Sharp books $1.1 bln restructuring charge for Q2

TOKYO Thu Nov 1, 2012 11:46am IST

Sharp Corp's Aquos TVs are displayed at an electronics store in Tokyo October 28, 2012. REUTERS/Yuriko Nakao/Files

Sharp Corp's Aquos TVs are displayed at an electronics store in Tokyo October 28, 2012.

Credit: Reuters/Yuriko Nakao/Files

Related Topics

Stocks

   

TOKYO (Reuters) - Japan's Sharp Corp said on Thursday it was booking restructuring costs of 84.4 billion yen for the July-September second quarter, as well as writing down 61 billion yen of deferred tax assets in the same period.

The struggling TV maker slashed its net loss forecast for the full year to next March 31 to 450 billion yen from a previous forecast of 250 billion yen.

(Reporting by Mari Saito; Editing by Michael Watson)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

ANTI-TRUST PROBE

Reuters Showcase

New iPhone

New iPhone

New Apple iPhone to have "mobile wallet" function - Bloomberg  Full Article 

Wearable Gadgets

Wearable Gadgets

Swatch prefers go-it-alone route for smartwatch plans.  Full Article 

Google Drones

Google Drones

Google tests drones for deliveries.  Video 

Hot Commodity

Hot Commodity

Data scientists are increasingly becoming important to the world's tech companies.  Video 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage