#Sharp

Sharp Corporation entered into a loan agreement with financial covenants totaling 391.4 billion yen with major banks on March 31, 2026, with a borrowing period from April 28, 2026, to March 31, 2028.

Sharp Corporation will implement executive personnel changes effective April 1, 2026, with Mr. Tetsuji Kawamura appointed as Representative Director, President, and CEO. Mr. Masahiro Okitsu will assume the position of Vice Chairman.

9,900 share acquisition rights (each granting 100 shares) finalized with an exercise price of 748.3 yen per share. The beneficiaries are 221 employees of Sharp Corporation and its wholly owned subsidiaries.

Sharp Corporation plans to acquire 2,762,000 shares of Synapse Innovation Inc. for 3,801 million yen and make it a wholly owned subsidiary on March 23, 2026.

For the third quarter of the fiscal year ending March 2026, net sales were ¥1,417,699 million (down 14.5% YoY), operating income was ¥40,995 million (up 101.0% YoY), and net income attributable to owners of parent was ¥67,517 million. Full-year earnings guidance was revised upward for ordinary income to ¥52,000 million.

For the cumulative Q3 of fiscal year 2025, net sales were JPY 1,417.6 billion (14.5% YoY decrease), operating income was JPY 40.9 billion (101.0% YoY increase), and net income significantly increased to JPY 67.5 billion.

Sharp Corporation expects to record a total of 14.9 billion yen in restructuring expenses as extraordinary losses for the fiscal year ending March 2026 and subsequent periods. Of this, 12.9 billion yen is planned to be recorded in the current fiscal year.

Sharp Corporation has resolved to absorb its wholly owned subsidiary Sharp Sensing Technology Corporation effective April 1, 2026, with no issuance of new shares or monetary payments associated with the merger.

At the Intellectual Property High Court appeal trial, Sharp Corporation's appeal in a damages claim lawsuit was dismissed, with no impact on business performance announced.

Sharp Corporation announces scheduled receipt of a special dividend of 29,345 million yen from its consolidated subsidiary Sharp Sensing Technologies Corporation on December 23, 2025.

Sharp Corporation announced that it expects to receive a special dividend of 29,345 million yen from its consolidated subsidiary Sharp Sensing Technology Corporation on December 23, 2025.