Sharp H1 Earnings Improves, Lifts FY26 Earnings Guidance; Maintains Sales View
Sharp Corp. reported improved H1 earnings with a 98.1% increase in profit attributable to shareholders, reaching 45.48 billion yen, despite a 13.3% decline in net sales to 950.34 billion yen. The company raised its FY26 earnings guidance, expecting basic earnings per share of 81.63 yen, up from 49.28 yen, while maintaining sales projections at 1.870 trillion yen. Shares closed 1.46% higher at 848.40 yen on the Tokyo Stock Exchange.
Sharp Corp. (SHCAY,6753.T), a Japanese electronics company, on Monday reported improved earnings in the first half, despite a 13.3 per cent decline in net sales.
Looking ahead to the fiscal 2026, the firm raised the earnings guidance but maintained the sales view.
For the first half, profit attributable to shareholders climbed 98.1 percent to 45.48 billion yen from 22.96 billion yen.
Basic earnings per share nearly doubled to 70.05 yen from 35.36 yen in the last year.
Operating profit increased to 28.95 billion yen from 0.48 billion yen in the prior year.
Net sales, however, decreased to 950.34 billion yen from 1,096.41 billion yen.
For the fiscal year ending on March 31, 2026, Sharp expected basic earnings per share of 81.63 yen from the earlier estimate of 49.28 yen in August.
Profit attributable to shareholders for the Fiscal year is estimated to be 53 billion yen, higher than the 32 billion yen guided earlier.
Sales projected for the period, however, remain at 1.870 trillion.
On the Tokyo Stock Exchange, the shares had closed 1.46 percent higher at 848.40 yen.
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