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Olympus reports 9-month net loss of USD426m

Scandal-hit Olympus on Monday reported a net loss of JPY33.08 billion (USD426 million) for the nine months to December amid a massive accounting cover-up that has tarnished the image of corporate Japan. For the full-year to March, the camera maker also said it expects a net loss of JPY32b, owing to one-off costs unrelated to the loss scandal.