Sharp books $1.1 bln restructuring charge for Q2
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)
- Tweet this
- Share this
- Digg this
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- Modi eyes breakthrough nuclear pact on Japan trip
- India Inc happy with Modi, but holding back on investment: poll
- Modi to launch plan for every Indian household to have bank account
- U.S. seeks coalition against Islamic State, but military partners no sure bet
Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time. Read