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Sharp Corporation ( (JP:6753) ) has issued an update.
Sharp Corporation has announced details regarding its controlling shareholder, Hon Hai Precision Industry Co., Ltd., which holds a significant portion of voting rights in Sharp. The announcement emphasizes Sharp’s commitment to leveraging business synergies with Hon Hai to enhance operational efficiency and increase sales and profits while ensuring the independence and autonomy of both entities. The collaboration is seen as beneficial for minority shareholders, with measures in place to ensure fairness and transparency in transactions between Sharp and its parent company.
The most recent analyst rating on (JP:6753) stock is a Sell with a Yen700.00 price target. To see the full list of analyst forecasts on Sharp Corporation stock, see the JP:6753 Stock Forecast page.
More about Sharp Corporation
Sharp Corporation operates in the electronics industry, focusing on the manufacturing and sales of telecommunications equipment, electrical equipment, and electronic application devices. The company is known for its brand businesses under the ‘Sharp’ name and maintains a strategic relationship with its parent company, Hon Hai Precision Industry Co., Ltd., which is primarily engaged in electronic manufacturing services.
Average Trading Volume: 2,388,833
Technical Sentiment Signal: Sell
Current Market Cap: Yen451.2B
See more data about 6753 stock on TipRanks’ Stock Analysis page.