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Reply to "Sharp has Serious Money Problems!"

Kyocera Corp (6971.T)has a very high current share price of 6971 Yen, about average for the last 12 months. By comparison Sharp is 178 Yen, 1/3rd the value of a year ago. Toshiba is 282 Yen, 90% of the value a year ago.

Kyocera is in partnership with several other Japanese Corp to build a 70MW solar power project at a cost of $307M USD. This would become Japan's largest plant supplying approx 22,000 homes.

Kyocera just established a special purpose company in partnership with a leasing company which will be engaged in the sale of electricity through solar power.

Interest in alternative energy has risen in Japan since the radiation crisis triggered by the destruction of Fukushima nuclear power plant in last year's earthquake and tsunami.

All but one of the nation's 54 reactors are shuttered, with the government struggling to persuade a wary public that it is safe to restart them.

Solar capacity in Japan has risen to more than 3,500 megawatts, helped by government subsidies for solar panels on homes, though it meets less than 1 percent of the nation's power demand and the capacity is less than a quarter that of Germany.

Kyocera, a manufacturer of solar panels, could need Sharp's solar power business as it is going to have to supply a lot of solar panels to meet the needs its $307M project.

Maybe Sharp copiers are not the primary interest of Kyocera?
Last edited by SalesServiceGuy
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