TOKYO — The new American president and CEO of Olympus on Friday vowed a speedy response to fresh safety issues raised by U.S. regulators, seeking to restore customer confidence and revive a share price that has fallen by nearly half from its 2022 peak.
Japanese medical device maker will prioritize safety as it cuts costs and invests in tech
Bob White, the new Olympus CEO, attributed the medical device maker’s 38% fall in April-June net profit to “challenging conditions,” including U.S. tariffs and regulatory alerts. (Nikkei montage/Source photos by Kosuke Imamura and Reuters)
