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August 26, 2011

Sharp Establishes Sales Subsidiary for Consumer Electronics and Communication/Information Equipment in Brazil

Sharp Corporation has established a sales subsidiary for consumer electronics and communication/information equipment, Sharp Brasil Comércio e Distribuição de Artigos Eletrônicos Ltda. (abbreviation: SBCD), in São Paulo, Brazil.

The Brazilian market is becoming stronger thanks to increased consumer spending spurred by economic growth. And with the country hosting upcoming events like the 2014 FIFA World Cup and the 2016 Summer Olympics, the market is expected to further expand. By establishing a new sales subsidiary in Brazil, Sharp is strengthening its sales and marketing functions in the country in efforts to boost brand image and expand business in this burgeoning economy.

Overview of New Sales Subsidiary

• Company name: Sharp Brasil Comércio e Distribuição de Artigos Eletrônicos Ltda. (abbreviation: SBCD)
• Company location:   São Paulo, Brazil
• Representative:   Shogo Hara, President
• Capital:   30 million Brazilian real
• Date of establishment:   August 19, 2011
• Business:   Sales of consumer electronics and communication/information equipment

The following information is true and accurate at the time of publication. Manufacture, sale, price and specifications of products may be subject to change.

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