Brief: Sharp Corp: Entered Into Sale Agreement With SoftBank Corp For Land, Buildings And Other Assets In Sakai, Osaka, Japan For 100 Billion Yen

Foxconn Technology

14/03/2025 06:36

March 14 (Reuters) - Sharp Corp 6753.T:

SHARP CORP - HAVE ENTERED INTO SALE AND PURCHASE AGREEMENT WITH SOFTBANK CORP FOR LAND, BUILDINGS AND OTHER ASSETS IN SAKAI, OSAKA, JAPAN FOR 100 BILLION YEN

SHARP CORP - TO RECORD GAIN ON SALE OF NON-CURRENT ASSETS OF 75.4 BILLION YEN IN FY2024/25

SHARP CORP - WITH THE IMPACT OF THIS ASSET TRANSFER, PROFIT ATTRIBUTABLE TO OWNERS OF PARENT WILL EXCEED ORIGINALLY ANNOUNCED 5 BILLION YEN FORECAST

Source text: ID:nTSon90de9

Further company coverage: 6753.T

 (Reporting by Kantaro Komiya)

 ((Kantaro.Komiya@thomsonreuters.com;))