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Sharp Corporation ( (JP:6753) ) has issued an update.
Sharp Corporation reported a significant improvement in its financial performance for the first quarter of fiscal 2025, with operating profit in the Brand Business increasing by approximately 1.5 times compared to the previous year. Despite a decrease in sales due to competition and currency fluctuations, the company achieved a turnaround from a loss to a profit, driven by increased sales in PC, tablet, and automotive applications and structural reforms. This positive shift has led to a revision of their financial forecast, signaling a potential positive impact on their market positioning and stakeholder confidence.
The most recent analyst rating on (JP:6753) stock is a Sell with a Yen570.00 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 production and sale of electronic products and components, including display devices and consumer electronics.
Average Trading Volume: 2,499,429
Technical Sentiment Signal: Sell
Current Market Cap: Yen475.4B
See more data about 6753 stock on TipRanks’ Stock Analysis page.