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May 03, 2015 11:33 AM ET

Household Durables

Company Overview of Sharp Corporation

Company Overview

Sharp Corporation manufactures and sells consumer/information products and electronic components in Japan and internationally. The company’s digital information equipment comprise audio-visual and communication equipment, including LCD color televisions, color televisions, projectors, Blu-ray disc recorders and players, mobile phones, tablet terminals, electronic dictionaries, calculators, facsimiles, telephones, etc. Its health and environment equipment include refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, air fans, dehumidifiers, humidifiers, plasmacluster ion generators, electric heate...

22-22 Nagaike-cho


Osaka,  545-8522


Founded in 1912

50,253 Employees


81 6 6621 1221

Key Executives for Sharp Corporation

Sharp Corporation does not have any Key Executives recorded.

Sharp Corporation Key Developments

Sharp Corp. Provides Earnings Guidance for the Year Ended March 31, 2015

Sharp Corp. provided earnings guidance for the year ended March 31, 2015. The company expecting a group net loss of around JPY 200 billion ($1.68 billion) for the past year to March 31, 2014.

Sharp Reportedly Seeks Investment From Innovation Network

A person familiar with the matter said Sharp Corporation (TSE:6753) plans to ask a government-backed fund for help in spinning off part of its liquid-crystal display business. Sharp is seeking investment from Innovation Network Corporation of Japan (INCJ) to form a subsidiary making LCD panels used in smart phones and tablet computers, the person said, asking not to be named as the proposal hasn’t been made public. Spinning off part of Sharp’s LCD panel business will make it easier to track performance and make faster decisions, the person familiar with the matter said. Sharp will ask INCJ to invest ¥100 billion in an LCD spinoff, the Nikkei newspaper reported on April 5, 2015, citing people it didn’t identify. Sharp is considering various options for its LCD business and hasn’t yet made any decisions, said Yoshifumi Seki, spokesman for Sharp. Sharp Corporation's shares gained 6.1% on the news.

Sharp Corp. to Cut over 10% of Workforce in Japan Through Early Retirement

Sharp Corp. has decided to cut around 3,000 of its 24,000 employees in Japan by March 2016 as part of its restructuring measures. The planned job cut is expected to cost the embattled electronics maker some CNY 30 billion ($25 million) in additional restructuring charges. The size of the planned staff cut matches that in the company's early retirement program in 2012 when over 2,900 employees were let go, resulting in about CNY 25 billion of retirement related expenses.

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