Sharp Corporation ("the Company") has revised its forecast of financial results announced on February 1, 2012 as follows.
1. Revision of forecast of the consolidated financial results for the year ended March 31, 2012 (April 1, 2011 to March 31, 2012)
(millions of yen)
| |
Net Sales
|
Operating Income (Loss)
|
Net Income (Loss)
|
Net Income (Loss) per Share (yen)
|
|
Forecast previously announced (A)
|
2,550,000
|
0
|
(290,000)
|
(263.56)
|
|
Revised forecast (B)
|
2,450,000
|
(40,000)
|
(380,000)
|
(345.35)
|
|
Change (B-A)
|
-100,000
|
-40,000
|
-90,000
|
-
|
|
Rate of change (%)
|
-3.9
|
-
|
-
|
-
|
|
(Ref.) Results for the year ended March 31, 2011
|
3,021,973
|
78,896
|
19,401
|
17.63
|
2. Reasons for revision
The Company has revised its consolidated financial results forecast announced on February 1, 2012, reflecting shipment delay of LCDs for mobile terminals and costs to reinforce business foundations associated with restructuring in large-size LCD business, which is collaboration with Hon Hai Group and other companies at Sharp Display Products Corporation.
- Note: The above forecast of financial results is based on certain information available to the Company at the time of announcement, and actual operating results may differ from the forecast due to various factors.