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    6753   JP3359600008

SHARP CORPORATION

(6753)
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Delayed Japan Exchange  -  01:00:00 2023-01-27 am EST
1073.00 JPY   +1.61%
01/12Sharp acquires 'AA' in MSCI ESG Ratings
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01/11Sharp : acquires "AA" in MSCI ESG Ratings
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01/05Sharp : Announces Launch of Flagship 4K TV, AQUOS XLED, in U.S. in Spring 2023
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Sharp : Indoor Photovoltaic Device, LC-LH Wins the Minister of Economy, Trade and Industry Award in CEATEC AWARD 2022

10/19/2022 | 04:13am EST

Sharp Corporation is proud to announce that its indoor photovoltaic device, LC-LH (Liquid and Crystal Light Harvesting) has won the Minister of Economy, Trade and Industry Award in CEATEC AWARD 2022, an award of the biggest IoT exhibition in Japan, CEATEC.

CEATEC AWARDS 2022 commends technologies, products and services assessed by CEATEC AWARDS 2022 Panel of Judges to be highly innovative and superior in terms of their academic and technological perspectives as well as their marketability and future potential, among those displayed in the exhibition.

The indoor photovoltaic device, LC-LH is a fusion of dye-sensitized solar cells*1that can convert indoor light into electricity with high efficiency, and liquid crystal display technology cultivated over decades by Sharp. It has about twice the power-generating efficiency of solar cells used in clocks and calculators (in indoors*2) and can achieve high power levels even with a small surface area. Also, it enables the creation of convenient products that eliminate the hassle of battery replacement and wiring, and is suitable for products required to be small and easy for installation such as electronic shelf labels, beacons*3, IoT products including sensors for healthcare and environment, remote controllers, mobile batteries and etc. Furthermore, replacing disposable batteries with LC-LH makes it possible to reduce the environmental burden caused by battery disposals, leading to the creation of convenient and environment friendly products. The production of high-performance, high-quality, and low-cost LC-LH utilizing facilities of LCD plant is expected to commence in the fiscal year 2023.

Sharp remains committed to contributing to the realization of carbon neutral while continuing to provide new value to the world through new products, services, and solutions that support people's lives and businesses.

*1 A type of organic solar cell that converts light absorbed by dyes into electricity.

*2 Compared with amorphous silicon solar cells commonly used for indoor applications under illuminance of 500 lux.

*3 A radio wave transmitter used in environments where radio waves are difficult to reach, such as underground malls, for applications such as identifying locations by receiving radio waves emitted from beacons as an alternative means.

Disclaimer

Sharp Corporation published this content on 17 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2022 08:11:56 UTC.


ę Publicnow 2022
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Financials
Sales 2023 2 553 B 19 649 M 19 649 M
Net income 2023 13 797 M 106 M 106 M
Net Debt 2023 411 B 3 162 M 3 162 M
P/E ratio 2023 50,0x
Yield 2023 3,15%
Capitalization 697 B 5 362 M 5 362 M
EV / Sales 2023 0,43x
EV / Sales 2024 0,42x
Nbr of Employees 47 941
Free-Float 33,9%
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Mean consensus UNDERPERFORM
Number of Analysts 11
Last Close Price 1 073,00 JPY
Average target price 845,45 JPY
Spread / Average Target -21,2%
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Managers and Directors
Po-Hsuan Wu President, CEO & Representative Director
Mototaka Taneya Managing Executive Officer, GM-R&D Business
Yasuo Himeiwa Independent Outside Director
Yutaka Nakagawa Independent Director
Masahiro Okitsu Representative Director & Executive Vice President
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