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

Deal Talk

Reuters Showcase

Shopping Plans

Shopping Plans

Yahoo in talks to buy ad service BrightRoll - TechCrunch.  Full Article 

Data Breach

Data Breach

Staples says investigating possible payment card data breach.  Full Article 

Eavesdropping Agency

Eavesdropping Agency

Outgoing UK spy chief rejects mass surveillance claims.  Full Article 

Fat Paycheck

Fat Paycheck

New Microsoft CEO Nadella's pay tops $80 mln with big stock awards.  Full Article 

Access to Information

Access to Information

GT Advanced nears deal over Apple secrecy - lawyer.  Full Article 

Cyber Attack

Cyber Attack

China-backed hackers may have infiltrated Apple's iCloud - blog.  Full Article 

Reuters India Mobile

Reuters India Mobile

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