August 2, 2012 - Tokyo, Japan - Sharp Corporation President, Takashi Okuda, reports the company's quarterly loss during a press conference in downtown Tokyo. The company reported an operating loss of 94.1 billion yen ($1.20 billion USD) compared with 3.5 billion yen profit in the previous year. As Sharp continues to struggle with its television business, the company will cut 5,000 jobs in Japan and overseas by March of 2013 in an effort to stabilize the business. (Photo by Christopher Jue/AFLO)

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Sharp Corporation Reports First Quarter Financial Results
August 2, 2012 - Tokyo, Japan - Sharp Corporation President, Takashi Okuda, reports the company's quarterly loss during a press conference in downtown Tokyo. The company reported an operating loss of 94.1 billion yen ($1.20 billion USD) compared with 3.5 billion yen profit in the previous year. As Sharp continues to struggle with its television business, the company will cut 5,000 jobs in Japan and overseas by March of 2013 in an effort to stabilize the business. (Photo by Christopher Jue/AFLO)

Filename: XJRB-Sharp_Reports_First_Quarter_Financial_Results_IMGL1007.jpg
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Source: AFLO
Date 2 Aug 2012
Location: Tokyo Japan
Credit: Christopher Jue
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Model Release: No
Property Release: No
Restrictions: JAPAN OUT, NO THIRD PARTY SALES.
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Keywords:
Sharp
Sharp Corporation
Takashi Okuda
profit
forecast
loss
net loss
operating loss
financial
financial crisis
electronics
consumer
consumer electronics
television
business
Tokyo
Japan