Olympus may try to tough out scandal without help

TOKYO (Reuters) – Japan’s Olympus Corp may be able to recover from a huge accounting scandal without having to bring in new investors, even as it looks to beef up its capital by around $3 billion over the longer term, its likely new president said on Tuesday. The maker of medical equipment and cameras has been badly weakened by the $1.7 billion fraud, one of Japan’s worst corporate scandals, which has put the company under pressure to raise fresh equity to put its finances on a more stable footing. …