Tag - sharp

 
 

SHARP

BUSINESS / Companies
Oct 26, 2015
Sharp slashes operating profit forecast on slumping demand in China
Sharp Corp. lowered its operating profit forecast on slumping demand for smartphone displays in China and said it will not forecast net income until the results of reforms are clearer.
BUSINESS / Companies
Oct 15, 2015
Japan Display to streamline China operations as smartphone panel demand slumps
Japan Display Inc. plans to streamline its operations in China to cut costs and remain competitive despite weakening demand for smartphone display panels amid a slowdown in the Chinese economy, sources said Wednesday.
BUSINESS / Companies
Oct 11, 2015
Public-private fund might lead Sharp rehab quest
A public-private fund might invest in struggling Sharp Corp. to lead the electronics maker's turnaround, sources close to the matter said.
Japan Times
BUSINESS / Tech
Oct 7, 2015
Sharp melds a robot and mobile phone to create the RoBoHoN
Sharp Corp. has introduced a new mobile phone combined with a humanoid robot.
BUSINESS / Companies
Sep 25, 2015
Sharp to log operating loss in first half of FY 2015
Struggling electronics maker Sharp Corp. expects a group operating loss in the first half of fiscal 2015 as weak smartphone sales in China took their toll, company sources said Friday, a downgrade of its May projection for a ¥10 billion operating profit.
BUSINESS / Companies
Sep 2, 2015
Sharp to sell headquarters, remain there as tenant
Sharp Corp. is in talks to sell one of its two head office buildings in Osaka's Abeno Ward to furniture retail chain operator Nitori Holdings Co., sources close to the matter said Wednesday.
BUSINESS / Companies
Aug 29, 2015
Sharp mulling spinoff of liquid crystal display business
Sharp Corp. considers selling its struggling liquid crystal display business, and Taiwan's Hon Hai Precision Industry Co. and rival Japan Display Inc. are viewed as potential buyers.
BUSINESS / Companies
Jul 31, 2015
Sharp logged group net loss in April-June for fifth straight year
Sharp Corp. said Friday it remained in the red in the April-June period for the fifth straight year with a net loss of ¥33.98 billion due to sluggish sales of liquid crystal displays for smartphones.
BUSINESS / Companies
Jul 30, 2015
Sharp's quarterly smartphone stumble seen paring annual outlook
Sharp Corp.'s expected first-quarter loss may deepen skepticism that demand for smartphone displays will fuel a recovery strong enough to meet its full-year profit target.
Japan Times
BUSINESS / Companies / FOCUS
Jul 7, 2015
Sharp's future relies on Apple after Japan banks extend lifeline
Sharp Corp. forked over some of its equity to banks last week after defaulting on debt to the lenders, winning a new lease on life that leaves it dependent on their goodwill and the support of Apple Inc., its biggest customer.
BUSINESS / Companies
Jun 23, 2015
Sharp CEO faces calls for resignation as shareholder anger mounts
Sharp Corp. Chief Executive Officer Kozo Takahashi was approved by shareholders on Tuesday after facing calls for his resignation at the struggling Japanese television and display maker's annual meeting.
BUSINESS / Companies
Jun 1, 2015
Sharp paid board members more last year despite huge losses
Despite incurring huge losses in its slumping liquid-crystal display and solar panel businesses, struggling electronics firm Sharp Corp. paid its board members more last fiscal year than the previous year, a document showed Monday.
Japan Times
BUSINESS / Companies / FOCUS
May 25, 2015
Giants Sharp, Toshiba face dire prospects
Several electronics makers have regained profitability largely thanks to restructuring measures and the weakening of the yen, but Sharp Corp. and Toshiba Corp. are unlikely to catch up with their domestic rivals soon.
BUSINESS / Companies
May 21, 2015
Innovation Network plans to reject Sharp's request for funding
Innovation Network Corp. of Japan plans to reject Sharp Corp.'s request for an investment because of concern it would face opposition from Apple Inc. and antitrust regulators, according to a person familiar with the matter.
BUSINESS / Companies
May 9, 2015
Sharp mulls substantial capital reduction to ease tax burden
Sharp Corp. might sharply reduce its capital from the current u00a5120 billion ($1 billion) to u00a5100 million or less to put itself into the “small and medium-size companies” tax bracket to ease its tax burden, sources say.
BUSINESS / Companies
Apr 23, 2015
Sharp's ¥200 billion bailout approved by Mizuho, BTMU
Sharp Corp. has effectively been given the green light to receive ¥200 billion ($1.7 billion) in financial support from its two main creditor banks on condition it engages in more drastic restructuring, sources close to the matter said Thursday.
BUSINESS / Companies
Apr 5, 2015
Sharp seeks ¥100 billion from state-backed entity to spin off LCD unit
Sharp Corp. plans to spin off its business for small and midsize liquid crystal displays by having a government-backed fund invest around ¥100 billion in the new subsidiary by the end of next March, sources close to the matter said Sunday.
Japan Times
BUSINESS / Companies
Mar 31, 2015
Sharp forecasts return to profit in solar business next year
Sharp Corp. said its energy solutions business will probably return to profit next fiscal year as it shifts to sales of solar panels and batteries to households in Japan.
Japan Times
BUSINESS / Companies
Mar 6, 2015
Sharp mulls ending overseas TV output except for China
Sharp Corp. is considering ceasing all overseas production of LCD televisions with the exception of operations in China as it tries to improve the picture for its flickering TV business, sources close to the matter said.
Japan Times
BUSINESS / Companies
Mar 3, 2015
Sharp facing ¥200 billion loss, may close plants
Sharp Corp. is expected to post a group net loss of about ¥200 billion this fiscal year and is considering additional restructuring, including the closure of four factories in Hiroshima Prefecture.

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