Olympus postpones the yearly fiscal report to May 29
With the release of the yearly fiscal report Olympus originally planed to give us a clear roadmap for their imaging business. We will have to wait a bit longer to get it:
Press text:
Notice Concerning announcements of the fiscal year ended March 2020
In light of the spread of the new coronavirus(COVID-19) in countries around the world, Olympus Corporation (hereinafter the “Company”) and its subsidiaries are requesting the domestic and overseas employees to work from home, etc. with the purpose of preventing infections from the spread of the new coronavirus. Under these circumstances, the Company is making every effort to continue providing products and services to medical professionals and other stakeholders. However, the Company has judged that it is difficult to proceed with the scheduled accounting procedures implemented by the Company and its domestic and overseas affiliates as scheduled. The Company will postpone the announcement of the fiscal year ended March 2020, which was scheduled for early May, to May 29th. The date of the 152nd general meeting of shareholders is scheduled for late June 2020. The Company will announce this specific schedule as soon as it is decided. The Company sincerely apologizes for the inconvenience and concern caused to our shareholders, investors, and other stakeholders, and asks you for your understanding.