{"id":80956,"date":"2018-06-05T12:30:14","date_gmt":"2018-06-05T12:30:14","guid":{"rendered":"http:\/\/www.bnreport.com\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/"},"modified":"2018-06-05T12:30:14","modified_gmt":"2018-06-05T12:30:14","slug":"japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/","title":{"rendered":"Japan’s Sharp is buying Toshiba’s PC unit, but its share price is falling"},"content":{"rendered":"

<\/p>\n

Japans Sharp has said today that it will buy a majority stake in Toshibas personal computer business for \u00a5 4bn (\u00a327.2m), in a move which briefly saw its share price rise before falling to a 17-month low by as much as 10 per cent.<\/p>\n

The deal, which will see Sharp take an 80.1 per cent ownership in Toshibas PC unit this October, was meant to highlight the business recovery by Taiwanese parent company Foxconn after experiencing financial issues two years ago.<\/p>\n

Shortly after the acquisition was announced, a further statement from Sharp which said it plans to issue \u00a5 200bn (\u00a31.36bn) in new shares as it expands its business into new sectors has seen its share price drop as much as 10 per cent.<\/p>\n

Sharps share price had risen as much as 3.3 per cent off the back of the acquisition in morning trading, with shares in Toshiba rising by 1 per cent. In late afternoon trading, Sharps share price was down by 4.1 per cent.<\/p>\n

Read more<\/strong>: Toshiba completes \u00a313bn sale of chip arm to Bain-backed consortium<\/a><\/p>\n

The funds are planned mostly to buy back preferred shares from Sharps main lenders, Mizuho Financial Group and Mitsubishi UFJ Financial Group.<\/p>\n

Sharp had previously exited the PC market in 2010, as it struggled to compete with Asian rivals. However the success of its low-cost TV business saw the company turn its first net profit in four years in March, with help from Foxconns sales network in China, and now hopes to use the acquisition to produce PCs at a similar scale.<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Japans Sharp has said today that it will buy a majority stak..<\/p>\n","protected":false},"author":1,"featured_media":80957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-80956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nJapan's Sharp is buying Toshiba's PC unit, but its share price is falling - Business News Report<\/title>\n<meta name=\"description\" content=\"Japans Sharp has said today that it will buy a majority stak..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japan's Sharp is buying Toshiba's PC unit, but its share price is falling - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Japans Sharp has said today that it will buy a majority stak..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-05T12:30:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Japan’s Sharp is buying Toshiba’s PC unit, but its share price is falling\",\"datePublished\":\"2018-06-05T12:30:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/\"},\"wordCount\":264,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/\",\"name\":\"Japan's Sharp is buying Toshiba's PC unit, but its share price is falling - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg\",\"datePublished\":\"2018-06-05T12:30:14+00:00\",\"description\":\"Japans Sharp has said today that it will buy a majority stak..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg\",\"width\":960,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Japan’s Sharp is buying Toshiba’s PC unit, but its share price is falling\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Japan's Sharp is buying Toshiba's PC unit, but its share price is falling - Business News Report","description":"Japans Sharp has said today that it will buy a majority stak..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/","og_locale":"en_US","og_type":"article","og_title":"Japan's Sharp is buying Toshiba's PC unit, but its share price is falling - Business News Report","og_description":"Japans Sharp has said today that it will buy a majority stak..","og_url":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-06-05T12:30:14+00:00","og_image":[{"width":960,"height":600,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Japan’s Sharp is buying Toshiba’s PC unit, but its share price is falling","datePublished":"2018-06-05T12:30:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/"},"wordCount":264,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/","url":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/","name":"Japan's Sharp is buying Toshiba's PC unit, but its share price is falling - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg","datePublished":"2018-06-05T12:30:14+00:00","description":"Japans Sharp has said today that it will buy a majority stak..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/japans-electronics-giant-sharp-displays-their-new-tv-50958317-5b16678884eca.jpg","width":960,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/japans-sharp-is-buying-toshibas-pc-unit-but-its-share-price-is-falling\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Japan’s Sharp is buying Toshiba’s PC unit, but its share price is falling"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/80956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=80956"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/80956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/80957"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=80956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=80956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=80956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}