TOKYO, May 12 (Pulse News Wire) – Sharp Corporation (6753.T) announced today that it recorded special losses totaling 16,838 million yen in its fourth quarter ending March 31, 2026. The primary component was restructuring costs related to the shutdown of production at the Kameyama Second Plant and the cessation of operations at Sakai Display Products Co., Ltd., amounting to 13,730 million yen and 1,226 million yen respectively.
Additionally, the company reported restructuring expenses of 1,882 million yen across its consolidated subsidiaries, including 737 million yen associated with Sharp Mikoshi Co., Ltd.'s winding down operations. These figures reflect the ongoing efforts to streamline the group's operational structure. For the fiscal year ended March 31, 2026, total restructuring costs reached 19,867 million yen, with significant contributions from the Kameyama Second Plant shutdown costs of 13,730 million yen and Sakai Display Products Co., Ltd.
Operation cessation costs of 1,226 million yen. Individual decision-making also included impairment losses of 7,610 million yen and provisions for doubtful debts of 2,720 million yen. Details of the debt forgiveness involving Sharp Display Solutions Co., Ltd., which led to a loss of 3,274 million yen, can be found in the announcement dated December 19, 2025.
The impact of these special losses has been accounted for in the preliminary earnings report released earlier today.
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