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Sharp’s Loss at Solar Unit Narrows After Incentives Introduced

Sharp Corp.’s loss at its solar unit narrowed amid a boom in panel installations in Japan following the introduction of an incentive program in July.

The company posted an operating loss of 4.4 billion yen ($43 million) for the year ended March 31, compared with 21.9 billion yen a year ago, the Osaka-based company said today.