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SHARP return to the main board of the Tokyo Stock Exchange

via:CnBeta     time:2017/12/8 1:03:30     readed:372

Regarding his own stay, Dai Zhengwu indicated that he would like to take the opportunity to return to the main board market, and hope to remain unchanged. He said it will continue as president until after the culture of mature.

SHARP fell to the second board in August last year, because of its poor operation, but after entering the Taiwan Hon Hai Precision Industry Company, the cost cuts were carried out. It was able to return to the main board after about 1 years and 4 months. This will help the company recover its reputation, raise money and expand its earnings.

The first day after the return board 7, SHARP's second opening price than the last trading day of the 6 day of the closing price of 20 points, to 3905 points. Then the profit plate fell for a time. To celebrate SHARP return to the motherboard ceremony in the Topix held, Dai Zhengwu sounded the bell memorial.

SHARP's overinvestment in LCD panel business has become a heavy drag. At the end of fiscal year 2015, it has accounted for over 200 billion yen (12 billion yuan) in 2 years. The company into insolvency, in accordance with the provisions of the second board to tokyo.

After that, SHARP accepted Hon Hai to inject capital into its subsidiary and got rid of the situation of insolvency. The fiscal year 2016 reflects the main business profit operating profit for the first profit in 3 years, June to return to the main market for the. In the year of fiscal year 2017, the net profit in the half year newspaper was also profitable, and the performance continued to recover.

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