The Recycler
  • ECS Web ad November
  • Katun March Web Advert 2021
  • Nienstar November Advert Masthead
  • Biuromax Web ad May 2021
  • Nubeprint Online 425x90

Sharp releases results for fiscal 2019

Sharp releases results for fiscal 2019

May 20, 2020

In its announcement, Sharp said that although Q1 -Q3 were in line with its prediction, the business was impacted in Q4 due to the global COVID-19 spread.

Sharp’s net sales for fiscal 2019 was ¥2,271.2 billion ($21.08 billion/ €19.27 billion), down 5.4% year-on-year. Sharp attributes the ¥178 billion ($1.65 billion/ €1.51 billion) difference in forecast and actual results to the impact by the COVID-19 pandemic. For Q42019 Sharp recorded net sales of ¥515.6 billion ($4.79 billion/ €4.37 billion), an 18% decrease compared to the same period of the previous year.

The 8K Ecosystem business segment which includes Sharp’s printers, the company recorded net sales for FY2019 of ¥1,157.2 billion ($10.74 billion/ €9.82 billion), a 11.9% decrease year-on-year. For Q42019 Sharp recorded net sales of ¥258.4 billion ($2.4 billion/ €2.2 billion).

Operating profit for the segment for fiscal 2019 ended up decreasing 68.5% year-on-year to ¥14.9 billion ($138 million/ €126 million).

Sharp said that the spread of new lifestyles, like home office working, may give rise to demand for different products and services that in the past. The company stated it will see if it can leverage its technologies to strengthen and create products and services that support these new lifestyles.

Categories : City News

Tags : Business Financials OEM Sharp

  • GPI December Advert
  • Armor May banner Ink
  • Aster Web ad October
  • Static Web ad July 2021
  • IR Italiana Web ad January 2021
  • Apex web ad May 2021 version 2
  • Ninestar Big & Bold July 2021
  • Ninestar New Banner
  • GM Technology December 2021
  • Mito December Advert
  • CET Web ad September 2021
  • PW Dubai December Ad
  • HYB Web ad February 2021
  • CTS Toner Supplies Web ad April 2021
  • ITP Web ad January 2021
  • Ohana July 2021 web advert
  • Adter Recruitment Web ad April 2021
  • Printlife Web 300x250 Nov 2021
  • PCL Web ad January 2021
  • Printlife Web 300x250 Nov 2021
  • PCL Web ad January 2021
  • PW Dubai December Ad
  • CET Web ad September 2021
  • CTS Toner Supplies Web ad April 2021
  • HYB Web ad February 2021
  • Ohana July 2021 web advert
  • Adter Recruitment Web ad April 2021
  • ITP Web ad January 2021
  • Adter Recruitment Web ad April 2021
  • CTS Toner Supplies Web ad April 2021
  • PW Dubai December Ad
  • Printlife Web 300x250 Nov 2021
  • Ohana July 2021 web advert
  • ITP Web ad January 2021
  • PCL Web ad January 2021
  • HYB Web ad February 2021
  • CET Web ad September 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark