Sharp (6753) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, were ¥1,417.6 billion, a 14.5% decrease year-over-year, but operating profit more than doubled to ¥40.9 billion, and profit attributable to owners of parent reached ¥67.5 billion, reversing a prior-year loss.

• Operating profit in the Brand Business achieved double-digit growth year-over-year, despite lower sales due to declining demand and increased competition.

• Comprehensive income surged to ¥106.8 billion from ¥3.4 billion year-over-year, reflecting significant recovery.

• Ordinary profit and bottom-line profit improved significantly compared to the same period last year.

Financial highlights

• Operating profit increased 101.0% year-over-year to ¥40.9 billion, while net sales declined 14.5%.

• Profit attributable to owners of parent was ¥67.5 billion, compared to a loss of ¥3.6 billion in the prior year.

• Basic earnings per share improved to ¥103.98 from a loss of ¥5.53.

• Gross profit margin improved, with gross profit at ¥317.2 billion on sales of ¥1,417.6 billion.

• Equity ratio improved to 17.8% by end of December 2025.

Outlook and guidance

• Full-year net sales forecast: ¥1,870.0 billion (down 13.4% year-over-year).

• Full-year operating profit forecast: ¥45.0 billion (up 64.6% year-over-year).

• Full-year bottom-line profit forecast: ¥53.0 billion (up 46.8% year-over-year), factoring in ¥12.2 billion in business restructuring expenses.

• Ordinary profit guidance raised to ¥52.0 billion.

• Management continues to focus on global expansion and business transformation to enhance profitability and growth.