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Sharp Corp (SHCAY.PK)

SHCAY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Sharp says upgrade of stock listing
Thursday, 30 Nov 2017 02:12am EST 

Nov 30 (Reuters) - Sharp Corp <6753.T>:Says it will be listed on the Tokyo Stock Exchange (TSE) First Section, effective Dec. 7 .  Full Article

Sharp to acquire stake in Kantatsu for 1.01 bln yen
Wednesday, 8 Nov 2017 12:15am EST 

Nov 8 (Reuters) - Sharp Corp <6753.T>:Says it will acquire 35,732 shares of Kantatsu Co., Ltd., for 1.01 billion yen in total, via exercise of warrants.Says it will raise voting power in Kantatsu Co., Ltd. to 53.5 percent from 44.3 percent after transaction .Effective Jan. 1, 2018 .  Full Article

Sharp says settlement of lawsuit
Tuesday, 31 Oct 2017 04:53am EDT 

Oct 31 (Reuters) - Sharp Corp <6753.T>:Says co and General Electric Company reached settlement with RB/WH Rocky Mount CI, LLC and National Trust Insurance Company(plaintiffs), regarding a fire related lawsuit.Says co needs to pay $85,000 (about 9.7 million yen) to plaintiffs as settlement in this lawsuit.  Full Article

Sharp unit says lawsuit regarding copyright infringement dispute
Friday, 27 Oct 2017 02:24am EDT 

Oct 27 (Reuters) - Sharp Corp <6753.T>:Says Shanghai-based firm withdrew a lawsuit against Nanjing-based unit NSEC and the previous news was disclosed on June 1 .  Full Article

Sharp Electronics Corp unit announces strategic alliance with Skywell
Monday, 9 Oct 2017 09:00am EDT 

Oct 9 (Reuters) - Sharp Corp <6753.T>:Sharp Electronics Corporation​ - Sharp Imaging and Information Company of America, division of co, announced a strategic alliance with Skywell.  Full Article

R&I upgrades Sharp's rating to "BB-" and announces stable rating outlook -R&I
Wednesday, 23 Aug 2017 03:03am EDT 

Aug 23(Reuters) - Sharp Corp <6753.T>:Says Rating and Investment Information, Inc. (R&I) raised the company's issuer rating to "BB-" from "B+" -R&I.Rating outlook stable -R&I.  Full Article

Sharp says integration of units
Friday, 28 Jul 2017 02:27am EDT 

July 28 (Reuters) - Sharp Corp <6753.T>:Says co's two Osaka-based wholly owned units will merge with co's Chiba-based wholly owned unit Sharp Business Solutions Corporation, on Oct. 1.Says two Osaka-based wholly owned units will be dissolved after merger.  Full Article

Sharp likely generated group net profit of about 15 bln Yen for three months through June - Nikkei
Tuesday, 25 Jul 2017 01:02pm EDT 

July 25 (Reuters) - Nikkei::Sharp Corp likely generated a group net profit of about 15 billion yen ($134 million) for the three months through June - Nikkei.Sharp Corp's sales likely rose about 20 percent on the year to around 500 billion yen for the three months through June - Nikkei.For FY through March 2018, Sharp Corp forecasts a net profit of 59 billion yen and sales of 2.51 trillion yen - Nikkei.  Full Article

Sharp, Hon Hai Precision Industry considering new U.S. factory - Nikkei
Wednesday, 7 Jun 2017 01:11pm EDT 

June 7 (Reuters) - Nikkei::Sharp and Hon Hai Precision Industry are considering a new U.S. factory making large-format display panels suitable for televisions - Nikkei.Sharp and Foxconn could invest more than 800 billion yen into new U.S. plant‍​ - Nikkei.Foxconn, Sharp's new U.S. factory is expected eventually to turn out panels for the ultrahigh-definition "8K" TVs that Sharp plans to debut in 2018 - Nikkei.  Full Article

Digicom Elektronik Pazarlama A. S. files lawsuit against Sharp and SEEG and U.M.C
Thursday, 1 Jun 2017 05:09am EDT 

June 1(Reuters) - Sharp Corp <6753.T>:Says Digicom Elektronik Pazarlama A. S. filed a lawsuit against the company and its unit Sharp Electronics (Europe) GmbH (SEEG), as well as Universal Media Corporation/Slovakia/s.r.o (U.M.C), which can sell Sharp brand LCD TV in Europe, claiming compensation for damages of 1 million Turkish liras (31 million yen).  Full Article


Sharp to seek all-Japan OLED alliance to counter South Korea's Samsung, LG

TOKYO Japan's Sharp Corp will ask the government to help it form an alliance with rival Japan Display Inc in OLED technology to better compete with South Korean makers, its chief executive said on Thursday.