Sharp’s solar operations reduce losses on restructuring and domestic sales boost

Facebook
Twitter
LinkedIn
Reddit
Email

Sharp Corporation reported PV product sales of 55.9 billion yen for its FYQ3 2012, up 9.4% compared to the previous quarter.

The company said that the increase in revenue for solar products was primarily due to increased demand within Japan that had included the domestic, commercial and utility-scale markets.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Continued restructuring of its solar manufacturing operations, notably it’s a-Si thin-film manufacturing resulted in a decline in quarterly losses for its solar segment.

Sharp reported a loss of 1.9 billion yen (US$21 million) in FY 3Q 2012, compared to a loss of 5.3 billion yen in Q2 and a 6.2 billion yen loss in the same quarter a year ago.

The company reiterated that it had reduced its global headcount by about 5,400 from March, 2012.

However, Sharp said that it was “reviewing our sales and production bases in Japan and overseas.”

Revised guidance

 

Based on operational improvements in growing sales, management have revised full-year guidance for its solar operations. The company expects sales to be around 245.0 billion yen with an operating loss of 11.0 billion yen.

Management said that its ‘solar solutions’ business would expand and strengthen in the future on the back of strong and continued demand in Japan.

Read Next

July 8, 2025
The Chinese government has moved to curb excessive competition in the PV sector and stabilise pricing as companies report growing losses.
July 8, 2025
Germany could install 500GW of new solar agrivoltaics (agriPV) capacity on its most 'suitable' land, according to Fraunhofer ISE.
July 8, 2025
Bulgarian-headquartered solar engineering company Sunotec has acquired 100% of the project company, SIA DSE Lazas Solar, from Danish Sun Energy. 
July 8, 2025
Donald Trump has issued an executive order to tighten restrictions on renewable energy tax credits just days after signing his “One, Big Beautiful Bill” act into law, which significantly cut federal support for renewables.
July 8, 2025
German solar glass manufacturer Glasmanufaktur Brandenburg (GMB) has filed for insolvency after posting monthly losses of €900,000 this year.
July 8, 2025
Energy consultancy JMK Research has forecast 28.3GW of utility-scale and residential solar PV to be installed in India during fiscal year 2026.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK