[Translation]
To Whom It May Concern
April 28, 2017
Company Name: Sharp Corporation Representative: J.W. Tai
(Code No. 6753)
Notice Regarding Impairment Loss in Other Income (Expenses)Sharp Corporation ("the Company") announces the recording of impairment loss in other income (expenses) in consolidated financial results for the fourth quarter of the year ended March 31, 2017.
-
Impairment Loss
Fourth quarter of the year ended March 31, 2017
Monetary amounts are rounded down to the nearest million yen (millions of yen)
Amount
Display Devices (buildings etc. at Mie Plant)
15,950
Energy Solutions
(machinery and equipment, software etc. at Katsuragi Plant)
240
The Company's idle assets etc.
(buildings etc. at company dormitory in Higashihiroshima)
523
Idle assets and others of subsidiaries in China and U.S. etc. (machinery and equipment etc.)
144
Total
16,859
(Reference)
Fiscal 2016 (April 1, 2016 to March 31, 2017)
Monetary amounts are rounded down to the nearest million yen (millions of yen)
Amount
Display Devices
(buildings, construction in progress etc. at Mie Plant, Kameyama Plant)
24,985
Energy Solutions
(software, machinery and equipment etc. at Katsuragi Plant, Sakai Plant)
698
The Company's idle assets etc.
(buildings etc. at Tanabe Building, Mihara Plant, Tochigi Plant, Tenri Plant)
8,016
Idle assets and others of subsidiaries in China and U.S. etc. (machinery and
equipment etc.)
966
Total
34,668
- Impact on financial performance
Sharp Corporation has reflected the earnings impact of this accounting transaction in Consolidated Financial Results for the Year Ended March 31, 2017 [Japanese Accounting Standards] published today.
Sharp Corporation published this content on 28 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 April 2017 06:19:20 UTC.
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