Sharp, a major electronics manufacturer, has revised down its earnings forecast for the current fiscal year due to the slump in the display business for large-screen TVs, and forecasts an operating loss of 20 billion yen, which indicates the profit of its core business. I was.
This is the first operating deficit since fiscal 2015, when the business was in crisis.
According to Sharp's earnings forecast for this fiscal year announced on the 7th, sales will increase from 2.7 trillion yen to 2.55 trillion yen, and operating profit, which indicates the profit of the main business, will increase from 25 billion yen to 20 billion yen. Each has been revised downward to the red.
This is the first operating loss since fiscal 2015, when the company fell into a financial crisis due to sluggish liquid crystal panel sales and other factors.
In addition, the final profit and loss, which was expected to be 5 billion yen in the black as of November last year, is "undecided" due to the difficulty of rational calculation, and the company expects a loss.
This is mainly due to the continuing slump in the display business for large-screen TVs and personal computers, as well as the apparent decline in sales of white goods such as air purifiers.
In addition, the final profit and loss from April to December last year, which was announced at the same time, was a deficit of more than 7.2 billion yen.
Sharp's Vice President Masahiro Okitsu said at a financial results conference, "We are in a critical situation due to extremely difficult financial results. We will proceed with structural reforms in all new businesses so that we can definitely return to profitability next fiscal year." rice field.