Sharp’s Malaise Risks Bad-Loan Surge at Megabanks: Japan Credit

Sharp’s Malaise Risks Bad-Loan Surge at Megabanks: Japan Credit

Tomohiro Ohsumi/Bloomberg

Sharp Corp. secured 360 billion yen of funding from units of Mizuho and Mitsubishi UFJ Financial Group Inc. last month after the television manufacturer pledged to cut more than 10,000 jobs and sell plants.