Olympus (JP:7733) has released an update.
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Olympus Corporation has resolved a prolonged legal dispute involving its subsidiary in China, Olympus (Shenzhen) Industrial Ltd., and Shenzhen Anpingtai Investment and Development Co., Ltd. The High People’s Court of Guangdong Province issued a civil mediation ruling, ensuring that no further claims will be made by either party. This closure marks an end to the financial uncertainties surrounding the lawsuit, providing clarity for Olympus’ future financial outlook.
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