OSAKA -- Sharp likely logged a group net loss of around 300 billion yen ($2.81 billion) for the year ended March 31, weighed down by the sagging display panel business and heavy extraordinary losses.
The figure would mark a worsening from the 222.3 billion yen loss of fiscal 2014. Sharp gave no net profit guidance for last fiscal year but did forecast an operating loss of 170 billion yen. Liabilities are widely thought to have exceeded assets on a consolidated basis by fiscal year-end. read the rest here