The Recycler
  • Katun web banner December 2022 NEW
  • Biuromax Masthead web banner March 2024
  • G&G Web banner May 2024

Sharp’s MFP business showing recovery

May 12, 2021

The company has released its consolidated financial results for the fiscal year ended 31 March 2021.

For the reporting period Sharp recorded net sales of ¥2,425.9 billion ($22.31 billion/ €18.38 billion), a year-on-year increase of 7.2%. Operating office increased 61.5% year-on-year to ¥83.1 billion ($764 million/ €630 million).

Net sales for the 8K Ecosystem segment, which includes Sharp’s printers, were ¥1,282.9 billion ($11.8 billion/ €9.7 billion), a year-on-year increase of 11.2%. Operating profit increased 31.5% year-on-year for the business segment. Although there has been these year-on-year increases in sales and profit for the segment, Sharp does say that it has seen a decrease in MFP print volume.

Sharp added: “Our MFP and automotive display businesses, which were severely impacted by COVID-19, are trending toward recovery, and we expect these businesses to experience even greater recovery in FY2021.”

Categories : City News

Tags : Business Financials OEM Sharp

  • TN Core May 2024 Web advert
  • Static Control June 2022 Big & Bold Ad
  • GM Technology Web Ad March 2024
  • IR Italiana Web ad January 2021
  • Biuromax March 2024 Banner
  • Cartridge Web Banner May 2024
  • Mito Web advert July 2023
  • G&G Big & Bold Web banner January 2024
  • Ink Tank Web ad May 2024
  • Apex Web Banner April 2024
  • Zhono Web ad March 2024
  • CET Web ad December 2023
  • Altkin Web ad March 2024
  • Denner Feb 2024 Web Ad
  • PCL May 2024 web banner
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • ITP Web ad January 2021
  • Zhono Web ad March 2024
  • Denner Feb 2024 Web Ad
  • CET Web ad December 2023
  • HYB Web banner Jan 2024
  • PCL May 2024 web banner
  • Altkin Web ad March 2024
  • Zhono Web ad March 2024
  • PCL May 2024 web banner
  • CET Web ad December 2023
  • Altkin Web ad March 2024
  • ITP Web ad January 2021
  • Denner Feb 2024 Web Ad
  • HYB Web banner Jan 2024

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark

The Recycler Subscribe Web ad January 2021
The Recycler Subscribe Web ad January 2021