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

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

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

September 15, 2025
Advances in edge-based artificial intelligence are helping make solar and storage interoperable by tackling the data challenge, writes Andrew Foster.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines