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Olympus returns to black in FY 2012

TOKYO, Japan - Hiroyuki Sasa, president of Olympus Corp., holds a press conference in Tokyo on May 15, 2013, to release the company's earnings for fiscal 2012. Olympus said it returned to the black in the year ended March 31, 2013, with a group net profit of 8.02 billion yen, compared with a loss of 48.99 billion yen in the previous year, due partly to an improvement in its medical business.

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Sony-Olympus tie-up

TOKYO, Japan - Sony Corp. Kazuo Hirai (L) and Olympus Corp. President Hiroyuki Sasa hold a press conference in Tokyo on Oct. 1, 2012, on their new tie-up. Hirai said his company aims to achieve sales of more than 200 billion yen from the medical business through the new tie-up.

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Sony-Olympus tie-up

TOKYO, Japan - Sony Corp. Kazuo Hirai (L) and Olympus Corp. President Hiroyuki Sasa shake hands in a press conference in Tokyo on Oct. 1, 2012, on their new tie-up. Hirai said his company aims to achieve sales of more than 200 billion yen from the medical business through the new tie-up.

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Olympus shareholders' meeting

TOKYO, Japan - A man enters the venue of a shareholders' meeting of Olympus Corp. in Tokyo on June 28, 2012. Olympus President Hiroyuki Sasa pledged to shareholders to make utmost efforts to restore trust and improve its corporate value after the Japanese camera and medical equipment maker was hurt by an investment loss coverup scandal.

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Olympus to cut 2,700 jobs

TOKYO, Japan - Olympus Corp. President Hiroyuki Sasa speaks during a press conference in Tokyo on June 8, 2012. Olympus announced a five-year business plan to cut around 2,700 jobs by March 2014 and scrap about 40 percent of its 30 plants worldwide by March 2015 to improve its financial standing following the revelation of its investment loss coverup.

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Sasa to become next Olympus president

TOKYO, Japan - Hiroyuki Sasa, executive officer of Olympus Corp., holds a press conference in Tokyo on Feb. 27, 2012. The Japanese camera and medical equipment maker said the same day it has decided to appoint Sasa to succeed President Shuichi Takayama, who will step down to take responsibility for the company's loss coverup scandal.

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Sasa to become next Olympus president

TOKYO, Japan - Hiroyuki Sasa, executive officer of Olympus Corp., holds a press conference in Tokyo on Feb. 27, 2012. The Japanese camera and medical equipment maker said the same day it has decided to appoint Sasa to succeed President Shuichi Takayama, who will step down to take responsibility for the company's loss coverup scandal. (Kyodo)

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Olympus appoints new president

Hiroyuki Sasa (L), president of Japanese camera and medical device maker Olympus Corp., and Vice President Yasuo Takeuchi hold a press conference in Tokyo on Jan. 11, 2019, at which Takeuchi's promotion to president on April 1 was announced. (Kyodo) ==Kyodo

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Olympus appoints new president

Hiroyuki Sasa (L), president of Japanese camera and medical device maker Olympus Corp., shakes hands with Vice President Yasuo Takeuchi at a press conference in Tokyo on Jan. 11, 2019, at which Takeuchi's promotion to president on April 1 was announced. (Kyodo) ==Kyodo