Whither Japan Stocks: Sharp’s Three Year Recovery Plan Leaves Little Room For Error

President Takahashi Kozo, who joined Sharp in 1980, was elevated from vice president to president in June 2013 to rescue a company that had massively over-invested in LCD display and TV manufacturing capacity. Owing largely to this strategic mistake, the company had just announced a record JPY 545 billion (USD 4.5 billion) loss in FY 2012, following a JPY 376 billion (USD 3.1 billion) loss the year before.

from Forbes – Business http://ift.tt/1KR6Hdb
via Abogado Aly Business Consulting

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