Sharp Corp. (SHCAY,6753.T), a Japanese electronics company, on Monday reported improved earnings in the first half, despite a 13.3 per cent decline in net sales.
Looking ahead to the fiscal 2026, the firm raised the earnings guidance but maintained the sales view.
For the first half, profit attributable to shareholders climbed 98.1 percent to 45.48 billion yen from 22.96 billion yen.
Basic earnings per share nearly doubled to 70.05 yen from 35.36 yen in the last year.
Operating profit increased to 28.95 billion yen from 0.48 billion yen in the prior year.
Net sales, however, decreased to 950.34 billion yen from 1,096.41 billion yen.
For the fiscal year ending on March 31, 2026, Sharp expected basic earnings per share of 81.63 yen from the earlier estimate of 49.28 yen in August.
Profit attributable to shareholders for the Fiscal year is estimated to be 53 billion yen, higher than the 32 billion yen guided earlier.
Sales projected for the period, however, remain at 1.870 trillion.
On the Tokyo Stock Exchange, the shares had closed 1.46 percent higher at 848.40 yen.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.