The former chairman of camera manufacturer Olympus has been given a suspended sentence along with two other executives for their role in the accounting scandal at the company which saw them hide more than Y100bn (£655,707).

The losses at the company, hidden from investors and regulators for more than 10 years, were the result of speculative investments made by the company at which Tsuyoshi Kikukawa was president. He was aided by other managers Hisashi Mori and Hideo Yamada, who also admitted lying to regulators and shareholders.

During his trial - the result of revelations by Briton Michael Woodford who became the company's president in 2011 - a disgraced Kikukawa argued that he engaged in the scheme in order to protect Olympus.

The scandal, considered one of Japan's largest accounting scandals, saw Olympus' share price plunge by 80%.

Kikukawa and Yamada each received a three-year sentence, suspended for five years while Mori has been given a two and a half year sentence, suspended for four years.