Tagged With "Sharp"

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Re: Sharp to sell "talking" home appliances in Japan

Art Post ·
operational status and reminding them to do daily chores. My wife would shoot me if I ever brought home a talking vacuum, I think I can remember that Sharp either had a talking copier or was planning to introduce one years ago, that went no where and the last thing I want is some plastic & tin headed device talking to me.
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Re: Sharp Expands Its Reach into the Production Space with the Introduction of the Pro Series Color Document Systems

Art Post ·
MX-6500N | MX-7500N Brochure MX-6240N | MX-7040N | MX-6500N | MX-7500N VPAT ® MX-6500N | MX-7500N Fiery Specification Sheet MX-6500N | MX-7500N Specification Sheet
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Re: Sharp Launches New Line of Mid-high Volume Monochrome Workgroup Document Systems

Art Post ·
Wow, some of these features are pretty nice!
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Re: Sharp "The Good, the Bad, and the Ugly"

Ken Stewart ·
Art, I'm in Japan this week meeting with key clients and have asked this question to several. In typical fashion, no one wants to speculate on what will happen. Is this a good or bad sign? Is Sharp changing a good sign? If it doesn't is this bad, or does it mean it is continuing its commitment to our industry? Since the year 2000, 50% of Fortune 500 companies have fallen from its ranks--no longer considered leaders (by at least that standard). This is most often due leadership...
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Re: Sharp expects to post 180 billion yen loss in current year: report

Art Post ·
June 5, 2015 Company name: Sharp Corporation Name of representative: Kozo Takahashi President & Director (Code: 6753) Sharp's Comment on media reports regarding speculations on Sharp's consolidated financial forecast On June 5, there were media reports regarding Sharp’s consolidated financial forecast for the year ending March 2016. However these reports are not based on Sharp’s announcement. Furthermore, there is no fact of Sharp making decision to record the loss for the businesses...
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Re: Sharp expects to post 180 billion yen loss in current year: report

Art Post ·
...whoa for 2015!! Where are they going to get that loot from?
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Re: Sharp Restructuring Plan Fails to Impress

Art Post ·
Sharp gains $1.9 billion bailout but restructuring steps disappoint Japan's Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals. But while new restructuring measures will include 5,000 job cuts or 10 percent of its global workforce as well as the sale of its headquarters, the steps were seen as not going far enough. Chief...
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Re: Sharp's Default Risk Jumps as Government Rescue Prospects Fade

Art Post ·
When reading the entire article, Sharp is really in a bad way.
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Re: Sharp's Default Risk Jumps as Government Rescue Prospects Fade

Jason H ·
Certainly seems like the end is near.
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Re: Sharp's Default Risk Jumps as Government Rescue Prospects Fade

John Saramak ·
That produced some very good PP devices, however they don't seem to compete will in that league. I wonder how bad that investment missed the mark?
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Re: Sharp Poised to Miss First-Half Forecast, Cut 2016 Target

Czech ·
Why are they changing the target?? Makes zero sense. Shouldn't they find a way to hit the target instead of lowering it just to impress the shareholders?
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Re: Sharp Poised to Miss First-Half Forecast, Cut 2016 Target

Art Post ·
How true, I agree
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Re: Sharp eyes LCD shift to business products

Art Post ·
It's now obvious that imaging products are not a "core" business product for Sharp
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Re: Japan’s Sharp Cutting It Close

Art Post ·
I was able to read this on my ipad. Interesting point that rarely does a Japanese company go bankrupt. Another interesting point is that the banks will gain additional share in Sharp. The last point, in all of the recent articles, there is no mention to the imaging division.
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Re: Japan’s Sharp Cutting It Close

Art Post ·
read this, even better than the Wall Street Journal!! http://www.bloomberg.com/news/...-options-for-funding
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Re: Out of desperation, Sharp begs its own workers to buy Sharp products

GIntel ·
I don't have a problem with this, I know people who work for Scott tissue who would rather use their sleeve than blow their nose on a Kleenex. My company buys PCs from the brands who are also our clients. Etc, I almost feel like if you have pride in your company and brand you should want to go out of your way to buy the products. Maybe not the Sharp Polaris Pro series though... Have a great weekend everyone,
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Re: Out of desperation, Sharp begs its own workers to buy Sharp products

GIntel ·
Just read the article, didn't know employees had "suggested" purchase values... I take it back!
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Re: Sharp Corp Begs Employees to Buy Sharp Products

andrewjones ·
Thanks for your email. I am currently out of the office, returning Monday, November 30. I'll have limited access to email and will return your message as soon as possible. All the best, Andrew Jones Muratec America, Inc.
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Re: Out of desperation, Sharp begs its own workers to buy Sharp products

Art Post ·
Hey, what a great idea, maybe all of the USA Sharp execs could buy their own copiers for their homes, that would surely give them a big boost in Japan. I would buy the RoBoHon if it was on the market! It's cool!
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Re: It's A Deal: Foxconn Is Buying Sharp Corporation

Art Post ·
From what I've read, it seems that both parties have agreed in principal to move forward with the deal and have the deal closed by the end of this month. If and when that happens, what will Foxconn due with the Imaging Business Unit? Will Samsung step in and buy the business unit from Foxconn? Does Foxconn really want to be in the copier business? Thoughts?
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Re: Can you say Shoshiba, or how about Sharhiba? Sharp & Toshiba to Merge?

Art Post ·
Heard of some pretty crazy stuff but this is very interesting...
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Re: It's A Deal: Foxconn Is Buying Sharp Corporation

Anders And ·
As a long term investment, the copier business is a dead end, maybe they will sell the copier/printer division? HP?
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Re: Sharp Corporation "What Happens Now?"

Czech ·
Andy posted this today: http://industryanalysts.com/22...;utm_campaign=buffer Looks like Foxconn is going to invest $450M into the Business Solutions Division worldwide. I don't think they plan on selling it, especially if it's one of their more profitable divisions.
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Czech posted: Andy posted this today: http://industryanalysts.com/22...;utm_campaign=buffer Looks like Foxconn is going to invest $450M into the Business Solutions Division worldwide. I don't think they plan on selling it, especially if it's one of their more profitable divisions. Well what would you expect from IA, since Sharp is possibly of their accounts? I knew there would be a positive spin for the dealers. The entire deal is now in jeopardy with billions of debt that Sharp did not...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
So, if you read the letter that IA got from SIICA today, YOU need to click on the link, it's hilarious, make sure you read the very top line highlighted in green!!!! LMAO
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
That green area is hilarious. I tend to side with Art on this. That's propaganda to keep the dealers at bay for the time being hoping and praying they don't start jumping ship. I wouldn't have expected anything less. IA has never posted one thing negative about a manufacturer that I can remember.
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Jason, that was a great chuckle hope others will click on the link! Here is it for those that didn't go to the IA site. This is the line on the IA site: More precise detailed information can be reviewed on Sharp Corporation’s website. <by CLICKING HERE .>
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
This was posted on Forbes today. Gou had put a 1 Billion yen or dollars thinking it was yen if he walks away. He just may walk on this one. Not so fast. After Sharp’s board agreed to accept Foxconn’s bid on Thursday, the acquirer stepped away. Foxconn, in a written statement, reportedly said it would delay completing the deal because it needed to study “new material information” released by Sharp. That information includes an additional $3.1 billion in contingent liabilities not previously...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
I was just trying to find another thread about why Foxconn has taken a step back. It seems that Sharp disclosed a much smaller amount on their 2015 fiscal report for contingent liability. When foxconn received the updated contingent liabilities it was 20X times what was reported. I will try and find the link again. But, I know what really happened, Sharp many months ago outsourced their accounting department to Toshiba! har har, that's a joke!
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Re: Sharp Accepts Foxconn’s $6.24 Billion Takeover Offer

Art Post ·
Well, it took long enough. I'm sure this brought a smile to Vince's face. I see that he's on the site right now. What happens NOW? Initial reports stated that Sharp Execs would kept on board, the question is how long will their tenure last. If I were Terry Gou, I will offer them an additional severance package to leave early. You don't want them to still mismanage the company. Another report stated that the business units would be kept intact. It may be true and may not be true, we'll find...
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Re: Sharp Corporation "What Happens Now?"

jredmon ·
Samsung should buy Xerox and get rid of the freeloader Ursula Burns!!! I know of very few if any companies that reward a CEO for making a company worse off now than when they took over!!!
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
everyone jumped on the bandwagon on print is dead, OMG we need to do something! OMG the sky is falling!! Print is not dead, print is migrating, we just need to follow it.
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
My gut tells me the imaging business will be sold off to someone soon. I know Samsung has more money than god but will the govt allow it to happen? Canon, Ricoh, Kyocera, and KM cried when that was possible a while back and it was blocked by the Japanese govt. I hate to say it but if your a SAMSUNG dealer like I am, I'm licking my chops to see what happens. Sharp bought the biggest independent dealer in our market about 6 or 7 years ago and ran it in the ground so I will have no problem...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Jason "I know Samsung has more money than god but will the govt allow it to happen?" what government are referring to?
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Re: Sharp Corporation "What Happens Now?"

jredmon ·
The Japanese government stopped it before...No longer a Japanese company!!!...Open to the highest bidder!!!
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Can't wait to hear the spin from Sharp here in the US tomorrow.
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
Art, all I heard from our Ricoh, Canon, and Samsung reps were that when Sansung put a bid in for the copier business all the copier companies pleaded with the Japanese govt to not allow Samsung to buy them because it had the potential to put them out of business. I can't confirm it personally but canon and Ricoh people have told me that.
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
I also cannot wait to hear what kind of spin SIICA puts on it in the coming days. My guess is damage control because I have said in posts I feel like how many hits can your ship take before it sinks....I think they are getting close to that last hit....I can only imagine how they will sell this news to their dealers and customers.
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Re: Sharp Corporation "What Happens Now?"

SalesServiceGuy ·
Not so fast on the speculation! Foxconn has put off signing the purchase agreement with Sharp based upon just revealed documents suggesting a contingent liability into the many billions of yen. A contingent liability is a potential liability...it depends on a future event occurring or not occurring. For example, if a parent guarantees a daughter's first car loan, the parent has a contingent liability. If the daughter makes her car payments and pays off the loan, the parent will have no...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
SalesServiceGuy posted: Not so fast on the speculation! Foxconn has put off signing the purchase agreement with Sharp based upon just revealed documents suggesting a contingent liability into the many billions of yen. A contingent liability is a potential liability...it depends on a future event occurring or not occurring. For example, if a parent guarantees a daughter's first car loan, the parent has a contingent liability. If the daughter makes her car payments and pays off the loan, the...
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Re: Sharp Corporation "What Happens Now?"

SalesServiceGuy ·
According to an Asian financial expert on CNBC this AM, the Foxconn deal is actually very destructive to Sharp shareholder value and not a good thing. Foxconn will gain control of 2/3rds of Sharp. Before the sale can be finalized and controlling shares transferred it has to get the approval of Japanese regulators who may not be keen to let let the first major Japanese Corporation fall into the hands of a non Japanese company.
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
SalesServiceGuy posted: According to an Asian financial expert on CNBC this AM, the Foxconn deal is actually very destructive to Sharp shareholder value and not a good thing. Foxconn will gain control of 2/3rds of Sharp. Before the sale can be finalized and controlling shares transferred it has to get the approval of Japanese regulators who may not be keen to let let the first major Japanese Corporation fall into the hands of a non Japanese company. I actually read the oppo last night. lol...
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Re: Sharp Corporation "What Happens Now?"

Bill Siderys ·
Czech posted: Andy posted this today: http://industryanalysts.com/22...;utm_campaign=buffer Looks like Foxconn is going to invest $450M into the Business Solutions Division worldwide. I don't think they plan on selling it, especially if it's one of their more profitable divisions. I always was a car before I sell it.
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Re: Sharp Corporation "What Happens Now?"

Bill Siderys ·
Jason H posted: Art, all I heard from our Ricoh, Canon, and Samsung reps were that when Sansung put a bid in for the copier business all the copier companies pleaded with the Japanese govt to not allow Samsung to buy them because it had the potential to put them out of business. I can't confirm it personally but canon and Ricoh people have told me that. Samsung could try to grow the business one dealer at a time or buy the market share via another manufacture. Samsung is creating a product...
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
Bill Siderys posted: Jason H posted: Art, all I heard from our Ricoh, Canon, and Samsung reps were that when Sansung put a bid in for the copier business all the copier companies pleaded with the Japanese govt to not allow Samsung to buy them because it had the potential to put them out of business. I can't confirm it personally but canon and Ricoh people have told me that. Samsung could try to grow the business one dealer at a time or buy the market share via another manufacture. Samsung is...
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Sharp may cut 3,000 jobs in Japan (1,000 in photocopier division)

Art Post ·
The company will include the job cuts in its business reconstruction program to be announced as early as this summer. Sharp, unable to reverse its deteriorating earnings, has made it an urgent task to reduce fixed costs. It may implement the job cuts by the end of this fiscal year at the earliest. Since the management crisis at Sharp first surfaced, the company has twice implemented large-scale business restructuring measures aimed at reducing labor costs. read more here
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Foxconn Founder Warns Layoffs Are Needed to Revive Sharp

Art Post ·
Foxconn founder Terry Gou said there would have to be layoffs at Sharp to turn around the ailing Japanese company, but pledged that wages would rise and profit-sharing would again be the norm. “Unfortunately, a close review of the company’s operations makes it clear that the level of inefficiency throughout Sharp means that a turnaround … can only take place if there is a reduction in costs, and that comes with a very regrettable need to reduce Sharp’s workforce,” Gou wrote in an open...
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Re: Foxconn Founder Warns Layoffs Are Needed to Revive Sharp

Art Post ·
gotta wonder how far the cuts will go, a report yesterday stated Sharp may cut 1,000 jobs from the photocopier business unit
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'Sharp needs a miracle to recover,....

Art Post ·
Sharp , one of Japan's oldest consumer brands, "needs a miracle" to recover from its current struggles, global investment banking firm Jefferies said on Friday. Operating losses more than tripled to $1.5 billion for the fiscal year that ended in March, the Osaka-based firm reported on Thursday, blaming sliding demand for its liquid crystal display (LCD) panels, with sales of LCD televisions slumping an annual 23 percent during the year. Taiwan's Hon Hai Precision or Foxconn , which paid $3.5...
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