Sharp's revival plan plans to turn losses into profit in fiscal 2013

Sharp recently announced a new three-year (2013-2015 fiscal year) plan, intending to turn losses into profit in fiscal year 2013, achieving a net profit of 5 billion yen and operating profit of 80 billion yen; operating profit and net profit in fiscal year 2014 respectively 110 billion yen and 40 billion yen; operating profit margin of 5% in FY2015, operating profit and net profit of 150 billion yen and 80 billion yen respectively.

In order to achieve the above objectives, Sharp has established a revival plan: to improve the profitability of the liquid crystal business, to increase sales based on unique technologies such as IGZO, to expand overseas business, to focus on the ASEAN market; to recruit voluntary resignees, to control the adoption of new members, and to reduce Overtime cost; integrate and sell logistics bases in Japan and overseas; at the same time, reduce inventory, equipment investment and interest-bearing debt.

Sharp's fiscal year 2012 (as of March 31 this year) sales of 2,478.5 billion yen, a slight increase year-on-year; operating deficit of 146.2 billion yen; net loss of 545.3 billion yen. Sharp said that the net loss was large, mainly because the cost of manufacturing equipment and business restructuring were included in the fiscal year 2012.

Sharp's sales in the second half of fiscal 2012 increased by approximately 270 billion yen from the first half of the year, and operating profit reached 22.6 billion yen. On a quarterly basis, sales and operating profit were at the bottom of the period from April to June 2012. Since then, the three quarters have grown steadily. During the period from October to December, the operating profit has turned into a profit, and the recovery rate has accelerated since then.

Regarding the rumors of layoffs and factory sales, Sharp (China) said that Sharp had planned to lay off 5,000 people in fiscal 2012, which is now over; there is no decision to sell Nanjing color TV factory.

PTFE tapes, also known as thread seal tapes, are commonly used within the plumbing industry as a way to enhance the seal between two pipes. When you think about screwing two pipes together you can see that this will not provide the tightest of seals, especially when water or air tight seals are desired. This is where PTFE tape comes into play, as this type of tape fills in the spaces left behind in the threading in order to create the tightest seal possible. 

PTFE Fabric With Silicone Adhesive

Strong Adhesive Tape,Silicon Tapes,Silicone Fabric,PTFE Fabric With Silicone Adhesive

TAIZHOU YAXING PLASTIC INDUSTRY CO., LTD , https://www.yaxingptfe.com