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30 SHARP CORPORATION
Financial Section
Financial Review
Sharp Corporation and Consolidated Subsidiaries
Operations
Consolidated net sales for the year ended March 31, 2013
amounted to ¥2,478,586 million, up 0.9% from the previous year.
Financial Results
Cost of sales increased by ¥174,161 million over the previous
year to ¥2,218,003 million, and the cost of sales ratio rose from
83.2% to 89.5%.
Selling, general and administrative (SG&A) expenses declined
by ¥42,711 million to ¥406,849 million, and the ratio of SG&A
expenses against net sales fell from 18.3% to 16.4%, compared
with the previous year. SG&A expenses included R&D expendi-
tures of ¥32,508 million and employees’ salaries and other ben-
efits expenses of ¥110,009 million.
As a result, the operating loss amounted to ¥146,266 million,
compared with the loss of ¥37,552 million in the previous year.
Other expenses, net of other income, resulted in a net loss
position and amounted to ¥319,921 million.
Accordingly, the loss before income taxes and minority interests
was ¥466,187 million, compared with the loss of ¥238,429 mil-
lion in the previous year, and the net loss was ¥545,347 million,
compared with the loss of ¥376,076 million in the previous year.
The net loss per share of common stock was ¥489.83.
Segment Information
Sales in the Consumer/Information Products segment declined
by 17.9% over the previous year to ¥1,339,741 million, and the
operating income fell 8.5% to ¥46,695 million.
Sales in the Electronic Components segment increased by
16.3% to ¥1,376,113 million, and the operating loss widened
from ¥54,699 million to ¥159,007 million.
0
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Consumer/Information Products
Electronic Components
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Sales
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Ratio to net sales [right axis]
Cost of Sales
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Net Sales
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Operating income (loss)
Net income (loss)
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Operating Income (Loss)/Net Income (Loss)
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