Sharp is continuing considerations for further business restructuring without exception and we intend to announce our ideas, including a medium-term plan, within fiscal 2012.
We deeply apologize for the fact that the additional posting of large losses in the second quarter has significantly affected the value of shareholders’ equity, and that we were once again forced to downwardly revise the forecast for fiscal 2012, as we did in the first quarter.
We realize that the primary issue we face today is to ensure profit recovery by accelerating the business restructuring. Sharp will make a concerted effort to implement “realizing positive operating income in the second half of fiscal 2012” and “realizing positive net income in fiscal 2013” as our commitment.