Japan's Kyodo News November 30, Sharp's application for return to the motherboard from the second board market has been approved by the Tokyo Stock Exchange, Sharp will return to the motherboard market on December 7. Distance from the June 20 application to return to the East Securities Motherboard, it took only 5 months.
Dai Zhengwu, president of Sharp, said that in addition to the efforts of Sharp employees, all thanks to the trust and support of consumers and shareholders, the future will continue to focus on AIOT and 8K eco-industries with sincerity and creativity. Challenging high-tech enterprises.
Sharp president Dai Zheng Wu
It is understood that Sharp in the end of March 2016 into a crisis of insolvency and therefore on August 1, 2016 downgrade from the board to the second floor of the East card, but after Hon Hai funded, Sharp quickly lift the financial crisis, and After continuous reform and consolidation, Sharp's performance has shown a good trend, has been turned around in the first half of 2017. Sharp Oct. 28 announcement released by the performance shows that in April-September first half of the fiscal year, the net Profit was 34.7 billion yen, while loss of 45.4 billion yen last year.
China Home Appliances Network learned that return to the board of directors of the East China needs to meet the 'total market value', 'earnings stability', 'internal management system' and other conditions.Since the investment from Sharp Hon Hai, Sharp internal reform has achieved success, with Sharp TV and Other products such as hot sales, earnings stability and market capitalization and other indicators have steadily improved.Observation of industry observers, Sharp return to the board of directors of the East China Sea significant significance to the restructuring of the Sharp brand, products, investment activities will play a certain boost effect.
Qing Tian, the chief executive of Japan Exchange Corporation (JPX), which owns the East Exchange, confirmed at a press conference on Wednesday that Dai Zhengwu, a Sharp president from Hon Hai, has demonstrated his ability to rebuild the company. It should only be possible to return (motherboards) in such a short period of time through the rapid promotion of business selection and streamlining by unmanaged operators. "