TOKYO | Thu Dec 15, 2011 2:16am EST
The 92-year-old company on Wednesday restated its accounts for the past five years and made a delayed release of its earnings for the half-year to September, showing a marked deterioration in its net asset position.
Olympus' shares tumbled 20 percent on Thursday after the release of the financial reports.
Woodford is visiting Japan this week to drum up support for his reinstatement at the firm two months after he was dismissed and subsequently blew the whistle on questionable acquisitions at the centre of the company's accounting scandal.
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