey, with a civil False Claims Act settlementS8. No conviction. Later disposition not reviewed.
Record supporting the assessment
$623.2 million to resolve criminal charges and civil claims
Olympus Latin America admitted to bribing publicly employed health care providers.
three-year deferred prosecution agreement (DPA)
Conflicting or limiting record
No record located that conflicts with this assessment.
Evidence score: 82 of 100
The score grades how well the record establishes this assessment. It is not a score of Olympus Corporation. Score = source authority + directness + corroboration + procedural accuracy + currency + reproducibility.
| Component | Points | Max | Reason |
|---|---|---|---|
| Source authorityIs the source competent to establish the proposition? | 29 | 30 | A Justice Department release is a competent record of the charges and terms. |
| DirectnessDoes the source state the proposition or only discuss adjacent facts? | 19 | 20 | The release states the amounts and the agreements directly. |
| CorroborationDo independent records support the same material point? | 8 | 15 | Only the department's release was read. |
| Procedural accuracyDoes the record settle the procedural state the claim describes? | 11 | 15 | The agreements are settled terms, but not convictions. |
| CurrencyHas the record been checked against later developments? | 6 | 10 | The end of the three-year terms was not checked in court filings. |
| ReproducibilityCan a reader locate the passage and repeat the assessment? | 9 | 10 | The release is public in the justice.gov archive. |
| Total | 82 | 100 |
Timeline
- DOJ announces the agreements and payments of about US$646 millionS8
Related cases
- United States v. Olympus Corp. of the Americas, and United States v. Olympus Latin America Inc.US District Court for the District of New Jersey. Criminal. Not published.Stage: Three-year deferred prosecution agreements announced on 1 March 2016. Later disposition not reviewed.
- Agreements announced with penalties and a civil settlement totalling about US$646 millionS8
Revision history
- Assessment first published with label Supported.
Have a record that changes this assessment? See corrections and responses.
Sources
- S8Tier A Medical Equipment Company Will Pay $646 Million for Making Illegal Payments to Doctors and Hospitals in United States and Latin AmericaUS Department of Justice. Regulator press release. 1 March 2016.Supports the charges, the deferred prosecution agreements and the amounts for the two US subsidiaries. It does not cover the Tokyo parent or later disposition.Link working, checked 25 October 2026
Other claims about Olympus Corporation
- 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