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Sharp CRISIS: Brokeback self-help failed to seize the huge loss of business does not let go

  • Author:Jack Zou
  • Source:www.diecastingpartsupplier.com
  • Release on:2015-05-26

Recently, Sharp announced the fiscal year 2014 earnings, a loss of 222.3 billion yen, which is the first time in one year Sharp suffered a net loss again. Faced with the loss, Sharp dished out to restructure the business portfolio, reduction of fixed costs and restructuring and strengthen the organization and management of the main theme of the new medium-term business plan. However, Sharp hopes the LCD panel business to turn around the industry practice is still disappointing.

Clouds again enveloped the ongoing restructuring of Sharp.

While it has been profitable for turnaround efforts, but the recently released 2014 earnings (as of March 2015) has given Sharp painful blow. Reported Sharp fiscal 2014 net loss 222.3 billion yen.

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