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Sharp Corporation Sells Fixed Assets to KDDI to Enhance Financial Structure

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Sharp Corporation Sells Fixed Assets to KDDI to Enhance Financial Structure

The latest update is out from Sharp Corporation ( (JP:6753) ).

Sharp Corporation has announced the sale of its fixed assets, including land and buildings at its Sakai plant, to KDDI Corporation as part of its asset-light strategy. This move is expected to improve Sharp’s financials and support its focus on brand business, while also facilitating the early commencement of operations in collaboration with KDDI.

More about Sharp Corporation

Sharp Corporation is a prominent player in the electronics industry, known for its innovative consumer electronics, home appliances, and business solutions. The company focuses on enhancing its brand business and optimizing its financial structure.

YTD Price Performance: -6.74%

Average Trading Volume: 1,808,025

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen608B

See more data about 6753 stock on TipRanks’ Stock Analysis page.

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