Breakdown | |||||
TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
2.22T | 2.32T | 2.55T | 2.50T | 2.43T | 2.27T | Gross Profit |
386.53B | 401.22B | 330.83B | 431.72B | 421.32B | 409.80B | EBIT |
3.64B | -20.34B | -25.72B | 84.72B | 83.11B | 52.77B | EBITDA |
-78.88B | -65.57B | -143.38B | 168.71B | 145.57B | 111.22B | Net Income Common Stockholders |
-155.59B | -149.98B | -260.84B | 73.99B | 53.26B | 20.96B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
245.76B | 227.13B | 262.06B | 287.36B | 341.92B | 225.05B | Total Assets |
1.57T | 1.59T | 1.77T | 1.96T | 1.93T | 1.83T | Total Debt |
553.43B | 589.86B | 725.59B | 626.57B | 724.92B | 776.47B | Net Debt |
307.67B | 362.73B | 463.53B | 339.21B | 383.00B | 551.42B | Total Liabilities |
1.41T | 1.43T | 1.55T | 1.49T | 1.56T | 1.54T | Stockholders Equity |
146.79B | 143.18B | 208.74B | 454.57B | 350.65B | 275.60B |
Cash Flow | Free Cash Flow | ||||
30.61B | 71.92B | -42.27B | 12.08B | 153.26B | -25.65B | Operating Cash Flow |
64.76B | 124.50B | 14.75B | 75.16B | 204.64B | 68.09B | Investing Cash Flow |
18.68B | 10.88B | -40.97B | -31.45B | -14.11B | -127.88B | Financing Cash Flow |
-76.83B | -149.67B | -18.48B | -124.29B | -76.72B | 4.56B |
Sharp Corporation announced an absorption-type merger with its wholly-owned subsidiary, AIoT Cloud Inc., effective July 1, 2025. This strategic move aims to enhance Sharp’s revenue growth in cloud services and data utilization by leveraging AIoT Cloud’s development talent and customer base. The merger will also help expand Sharp’s Smart Workplace Business Group. AIoT Cloud, currently in a state of negative net worth, will be dissolved, and Sharp plans to waive claims against it to resolve financial issues, facilitating a smooth merger process.
Sharp Corporation announced the transfer of shares of its subsidiary, Sharp Fukuyama Laser Co., Ltd., to Hon Yuan International Investment Co., Ltd., a subsidiary of Hon Hai Precision Industry Co., Ltd. This transaction aligns with Sharp’s strategy to focus on its brand business by divesting certain laser and semiconductor operations. The move is expected to benefit both Sharp and SFL, with SFL shifting towards higher value-added products under the Hon Hai group.
Sharp Corporation has announced the sale of its fixed assets, including land and buildings at its Sakai plant, to KDDI Corporation as part of its asset-light strategy. This move is expected to improve Sharp’s financials and support its focus on brand business, while also facilitating the early commencement of operations in collaboration with KDDI.
Sharp Corporation clarified that recent news reports about the transfer of its LCD panel plant to KDDI Corporation are not based on any official announcement from Sharp. The company is in discussions with KDDI regarding the transfer of certain fixed assets, but no decisions have been finalized. Sharp assured stakeholders that any decisions requiring disclosure will be promptly announced.
Sharp Corporation has completed the transfer of its fixed assets, including land and buildings in Sakai City, Osaka, to SoftBank Corp. for 100,000 million yen. This transaction is expected to result in a significant gain of 75,424 million yen, positively impacting Sharp’s financial results for the fiscal year ending March 31, 2025, and exceeding the previously forecasted profit attributable to owners of the parent.