 Logo since 1990 | |
.jpg) Headquarters at its factory inSakai-ku, Sakai,Osaka Prefecture | |
Native name | シャープ株式会社 |
|---|---|
Romanized name | Shāpu kabushiki gaisha |
| Formerly | Hayakawa Metal Works (1924–1942) Hayakawa Electric Industry Co., Ltd. (1942–1970) Sharp Electric Co. (spin-off) (1956–1967) |
| Company type | Public |
| TYO:6753 Nikkei 225 Component | |
| Industry | Consumer electronics |
| Founded | 15 September 1912; 113 years ago (1912-09-15) Tokyo, Japan[1] |
| Founder | Tokuji Hayakawa[1] |
| Headquarters | Sakai-ku,Sakai,Osaka Prefecture, Japan |
Area served | Worldwide |
Key people | Po-Hsuan Wu (president and CEO) Masahiro Okitsu (Executive Vice President) |
| Products | Televisions,audiovisual,home appliances,air conditioner, information equipment,ICs,solar cells,mobile phones,fax machines,electronic components, calculators, LCD panels,personal computers,pumps |
| Revenue |  ¥2.27 trillion (2020)[2] |
 ¥52.77 billion (2020)[2] | |
| ¥20.96 billion (2020)[2] | |
| Total assets | ¥1.83 trillion (2020)[2] |
| Total equity | ¥364.59 billion (2020)[2] |
| Owners |
|
Number of employees | 46,206 (2023)[3] |
| Subsidiaries | Dynabook Sharp NEC Display Solutions (66.0%) List
|
| Website | global.sharpsharpconsumer |
Sharp Corporation (シャープ株式会社,ShāpuKabushiki-gaisha) is a Japanese electronics company.[4][5] It is headquartered inSakai, Osaka, and was founded byTokuji Hayakawa in 1912 inHonjo, Tokyo, and established as the Hayakawa Metal Works Institute inAbeno-ku, Osaka, in 1924.[6] Since 2016, it is majority owned by the Taiwan-based manufacturer Hon Hai Precision Industry Co., Ltd., better known asFoxconn.[7][8]
Sharp makes and has made throughout its history various differentconsumer electronic products, including kitchen appliances such asmicrowave ovens, cookers, washing machines andrefrigerators; home appliances such assolar cells,vacuum cleaners,air purifiers dehumidifier and lighting; home and office devices such asprinters,computer displays,TV sets,camcorders,VCRs, as well ascalculators and various audio products such asradios,audio systems andwireless speakers.[9][10]
Sharp's net sales reached 2.55 trillionyen in fiscal year 2022 (ending 29 February 2024), according toStatista. This represents a slight increase from the previous year's figure of 2.5 trillion yen.[11]
In 1912,Tokuji Hayakawa founded a metal workshop inHonjo, Tokyo. The first of his many inventions was a snap buckle named 'Tokubijo'. Another of his inventions was the Ever-Ready Sharpmechanical pencil in 1915. The product became one of the first internationally available mechanical pencils (while concurrent US design replaced it soon and became a modern type), and due to this big success the Sharp Corporation derived its name from it.[12] After the pencil business was destroyed by the1923 Great Kantō earthquake, the company relocated toOsaka and began designing the first generation of Japanese radio sets. These went on sale in 1925.
The company was established as "Hayakawa Metal Works" in 1924, in Tanabe-cho,Osaka. In 1942, the name was changed to "Hayakawa Electric Industry Company".[citation needed]
In 1953, Hayakawa Electric started producing the first Japan-madeTV sets (the "Sharp TV3-14T").
In 1964, the company developed the world's firsttransistorcalculator (the Sharp CS-10A), which was priced at JP¥535,000 (US$1,400). It took Sharp several years to develop the product as they had no experience in making computing devices at the time. Two years later, in 1966, Sharp introduced its firstIC calculator using 145Mitsubishi Electric-made bipolar ICs, priced at JP¥350,000 (about US$1000). Its firstLSI calculator was introduced in 1969. This was the first pocketable calculator priced at less than JP¥100,000 (less than US$300), and turned out to be a popular item.[13] Also in the same era the company introduced the first microwave oven with a turntable between 1964 and 1966. The company was renamed Sharp Corporation in 1970.
Sharp produced the firstLCD calculator in 1973. Sharp had a working relationship withNintendo during the 1980s, and was granted licensing rights for the manufacture and development of theC1 Famicom TV (1983), theTwin Famicom (1986), theSharp Nintendo Television (1989), theFamicom Titler (1989), and theSuper Famicom Naizou TV SF1 (1990). All of these units are considered collector's items on the secondary market. One of the company's main inventors of LCD calculators wasTadashi Sasaki.[14]
In the 1970s and 1980s Sharp produced 8-bit home computers known asSharp MZ andSharp X1 based onZilog Z80, and even a 16/32-bit gaming computerX68000 based onMotorola 68000. The PC (Pocket Computer) series of calculators produced by Sharp in the 1980s hadBASIC programmability, and had fullQWERTY keyboards.
Sharp introduced low-cost microwave ovens affordable for residential use in the late 1970s. Sharp was known as a mass marketed electronics manufacturer, known for quality, durability and affordability, however Sharp ventured into the high end stereo market in 1976 with the introduction of high end receivers, amplifiers, speakers, turntables and cassette recorders. The Optonica line as it was called, consisted of high quality and technically advanced components, that was expanded in 1979, to cover a broader selection of high end equipment. During this run, Sharp introduced digital technology to some of the Optonica products, along with the traditional analogue products, and offered a complete selection of models ranging from low power high end receivers to very powerful models. The line was again changed, in 1981, and moved mainly into digital high end, complete stereo systems with advanced technological features setting the trend towards the digital age. The line was discontinued after 1981, but the Optonica line was again re-introduced in the late 1980s for a high end line of television receivers and higher quality mass market audio products such as VCRs, surround sound receivers, CD cassette boom boxes, and portable cassette players.
The first wall-mountable TV was introduced by Sharp in 1992.[15]
Sharp's Mobile Communications Division created the world's first commercialcamera phone, theJ-SH04, in Japan in 2000.[16][17]
Since 2000, Sharp heavily invested in LCD panel manufacturing plants: Kameyama in 2004, Sakai in 2009. The Sakai plant is still the only 10th generation LCD manufacturing plant on the globe and its best fit for production of 60-inch or larger panels. However, the 2008 financial crisis and strong Yen (especially against Won) significantly lowered world demand for Japanese LCD panels. Furthermore, the switch to digital TV broadcasting was virtually completed in Japan by the middle of 2011. ViaJapanese government issued coupons for digital TV sets, consumers were encouraged to purchase digital TV sets until March 2011. This hit the Japanese LCD TV market, reducing it almost by half from 2010. All of those events strongly hit Sharp's LCD business. As the result, the Sakai LCD plant suffered a reduced operating rate until Q3 2012.
In June 2005 Sharp produced the largestLCD television at the time, with a display of 65 inches. It went on sale in August 2005 in Japan.[18] From 2005 to 2010 Sharp was the biggest mobile phone brand in Japan. Since then it has been constantly switching places through financial quarters against rivalsFujitsu,Apple andSony. Sharp acquired a controlling stake inPioneer Corporation in 2007.[19] At CES 2007, Sharp introduced a prototype largest LCD TV, with a screen size of 108 inches.[20] In July 2008 Sharp announced that the model will go into production for the Japanese market.[21]
In 2008, Sharp collaborated with Emblaze Mobile on theMonolith, "…an ambitious project to design the ultimate holistic mobile device".[22] The project was never brought to market. Key software developers were later picked up by other companies. On 25 June 2009, Sharp and Pioneer agreed to form a joint venture comprising their optical businesses, called "Pioneer Digital Design and Manufacturing Corporation".[23] In 2010, Sharp stopped developing PCs to focus on tablets.[24]
In 2012 Sharp unveiled the largest production TV at the time, with a screen size of 80 inches. It is part of theAquos range and went on sale in Japan at around JP¥950,000.[25]
2012 was the 100th anniversary for Sharp but it announced the worst financial record in its history, with a loss of JP¥376 billion (US$4.7 billion) in April 2012. In September, Sharp announced job cuts.[26] In 2014, Sharp was able to stem losses and deliver a positive net income for its first quarter results.[27]
In March 2012 the Taiwan-based electronics company Hon Hai, trading asFoxconn, agreed to acquire a 10% stake in Sharp Corporation for US$806 million, and to purchase up to 50 percent of the LCD displays produced at Sharp's plant in Sakai,Japan.[28] In June 2012, Hon Hai chairmanTerry Gou paid money for Sakai plant and got 50% ownership of the plant. However, since the announcement in March, Sharp's share price continued declining and reached JP¥192 on 3 August. Sharp deal's price was originally JP¥550 per share. Both companies agreed to renegotiate the share price, but they never came to an agreement.[29]
Sharp led the market share of mobile phones in the Japanese market in April 2012.[30] Sharp announced it accepted a US$100 million investment from Samsung in March 2013.[31] In 2013 Sharp developed the most efficient solar cell, converting a record 44.4% of sunlight into electricity.[32] In 2013, Sharp Corporation was the tenth-largest, by market share,television manufacturer in the world.[33] In Japan it has been a long-time leader.[34]
After years of huge losses in its overseas TV business, Sharp sold its Mexico TV factory to Chinese electronics manufacturerHisense for $23.7 million in July 2015. The sale includes rights to use the Sharp brand name and all its channel resources in North and South America, except Brazil. This meant that Sharp has exited the TV market in theAmericas (exceptBrazil).[35] It was a sign showing Sharp's rapid decline in that market, where it once was one of the leading manufacturers forLCD TVs a decade earlier.[36] Sharp's television market share inNorth America was 4.6% in 2015.[37] However Sharp remains the biggest television brand in the Japanese market.[34]
In October 2015 Sharp announced a smartphone that also works as a robot, called RoboHon. It would be sold in 2016 inJapan.[38] Sharp began selling the world's first commercially available TV with a8K resolution in October 2015.[39] The 85-inch LV-85001 model costs JP¥16 million (US$133,000). Japanese public broadcasterNHK will have test broadcasts at 8K starting 2016, with regular services expected by the time of theTokyo 2020 Olympics.[40][41]
On 25 February 2016,Foxconn announced its intent to acquire a 66% controlling stake in Sharp for 700 billion yen (US$6.24 billion).[42] However, the deal was briefly delayed due to unforeseen financial liabilities; on 30 March 2016, Foxconn announced that it had agreed to pay US$3.5 billion for the stake instead, Foxconn wished to use the purchase to expand into direct-to-consumer product sales rather than serving as acontract manufacturer.[43] In September 2016 Sharp unveiled the Sharp INTELLOS Automated Unmanned Ground Vehicle (A-UGV) at the ASIS International 62nd Annual Seminar and Exhibits (ASIS 2016) in Orlando,Florida.[44]
In March 2017, demolition of Sharp's former headquarters began.[45] On 28 April 2017, Sharp turned its first operating profit in three years, citing the restructuring efforts by Foxconn.[46] In June 2017, Sharp sued its Chinese licenseeHisense for damaging the reputation of its brand, seeking an exit from its licensing agreement. Sharp accused the company of producing "shoddily manufactured" televisions under the Sharp name, including products they believed were in violation of U.S. safety standards forelectromagnetic radiation, and the subject of deceptive advertising over their quality. Hisense denied that it engaged in these practices, and stated that it planned to defend itself in court and "will continue to manufacture and sell quality televisions under the Sharp licensed brands."[47][48] In February 2018, Sharp dropped the lawsuit against Hisense.[49][50][51] In 2019 Sharp re-acquired its own brand for use on TV's in the US market.[52][53] In March 2020, in response to thecoronavirus pandemic, Sharp announced it would use a TV factory with high-end clean rooms to manufacture surgical masks.[54][55] Sharp acquired the remaining shares of Dynabook fromToshiba in August 2020, makingDynabook Inc. a wholly owned subsidiary of Sharp. Sharp had first purchased Dynabook fromToshiba in 2018.[56]
Core technologies and products includeLCD panels,solar panels,mobile phones, audio-visual entertainment equipment,video projectors,Multi-Function Printing Devices,microwave ovens,air conditioners,air coolers,air purifiers,cash registers,CMOS andCCD sensors, andflash memory.
The first commercialcamera phone was also made by Sharp for the Japanese market in November 2000. Recent products include the ViewCam, the Ultra-Litenotebook PC, theZauruspersonal digital assistant,Sidekick 3, and theAQUOS flat-screen television.
Sharp manufactures consumer electronic products, includingLCD televisions, sold under theAquos brand,mobile phones,microwave ovens,Home cinema and audio systems,air purification systems,fax machines andcalculators.[57]
For the business market, Sharp also producesprojectors andmonitors and a variety ofphotocopiers andLaser Printers, in addition to electroniccash registers andPoint of sale technologies.[58]
For the private security industry, Sharp produces an Automated Unmanned Ground Vehicle (A-UGV) namedINTELLOS, which utilizes a navigation surveillance platform also developed by Sharp. The system combines automation, mobility, and a variety of monitoring and detection capabilities to extend the impact of a traditional security force.[59]
Sharp Solar is a supplier of siliconphotovoltaic (PV) solar cells,[60][61] and offers a solar TV.[62] In Q1 2010, the company made the highest revenues from production of solar PV systems.[63]
For the corporate meeting room market, Sharp was the first company to bring the Windows collaboration display to market, which is a 70-inch interactive display with built-in unified communication equipment and an IoT sensor hub for measuring environmental room conditions. The Windows collaboration display is conceived to be seamlessly compatible with Microsoft's Office productivity products, as well as make use of the Microsoft Azure cloud services with the IoT sensor hub generated data.[64][65]
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Net sales for the year 2003 were $16.8 billion. The corporation employs 46,600 staff, of which around half live outside Japan.
It operates from 64 bases in 30 countries and its products are distributed in 164 countries worldwide. Many of its regional subsidiaries trade under the name Sharp Electronics. Sharp was among the Top 100R&D Spenders in a list published by theIEEE Spectrum magazine in 2002. Sharp's headquarters are at 1 Takumi-chō, Sakai-ku, Sakai, Japan. Until the relocation to Sakai in 2016, the headquarters were inAbeno-ku, Osaka where Hayakawa restarted the business in the 1920s.[66]
In 2007 Sharp opened a LCD manufacturing plant in Poland.[67] The plant initially manufactured LCD modules using LCD panels imported from Sharp Japan.[68]
In September 2014, Sharp announced that Slovakian electronics company UMC (Universal Media Corporation /Slovakia/ s.r.o.) was acquiring an exclusive brand licence from Sharp and its European television and audio business UMC will also acquire Sharp's Polish factory. As part of the deal, Sharp will support the design and development of televisions sold by UMC under the Sharp brand.[69]
The same month, Sharp also announced a tie-up with Vestel in Europe for white goods.Vestel will sell Sharp-branded white goods (except air conditioners), such as refrigerators and microwave ovens manufactured by Sharp in Thailand and China. Sharp will also license its brand name to Vestel for volume home appliances such as refrigerators, washing machines and ovens. Sharp's remaining European business will then focus on the business-to-business sector including multi-function printers and energy services.
In 2017 Sharp acquired a majority (56.7%) shareholding in Skytec UMC, which included the UMC Poland factory.[70]
On 8 November 2008, theUnited States Department of Justice announced that Sharp had agreed to pay $120 million (United States Dollar) as a criminal fine. According to the announcement, Sharp participated in conspiracies to fix the price ofTFTLCD panel for Dell's computer monitors and laptops (2001–2005),Motorola'sRazr phones (2005–2006) andApple'siPod (2005–2006).[77]
On 18 December 2008,Japan Fair Trade Commission ordered Sharp to pay JP¥261 million (US$3 million) as criminal fine. According to the order, Sharp and Hitachi Display participated in the conspiracies to keep the price forTFTLCD panels for Nintendo DS and DS-Lite. The fine for Hitachi Displays was waived byJFTC leniency program.[78]
However, Sharp disagreed with theJFTC order and announced it would begin an appeals procedure against it on 2 February 2009.[79] On 31 July 2013, theJFTC dismissed Sharp's appeal.[80]
In November 2011 Sharp was ranked in 11th place byGreenpeace's re-launched Guide to Greener Electronics that ranks 15 electronics manufacturers according to their policies and practices to reduce their impact on the climate, produce greener products, and make their operations more sustainable.Greenpeace summarizes the corporation's environmental record thus: "Sharp supports a new renewable energy law in Japan but scores poor on allsustainable operations criteria".[81]
Sharp scored 3/10 and received most of its points on the Products criteria where the company was praised for the energy efficiency of its products with all of its TVs meeting the latest Energy Star standard. It also gained some points for having a relative long term target to reduce CO2 emissions by two percent (per production unit) compared to the previous year, yet sets out no clear target for absolute reductions. The company was also praised for its public support for a clean energy policy, after advocating the Japanese Government to increase the use of renewable energy.[81]
Sharp scored the fewest points in the guide in the Sustainable Operations category, scoring no points for chemical management due to not communicating commitments made on phasing out hazardous substances in its supply chain. The guide also notes that Sharp had lacked any initiative to address the issue ofconflict minerals and the exclusion of paper sourced from suppliers involved inillegal logging or deforestation.[81]
Sharp was the principal sponsor ofManchester United Football Club from 1983 until 2000, in one of the lengthiest and most lucrative sponsorship deals inEnglish football.[82][83] Sharp'slogo was on the front of United's shirts over these 17 years, during which the team won sevenPremier League titles, fiveFA Cups, oneFootball League Cup, oneUEFA Cup Winners' Cup, and oneUEFA Champions League title.During 2002/03 and 2003/04 seasons, Sharp was sponsor onRed Star Belgrade shirts during their campaign inUEFA Cup andUEFA Champions League.
From 1987 to 1994, Sharp was the main shirt sponsor ofHamburger SV in the Bundesliga.
From 2001 to 2003, Sharp was the main shirt sponsor ofInverness Caledonian Thistle F.C. in the SFL.
In June 2012, Sharp became name sponsor of aUCI World Tour cycling team, which thereupon became known asGarmin–Sharp.[84]
In September 2016, Sharp (in conjunction with Altodigital) signed a partnership withStoke City F.C. for 2 years as an Official Platinum Partner.[85]
In July 2024, Sharp sponsored Formula Ethara team 'Jack-O-Racers' for the competition.
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