奥林巴斯隐瞒损失导致股价下跌
文章来源:未知 文章作者:enread 发布时间:2011-11-08 06:49 字体: [ ]  进入论坛
(单词翻译:双击或拖选)

Shares in Olympus fell as much as 30% on Tuesday after the company admitted to hiding losses on securities investments for decades.

奥林巴斯承认数十年来都在隐瞒有价证券投资的损失,导致周二其股价下跌30%。

The company said it had used funds related to past acquisitions(兼并) to cover these losses.

This is the biggest disclosure Olympus has made since former chief executive, Michael Woodford, claimed that he was fired for raising questions about them.

Olympus executive VP, Hisashi Mori, has been dismissed as a result.

Olympus president, Shuichi Takayama, is blaming former president Tsuyoshi Kikukawa, former vice1 president Hisashi Mori and the company's auditor2 Hideo Yamada for the transactions.

"I was absolutely unaware3 of the facts I am now explaining to you," Mr Takayama said. "The previous presentations were mistaken."

He added that the company would consider criminal charges if necessary.

Untenable position?

The controversy4 surrounds the payments made by Olympus to financial advisors5 as part of its acquisition of companies including British firm Gyrus.

The payments came to light when Mr Woodford claimed that he had been forced out of the company for raising questions about these and other accounting6 practices last month.

For its part, Olympus maintained that it had done nothing wrong and launched a third-party investigation7 into the matter.

"Through this process (of the third-party investigation), we found that from the 1990s the posting of losses on securities investments had been deferred," the company said in a statement.

The company also admitted that it had channelled money related to the acquisitions through various funds and other measures to defer8 posting losses.

After the company released the statement, Mr Woodford was quoted by the Reuters news agency as saying that "the position of the board and non execs(执行) is untenable now".

Keiji Isaji, an attorney with K&L Gates law firm in Tokyo added "the members of the board appear to have breached9 their fiduciary10(信托的) duty owed to the company and to the shareholders11".



点击收听单词发音收听单词发音  

1 vice NU0zQ     
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的
参考例句:
  • He guarded himself against vice.他避免染上坏习惯。
  • They are sunk in the depth of vice.他们堕入了罪恶的深渊。
2 auditor My5ziV     
n.审计员,旁听着
参考例句:
  • The auditor was required to produce his working papers.那个审计员被要求提供其工作底稿。
  • The auditor examines the accounts of all county officers and departments.审计员查对所有县官员及各部门的帐目。
3 unaware Pl6w0     
a.不知道的,未意识到的
参考例句:
  • They were unaware that war was near. 他们不知道战争即将爆发。
  • I was unaware of the man's presence. 我没有察觉到那人在场。
4 controversy 6Z9y0     
n.争论,辩论,争吵
参考例句:
  • That is a fact beyond controversy.那是一个无可争论的事实。
  • We ran the risk of becoming the butt of every controversy.我们要冒使自己在所有的纷争中都成为众矢之的的风险。
5 advisors 9c02a9c1778f1533c47ade215559070d     
n.顾问,劝告者( advisor的名词复数 );(指导大学新生学科问题等的)指导教授
参考例句:
  • The governors felt that they were being strung along by their advisors. 地方长官感到他们一直在受顾问们的愚弄。 来自《现代汉英综合大词典》
  • We will consult together with advisors about her education. 我们将一起和专家商议她的教育事宜。 来自互联网
6 accounting nzSzsY     
n.会计,会计学,借贷对照表
参考例句:
  • A job fell vacant in the accounting department.财会部出现了一个空缺。
  • There's an accounting error in this entry.这笔账目里有差错。
7 investigation MRKzq     
n.调查,调查研究
参考例句:
  • In an investigation,a new fact became known, which told against him.在调查中新发现了一件对他不利的事实。
  • He drew the conclusion by building on his own investigation.他根据自己的调查研究作出结论。
8 defer KnYzZ     
vt.推迟,拖延;vi.(to)遵从,听从,服从
参考例句:
  • We wish to defer our decision until next week.我们希望推迟到下星期再作出决定。
  • We will defer to whatever the committee decides.我们遵从委员会作出的任何决定。
9 breached e3498bf16767cf8f9f8dc58f7275a5a5     
攻破( breach的现在分词 ); 破坏,违反
参考例句:
  • These commitments have already been breached. 这些承诺已遭背弃。
  • Our tanks have breached the enemy defences. 我方坦克车突破了敌人的防线。
10 fiduciary AkFxB     
adj.受托的,信托的
参考例句:
  • A company director owes a fiduciary duty to the company.公司董事应对公司负责受托人责任。
  • He was acting in a fiduciary capacity.他以受托人身份行为。
11 shareholders 7d3b0484233cf39bc3f4e3ebf97e69fe     
n.股东( shareholder的名词复数 )
参考例句:
  • The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
  • the company's fiduciary duty to its shareholders 公司对股东负有的受托责任
TAG标签: company shares Olympus
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