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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Sharp Corporation    6753   JP3359600008

SHARP CORPORATION

(6753)
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Sharp : Filed Patent Infringement Damage Lawsuits against OPPO and OPPO Japan

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03/09/2020 | 03:53am EDT

Sharp Corporation (hereinafter 'Sharp') filed damage lawsuits for patent infringement in the District Court Munich I and District Court Mannheim against Guangdong OPPO Mobile Telecommunications Corp., Ltd (hereinafter 'OPPO', Head Office: People's Republic of China) on March 6, 2020, and also Sharp filed damage lawsuits for patent infringement in the Tokyo District Court against OPPO Japan (Head Office: Shinagawa Ward, Tokyo, Japan) on March 6 and 9, 2020. Sharp alleges that OPPO and OPPO Japan infringe several of its LTE patents related to communication technologies implemented in smartphones.

Sharp views its patent portfolio as a major resource for its business development. Sharp will take necessary actions to protect its intellectual property rights.

Disclaimer

Sharp Corporation published this content on 09 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2020 08:37:02 UTC

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Financials
Sales 2021 2 272 B 21 731 M 21 731 M
Net income 2021 44 829 M 429 M 429 M
Net Debt 2021 516 B 4 930 M 4 930 M
P/E ratio 2021 17,2x
Yield 2021 1,30%
Capitalization 826 B 7 916 M 7 904 M
EV / Sales 2021 0,59x
EV / Sales 2022 0,56x
Nbr of Employees 52 876
Free-Float 37,9%
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Technical analysis trends SHARP CORPORATION
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
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Mean consensus UNDERPERFORM
Number of Analysts 11
Average target price 1 138,18 JPY
Last Close Price 1 353,00 JPY
Spread / Highest target 24,2%
Spread / Average Target -15,9%
Spread / Lowest Target -57,1%
EPS Revisions
Managers
NameTitle
Cheng Wu Tai Chairman & Chief Executive Officer
Katsuaki Nomura President, COO & Representative Director
Hse Tung Lue Outside Director
Yasuo Himeiwa Independent Outside Director
Chung-Cheng Lin Director
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