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Ex-Olympus CEO Woodford at press conference

LONDON, Britain - Michael Woodford, former president and chief executive officer of Olympus Corp., gives a press conference in London on Feb. 16, 2012, following the arrest of former Olympus Chairman and President Tsuyoshi Kikukawa, two other former executives and a former securities company employee on suspicion of falsifying the company's financial reports in its massive investment loss coverup.

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Olympus head office in Tokyo

TOKYO, Japan - Photo taken in November 2011 shows the building housing the headquarters of Olympus Corp., a Japanese camera and medical equipment maker, in Tokyo's Shinjuku Ward. Prosecutors on Feb. 16, 2012, arrested former Olympus Chairman and President Tsuyoshi Kikukawa, two other former executives and a former securities company employee on suspicion of falsifying the company's financial reports in an investment loss coverup.

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Ex-Olympus chief Kikukawa

TOKYO, Japan - Undated file photo shows former Olympus Corp. Chairman and President Tsuyoshi Kikukawa. Olympus has filed a damages suit against Kikukawa and current and former executives over the concealment of massive investment losses, sources familiar with the matter said Jan. 9, 2012.

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Olympus raided

TOKYO, Japan - Prosecutors head to the apartment of former Olympus Corp. Chairman and President Tsuyoshi Kikukawa in Kawasaki, Kanagawa Prefecture, for a search on Dec. 21, 2011. Investigators searched offices and locations related to Olympus the same day on suspicion of falsification of financial reports in connection with the coverup of the company's massive investment losses.

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Olympus president Takayama at press conference

TOKYO, Japan - Olympus Corp. President Shuichi Takayama is seen during a press conference in Tokyo on Nov. 8, 2011. Takayama apologized for his company's failure to book past investment losses and said it is considering filing a criminal complaint against former President Tsuyoshi Kikukawa and other officials in connection with the issue.

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Olympus president Takayama at press conference

TOKYO, Japan - Olympus Corp. President Shuichi Takayama gives a press conference in Tokyo on Nov. 8, 2011. Takayama apologized for his company's failure to book its past losses and said it is considering filing a criminal complaint against former president Tsuyoshi Kikukawa and other officials in connection with the issue.

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Olympus president Takayama at press conference

TOKYO, Japan - Olympus Corp. President Shuichi Takayama gives a press conference in Tokyo on Nov. 8, 2011. Takayama apologized for his company's failure to book its past losses and said it is considering filing a criminal complaint against former president Tsuyoshi Kikukawa and other officials in connection with the issue.

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New Olympus President speaks on past acquisition deals

TOKYO, Japan - New Olympus Corp. President Shuichi Takayama speaks at a news conference in Tokyo on Oct. 27, 2011, a day after replacing Tsuyoshi Kikukawa as president of the camera and medical equipment maker. During the press conference, Takayama defended the company's past handling of acquisitions as legal and justifiable.

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New Olympus President speaks on past acquisition deals

TOKYO, Japan - New Olympus Corp. President Shuichi Takayama speaks at a news conference in Tokyo on Oct. 27, 2011, a day after replacing Tsuyoshi Kikukawa as president of the camera and medical equipment maker. During the press conference, Takayama defended the company's past handling of acquisitions as legal and justifiable.

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New Olympus President Takayama

TOKYO, Japan - New Olympus Corp. President Shuichi Takayama gives a news conference at a Tokyo hotel on Oct. 26, 2011, as he replaced Tsuyoshi Kikukawa after the company suffered a plunge in its stock price following the dismissal of its British chief executive, who has since alleged the company made dubious payments over corporate acquisitions.

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Olympus dismisses Woodford as president

TOKYO, Japan - Tsuyoshi Kikukawa, chairman and president of Olympus Corp., attends a press conference at the Tokyo Stock Exchange in Tokyo on Oct. 14, 2011. He said the company dismissed Michael Woodford as president over management discord and appointed himself, who had been chairman, to double as president, effective the same day.

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New Olympus president

TOKYO, Japan - Michael Woodford, the British president of Olympus Europa Holdings GmbH (R), shakes hands with Tsuyoshi Kikukawa, president of Olympus Corp., during a press conference in Tokyo on Feb. 10, 2011. The Japanese precision instruments maker said Woodford will succeed Kikukawa on April 1.

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Actress Kikukawa in event

TOKYO, Japan - Actress Rei Kikukawa (R) receives a letter from Japanese Bankers Association Chairman Masayuki Oku appointing her to a one-day post to prevent fraud via remittance to bank accounts at an event in Tokyo on July 6, 2010.

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(9)Runners relay Olympic torch in Tokyo

TOKYO, Japan - Pop singer Yukio Hashi (L) relays the Olympic flame to actress Rei Kikukawa in Tokyo's Ginza during the torch relay through the Japanese capital on June 6. A total of 136 runners took part in the 53-kilometer relay through the Japanese capital. (Pool photo)

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KDDI to begin service enabling users to send moving images

TOKYO, Japan - Actress Rei Kikukawa (R) and Yukie Nakama hold up new types of KDDI Corp.'s third generation mobile phone at a press conference in Tokyo on Aug. 26 with which subscribers will be able to send moving images by e-mail. KDDI will launch the new service on Sept. 20

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Olympus promises cooperation in infection case

TOKYO, Japan - Tsuyoshi Kikukawa (R), president of Olympus Optical Co., says at a news conference March 6 in Tokyo that the company will fully cooperate with investigations into whether its bronchoscope caused infections at the Johns Hopkins Hospital in Baltimore. The company believes the likelihood of the product being the cause is not high.

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4 arrive in Hakodate after being rescued by Russia

HAKODATE, Japan - Three Japanese and an American, who crashed aboard a private U.S. plane in the Okhotsk Sea on July 9 and were rescued by a Russian freighter, give a news conference on arrival in Hakodate on July 11. (From L to R) Haruko Kikukawa, Katsuyoshi Ida, Arinori Yamagata and Mike Smith who was flying the plane.

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Olympus promises cooperation in infection case

TOKYO, Japan - Tsuyoshi Kikukawa (R), president of Olympus Optical Co., says at a news conference March 6 in Tokyo that the company will fully cooperate with investigations into whether its bronchoscope caused infections at the Johns Hopkins Hospital in Baltimore. The company believes the likelihood of the product being the cause is not high.

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KDDI to begin service enabling users to send moving images

TOKYO, Japan - Actress Rei Kikukawa (R) and Yukie Nakama hold up new types of KDDI Corp.'s third generation mobile phone at a press conference in Tokyo on Aug. 26 with which subscribers will be able to send moving images by e-mail. KDDI will launch the new service on Sept. 20 (Kyodo)

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Actress Kikukawa in event

TOKYO, Japan - Actress Rei Kikukawa (R) receives a letter from Japanese Bankers Association Chairman Masayuki Oku appointing her to a one-day post to prevent fraud via remittance to bank accounts at an event in Tokyo on July 6, 2010. (Kyodo)

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Olympus dismisses Woodford as president

TOKYO, Japan - Tsuyoshi Kikukawa, chairman and president of Olympus Corp., attends a press conference at the Tokyo Stock Exchange in Tokyo on Oct. 14, 2011. He said the company dismissed Michael Woodford as president over management discord and appointed himself, who had been chairman, to double as president, effective the same day. (Kyodo)

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New Olympus president

TOKYO, Japan - File photo shows Michael Woodford, British president of Olympus Europa Holdings GmbH. The Japanese precision instruments maker said Feb. 10, 2011, that Woodford will become its president on April 1, succeeding Tsuyoshi Kikukawa. (Kyodo)

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Ex-Olympus CEO Woodford at press conference

LONDON, Britain - Michael Woodford, former president and chief executive officer of Olympus Corp., gives a press conference in London on Feb. 16, 2012, following the arrest of former Olympus Chairman and President Tsuyoshi Kikukawa, two other former executives and a former securities company employee on suspicion of falsifying the company's financial reports in its massive investment loss coverup. (Kyodo)

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Olympus head office in Tokyo

TOKYO, Japan - Photo taken in November 2011 shows the building housing the headquarters of Olympus Corp., a Japanese camera and medical equipment maker, in Tokyo's Shinjuku Ward. Prosecutors on Feb. 16, 2012, arrested former Olympus Chairman and President Tsuyoshi Kikukawa, two other former executives and a former securities company employee on suspicion of falsifying the company's financial reports in an investment loss coverup. (Kyodo)

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7 arrested over Olympus loss coverup

TOKYO, Japan - Combined file photo shows former Olympus Corp. Chairman and President Tsuyoshi Kikukawa (L) and former Executive Vice President Hisashi Mori. Prosecutors arrested Kikukawa and Mori on Feb. 16, 2012, as well as the medical equipment maker's former auditor Hideo Yamada and a former securities company employee, on suspicion of falsifying the company's financial reports in its massive investment loss coverup. The Tokyo police also arrested three other former employees of a major securities company who are alleged to have advised those in the Olympus management on the coverup. (Kyodo)

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7 arrested over Olympus loss coverup

TOKYO, Japan - Undated file photo shows Olympus Corp.'s former auditor Hideo Yamada. Prosecutors arrested Yamada, and the medical equipment maker's former Chairman and President Tsuyoshi Kikukawa and former Executive Vice President Hisashi Mori on Feb. 16, 2012, as well as a former securities company employee, on suspicion of falsifying the company's financial reports in its massive investment loss coverup. The Tokyo police also arrested three other former employees of a major securities company who are alleged to have advised those in the Olympus management on the coverup. (Kyodo)

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New Olympus president

TOKYO, Japan - Michael Woodford, the British president of Olympus Europa Holdings GmbH (R), shakes hands with Tsuyoshi Kikukawa, president of Olympus Corp., during a press conference in Tokyo on Feb. 10, 2011. The Japanese precision instruments maker said Woodford will succeed Kikukawa on April 1. (Kyodo)

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Ex-Olympus chief Kikukawa

TOKYO, Japan - Undated file photo shows former Olympus Corp. Chairman and President Tsuyoshi Kikukawa. Olympus has filed a damages suit against Kikukawa and current and former executives over the concealment of massive investment losses, sources familiar with the matter said Jan. 9, 2012. (Kyodo)

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Olympus raided

TOKYO, Japan - Prosecutors head to the apartment of former Olympus Corp. Chairman and President Tsuyoshi Kikukawa in Kawasaki, Kanagawa Prefecture, for a search on Dec. 21, 2011. Investigators searched offices and locations related to Olympus the same day on suspicion of falsification of financial reports in connection with the coverup of the company's massive investment losses. (Kyodo)

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Olympus president Takayama at press conference

TOKYO, Japan - Olympus Corp. President Shuichi Takayama is seen during a press conference in Tokyo on Nov. 8, 2011. Takayama apologized for his company's failure to book past investment losses and said it is considering filing a criminal complaint against former President Tsuyoshi Kikukawa and other officials in connection with the issue. (Kyodo)

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Olympus president Takayama at press conference

TOKYO, Japan - Olympus Corp. President Shuichi Takayama gives a press conference in Tokyo on Nov. 8, 2011. Takayama apologized for his company's failure to book its past losses and said it is considering filing a criminal complaint against former president Tsuyoshi Kikukawa and other officials in connection with the issue. (Kyodo)

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Olympus president Takayama at press conference

TOKYO, Japan - Olympus Corp. President Shuichi Takayama gives a press conference in Tokyo on Nov. 8, 2011. Takayama apologized for his company's failure to book its past losses and said it is considering filing a criminal complaint against former president Tsuyoshi Kikukawa and other officials in connection with the issue. (Kyodo)

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New Olympus President speaks on past acquisition deals

TOKYO, Japan - New Olympus Corp. President Shuichi Takayama speaks at a news conference in Tokyo on Oct. 27, 2011, a day after replacing Tsuyoshi Kikukawa as president of the camera and medical equipment maker. During the press conference, Takayama defended the company's past handling of acquisitions as legal and justifiable. (Kyodo)

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New Olympus President speaks on past acquisition deals

TOKYO, Japan - New Olympus Corp. President Shuichi Takayama speaks at a news conference in Tokyo on Oct. 27, 2011, a day after replacing Tsuyoshi Kikukawa as president of the camera and medical equipment maker. During the press conference, Takayama defended the company's past handling of acquisitions as legal and justifiable. (Kyodo)

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New Olympus President Takayama

TOKYO, Japan - New Olympus Corp. President Shuichi Takayama gives a news conference at a Tokyo hotel on Oct. 26, 2011, as he replaced Tsuyoshi Kikukawa after the company suffered a plunge in its stock price following the dismissal of its British chief executive, who has since alleged the company made dubious payments over corporate acquisitions. (Kyodo)

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(9)Runners relay Olympic torch in Tokyo

TOKYO, Japan - Pop singer Yukio Hashi (L) relays the Olympic flame to actress Rei Kikukawa in Tokyo's Ginza during the torch relay through the Japanese capital on June 6. A total of 136 runners took part in the 53-kilometer relay through the Japanese capital. (Pool photo) (Kyodo)