Aankondiging • Jun 30
Sharp Corporation to Report Q1, 2027 Results on Aug 07, 2026 Sharp Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 New Risk • Jun 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Aankondiging • Jun 03
Brisk India Private Limited completed the acquisition of 75% stake in Sharp India Limited (BSE:523449) from Sharp Corporation (TSE:6753). Brisk India Private Limited entered into a Share Purchase Agreement to acquire 75% stake in Sharp India Limited (BSE:523449) from Sharp Corporation (TSE:6753) for approximately INR 190 million on April 14, 2026. Upon the execution of the SPA, Brisk India Private Limited shall make an Open Offer to the public shareholders of the Sharp India Limited in accordance with SEBI. Pursuant to the completion of transactions under the SPA (which is subject to the terms set out thereunder), Sharp Corporation will cease to be in control of Sharp India Limited and will no longer hold any shares in the Company.
Brisk India Private Limited completed the acquisition of 75% stake in Sharp India Limited (BSE:523449) from Sharp Corporation (TSE:6753) on June 2, 2026. Board Change • May 21
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yano Koji was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 12
Sharp Corporation, Annual General Meeting, Jun 24, 2026 Sharp Corporation, Annual General Meeting, Jun 24, 2026. Aankondiging • Apr 14
Brisk India Private Limited entered into a Share Purchase Agreement to acquire 75% stake in Sharp India Limited (BSE:523449) from Sharp Corporation (TSE:6753) for approximately INR 190 million. Brisk India Private Limited entered into a Share Purchase Agreement to acquire 75% stake in Sharp India Limited (BSE:523449) from Sharp Corporation (TSE:6753) for approximately INR 190 million on April 14, 2026. Upon the execution of the SPA, the Buyers shall make an Open Offer to the public shareholders of the Sharp India Limited in accordance with SEBI. Pursuant to the completion of transactions under the SPA (which is subject to the terms set out thereunder), the Sellers will cease to be in control of the Company and will no longer hold any shares in the Company. Aankondiging • Apr 11
Sharp Corporation to Report Fiscal Year 2026 Results on May 12, 2026 Sharp Corporation announced that they will report fiscal year 2026 results on May 12, 2026 Aankondiging • Mar 03
Sharp Corporation (TSE:6753) agreed to acquire Synapse Innovation Inc. from Osaka Small and Medium Business Investment & Consultation Co., Ltd. and Angel Bridge Co., Ltd. and Employee Stock Ownership Plan, 10 other individual shareholders for ¥3.8 billion. Sharp Corporation (TSE:6753) agreed to acquire Synapse Innovation Inc. from Osaka Small and Medium Business Investment & Consultation Co., Ltd. and Angel Bridge Co., Ltd. and Employee Stock Ownership Plan, 10 other individual shareholders for ¥3.8 billion on March 2, 2026. A cash consideration of ¥3.8 billion will be paid by Sharp Corporation. As part of consideration, ¥3.8 billion is paid towards common equity of Synapse Innovation Inc.
For the period ending March 31, 2025, Synapse Innovation Inc. reported total revenue of ¥2.27 billion, EBIT of ¥10 million and net income of ¥21 million. As of March 31, 2025, Synapse Innovation Inc. reported total assets of ¥1.48 billion and total common equity of ¥653 million.
The expected completion of the transaction is March 23, 2026. Aankondiging • Jan 20
Sharp Corporation to Report Q3, 2026 Results on Feb 10, 2026 Sharp Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Aankondiging • Oct 19
Sharp Corporation to Report Q2, 2026 Results on Nov 10, 2025 Sharp Corporation announced that they will report Q2, 2026 results on Nov 10, 2025 Aankondiging • Jul 17
Sharp Corporation to Report Q1, 2026 Results on Aug 08, 2025 Sharp Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Aankondiging • Apr 23
Hon Yuan International Investment Co., Ltd. agreed to acquire Sharp Fukuyama Laser Co., Ltd. from Sharp Corporation (TSE:6753) for ¥15.5 billion. Hon Yuan International Investment Co., Ltd. agreed to acquire Sharp Fukuyama Laser Co., Ltd. from Sharp Corporation (TSE:6753) for ¥15.5 billion on April 23, 2025. A cash consideration of ¥15.5 billion will be paid by Hon Yuan International Investment Co., Ltd.
The final schedule depends on the status and progress of obtaining approvals from competition authorities and other government agencies in each country and region. The expected completion of the transaction is September 29, 2025. Aankondiging • Apr 19
Sharp Corporation to Report Fiscal Year 2025 Results on May 12, 2025 Sharp Corporation announced that they will report fiscal year 2025 results on May 12, 2025 Aankondiging • Jan 23
Sharp Corporation to Report Q3, 2025 Results on Feb 07, 2025 Sharp Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: JP¥37.34 (vs JP¥0.85 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥37.34 (up from JP¥0.85 loss in 2Q 2024). Revenue: JP¥564.5b (down 8.5% from 2Q 2024). Net income: JP¥24.2b (up JP¥24.8b from 2Q 2024). Profit margin: 4.3% (up from net loss in 2Q 2024). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 5.2%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Nov 13
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to €6.18. The fair value is estimated to be €4.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Oct 22
Sharp Corporation to Report Q2, 2025 Results on Nov 12, 2024 Sharp Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Buy Or Sell Opportunity • Sep 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 6.1% to €5.57. The fair value is estimated to be €4.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 13
First quarter 2025 earnings released: JP¥1.98 loss per share (vs JP¥8.49 profit in 1Q 2024) First quarter 2025 results: JP¥1.98 loss per share (down from JP¥8.49 profit in 1Q 2024). Revenue: JP¥532.0b (down 1.7% from 1Q 2024). Net loss: JP¥1.29b (down 123% from profit in 1Q 2024). Revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 4.9%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 26
Sharp Corporation to Report Q1, 2025 Results on Aug 09, 2024 Sharp Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Buy Or Sell Opportunity • Jun 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €5.40. The fair value is estimated to be €4.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 20
Now 20% overvalued Over the last 90 days, the stock has fallen 2.7% to €4.79. The fair value is estimated to be €3.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 16
Full year 2024 earnings released: JP¥231 loss per share (vs JP¥407 loss in FY 2023) Full year 2024 results: JP¥231 loss per share (improved from JP¥407 loss in FY 2023). Revenue: JP¥2.32t (down 8.9% from FY 2023). Net loss: JP¥150.0b (loss narrowed 43% from FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Aankondiging • May 16
Sharp Corporation, Annual General Meeting, Jun 27, 2024 Sharp Corporation, Annual General Meeting, Jun 27, 2024. Buy Or Sell Opportunity • Apr 30
Now 21% overvalued Over the last 90 days, the stock has fallen 21% to €4.79. The fair value is estimated to be €3.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Apr 27
Sharp Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Sharp Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Aankondiging • Apr 10
SHARP Appoints Sujai Karampuri as the Chairman for Its India Business SHARP has announced the appointment of Sujai Karampuri as the Chairman for its India Business, effective 1 March, 2024. Sujai Karampuri shall spearhead the Display Business, and elevate Sharp's brand presence in India, and most importantly bring strategic partnerships in manufacturing and technology transfer of SHARP's sophisticated engineering products, components, and solutions. Bringing with him a distinguished record in strategic business and technology development across various sectors such as Electronics & Semiconductors, Broadband, and Wireless communications, Mr. Karampuri will steer SHARP's endeavours to expand its footprint in India in Display, promote brand business of its consumer electronics, while also focusing on developing strategic partnerships in manufacturing, technology transfer, and development of smartphone components, camera modules, TV panels, precision engineering solutions, sensors, and semiconductors. With extensive leadership experience within the State Government of Telangana, including roles as Director of Electronics and Semiconductor, CEO of T-Works, and Managing Director of Telangana Fiber Grid Corporation, Mr. Karampuri's appointment heralds a new era of strategic cooperation, innovation and growth for SHARP in India. Buy Or Sell Opportunity • Apr 09
Now 21% overvalued Over the last 90 days, the stock has fallen 24% to €4.90. The fair value is estimated to be €4.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 19
Now 21% overvalued Over the last 90 days, the stock has fallen 20% to €5.02. The fair value is estimated to be €4.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Mar 14
Pioneer Corporation agreed to acquire 34% stake in Pioneer Digital Design and Manufacturing Corporation from Sharp Corporation (TSE:6753) Pioneer Corporation agreed to acquire 34% stake in Pioneer Digital Design and Manufacturing Corporation from Sharp Corporation (TSE:6753) on March 13, 2024. Prior to the transaction, Pioneer Corporation held 66%. Reported Earnings • Feb 08
Third quarter 2024 earnings released: JP¥4.53 loss per share (vs JP¥27.16 loss in 3Q 2023) Third quarter 2024 results: JP¥4.53 loss per share (improved from JP¥27.16 loss in 3Q 2023). Revenue: JP¥606.4b (down 14% from 3Q 2023). Net loss: JP¥2.94b (loss narrowed 83% from 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Aankondiging • Jan 25
Sharp Corporation to Report Q3, 2024 Results on Feb 06, 2024 Sharp Corporation announced that they will report Q3, 2024 results on Feb 06, 2024 New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 09
Second quarter 2024 earnings released: JP¥0.85 loss per share (vs JP¥25.71 loss in 2Q 2023) Second quarter 2024 results: JP¥0.85 loss per share (improved from JP¥25.71 loss in 2Q 2023). Revenue: JP¥617.1b (down 11% from 2Q 2023). Net loss: JP¥551.0m (loss narrowed 97% from 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 09
Sharp Corporation Introduces New Color Models of their Electronic Paper Display ePosters Sharp Corporation introduced new color models of their electronic paper display ePosters that will be unveiled during the SHARP Tech-Day at the Tokyo Big Sight International Exhibition Center, November 10-12. The new ePoster combines an IGZO backplane with E Ink Spectra™ 6, which offers an expanded color gamut, enabling greater color saturation and contrast. This launch marks the ongoing collaboration between Sharp and E Ink that is focused on pairing their leading technologies to deliver ePosters to the world and combining the benefits of digital innovation and sustainable development. This is the first ePoster display integrated with the E Ink Spectra™ 6 ePaper platform, which was engineered to create a full-color print-quality digital replacement for paper. The Sharp ePoster offers a high-visibility paper-like display that doesn’t consume energy to maintain an image. E Ink ePaper is so efficient it can be powered off batteries—completely free from the grid—paired with the ePoster’s lightweight hardware allows flexibility in deployments and installations. In addition to ePosters, Sharp will also be exhibiting an 8-inch color ePaper display equipped with IGZO technology for e-book readers and e-notebooks at SHARP Tech-Day. With the priority on sustainable development and ESG initiatives, E Ink’s ePaper features of sunlight readability, low power consumption, and compatibility with solar power systems, make it a sustainable display technology. Aankondiging • Oct 21
Sharp Corporation to Report Q2, 2024 Results on Nov 08, 2023 Sharp Corporation announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥8.49 (vs JP¥43.40 in 1Q 2023) First quarter 2024 results: EPS: JP¥8.49 (down from JP¥43.40 in 1Q 2023). Revenue: JP¥541.2b (down 3.7% from 1Q 2023). Net income: JP¥5.51b (down 80% from 1Q 2023). Profit margin: 1.0% (down from 4.8% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 29
Sharp Corporation to Report Q1, 2024 Results on Aug 04, 2023 Sharp Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Board Change • Jul 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Yutaka Nakagawa was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 16
Full year 2023 earnings released: JP¥407 loss per share (vs JP¥121 profit in FY 2022) Full year 2023 results: JP¥407 loss per share (down from JP¥121 profit in FY 2022). Revenue: JP¥2.55t (up 2.1% from FY 2022). Net loss: JP¥260.8b (down 453% from profit in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Aankondiging • May 12
Sharp Corporation, Annual General Meeting, Jun 27, 2023 Sharp Corporation, Annual General Meeting, Jun 27, 2023. Reported Earnings • Feb 10
Third quarter 2023 earnings released: JP¥27.16 loss per share (vs JP¥46.37 profit in 3Q 2022) Third quarter 2023 results: JP¥27.16 loss per share (down from JP¥46.37 profit in 3Q 2022). Revenue: JP¥709.1b (up 4.9% from 3Q 2022). Net loss: JP¥17.6b (down 162% from profit in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Aankondiging • Jan 20
Sharp Corporation to Report Q3, 2023 Results on Feb 07, 2023 Sharp Corporation announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: JP¥25.71 loss per share (vs JP¥34.14 profit in 2Q 2022) Second quarter 2023 results: JP¥25.71 loss per share (down from JP¥34.14 profit in 2Q 2022). Revenue: JP¥695.8b (up 15% from 2Q 2022). Net loss: JP¥16.6b (down 180% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Yutaka Nakagawa was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released: JP¥25.71 loss per share (vs JP¥34.14 profit in 2Q 2022) Second quarter 2023 results: JP¥25.71 loss per share (down from JP¥34.14 profit in 2Q 2022). Revenue: JP¥695.8b (up 15% from 2Q 2022). Net loss: JP¥16.6b (down 180% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥43.40 (vs JP¥35.47 in 1Q 2022) First quarter 2023 results: EPS: JP¥43.40 (up from JP¥35.47 in 1Q 2022). Revenue: JP¥562.2b (down 8.1% from 1Q 2022). Net income: JP¥26.9b (up 24% from 1Q 2022). Profit margin: 4.8% (up from 3.5% in 1Q 2022). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 4.7%, compared to a 3.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Jul 06
Less than half of directors are independent Following Director Zhen-Wei Wang's arrival on 01 July 2022, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Yutaka Nakagawa was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥140 (vs JP¥87.20 in FY 2021) Full year 2022 results: EPS: JP¥140 (up from JP¥87.20 in FY 2021). Revenue: JP¥2.50t (up 2.9% from FY 2021). Net income: JP¥85.7b (up 61% from FY 2021). Profit margin: 3.4% (up from 2.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.0%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Yutaka Nakagawa was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €8.40, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.77 per share. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥46.37 (up from JP¥28.45 in 3Q 2021). Revenue: JP¥675.8b (flat on 3Q 2021). Net income: JP¥28.3b (up 63% from 3Q 2021). Profit margin: 4.2% (up from 2.6% in 3Q 2021). Revenue exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to stay flat compared to a 7.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥34.14 (vs JP¥25.49 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥606.6b (down 3.6% from 2Q 2021). Net income: JP¥20.9b (up 34% from 2Q 2021). Profit margin: 3.4% (up from 2.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥35.47 (vs JP¥13.42 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥611.6b (up 19% from 1Q 2021). Net income: JP¥21.7b (up 164% from 1Q 2021). Profit margin: 3.5% (up from 1.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • May 13
Full year 2021 earnings released: EPS JP¥97.99 (vs JP¥22.47 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥2.43t (up 7.2% from FY 2020). Net income: JP¥53.3b (up 288% from FY 2020). Profit margin: 2.2% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 15 June 2021. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.2%). Reported Earnings • Mar 14
Third quarter 2021 earnings released: EPS JP¥50.04 (vs JP¥41.00 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥674.7b (up 6.3% from 3Q 2020). Net income: JP¥18.6b (down 26% from 3Q 2020). Profit margin: 2.8% (down from 3.9% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 14
Revenue beats expectations Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 2.9%, compared to a 8.9% growth forecast for the Consumer Durables industry in Germany. Is New 90 Day High Low • Feb 11
New 90-day high: €18.69 The company is up 101% from its price of €9.31 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.80 per share. Is New 90 Day High Low • Jan 23
New 90-day high: €17.30 The company is up 69% from its price of €10.23 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.62 per share. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥16.31, the stock is trading at a trailing P/E ratio of 77.3x, up from the previous P/E ratio of 66.3x. This compares to an average P/E of 27x in the Consumer Durables industry in Germany. Total return to shareholders over the past three years is a loss of 43%. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥15.31, the stock is trading at a trailing P/E ratio of 73x, up from the previous P/E ratio of 62.4x. This compares to an average P/E of 27x in the Consumer Durables industry in Germany. Total return to shareholders over the past three years is a loss of 46%. Is New 90 Day High Low • Jan 07
New 90-day high: €12.97 The company is up 23% from its price of €10.50 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.75 per share. Is New 90 Day High Low • Dec 17
New 90-day high: €11.78 The company is up 9.0% from its price of €10.81 on 18 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.66 per share. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 17% share price gain to JP¥11.09, the stock is trading at a trailing P/E ratio of 52.5x, up from the previous P/E ratio of 44.8x. This compares to an average P/E of 25x in the Consumer Durables industry in Germany. Total return to shareholders over the past three years is a loss of 57%. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 19% share price gain to JP¥11.40, the stock is trading at a trailing P/E ratio of 45.5x, up from the previous P/E ratio of 38.2x. This compares to an average P/E of 25x in the Consumer Durables industry in Germany. Total return to shareholders over the past three years is a loss of 56%. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue beats expectations Revenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 1.1%, compared to a 4.0% growth forecast for the Consumer Durables industry in Germany. Reported Earnings • Nov 14
Second quarter 2021 earnings released: EPS JP¥23.85 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥624.9b (up 3.2% from 2Q 2020). Net income: JP¥14.6b (down 1.9% from 2Q 2020). Profit margin: 2.3% (down from 2.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Nov 13
New 90-day low: €9.31 The company is down 6.0% from its price of €9.86 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.57 per share. Analyst Estimate Surprise Post Earnings • Nov 08
Revenue beats expectations Revenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to stay flat compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Reported Earnings • Nov 08
Second quarter 2021 earnings released: EPS JP¥32.25 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥624.9b (up 3.2% from 2Q 2020). Net income: JP¥14.6b (down 1.9% from 2Q 2020). Profit margin: 2.3% (down from 2.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 26% per year. Aankondiging • Aug 07
Sharp Corporation (TSE:6753) acquired the remaining 19.9% stake in Dynabook Inc. from Toshiba Corporation (TSE:6502). Sharp Corporation (TSE:6753) acquired the remaining 19.9% stake in Dynabook Inc. from Toshiba Corporation (TSE:6502) on August 4, 2020. As a result of this transfer, Dynabook has become a wholly owned subsidiary of Sharp Corporation.
Sharp Corporation (TSE:6753) completed the acquisition of the remaining 19.9% stake in Dynabook Inc. from Toshiba Corporation (TSE:6502) on August 4, 2020. 
