Sharp Reports Possible Accounting Problems at Kantatsu Subsidiary

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On December 25, Sharp issued a notice on the Tokyo Stock Exchange saying that its board of directors has established a committee to investigate possible accounting problems at its Kantatsu Co. Ltd. subsidiary. Kantatsu was established in 1979 and designs and manufactures micro-lens units for Sharp, which holds 53.25 percent of Kantatsu’s common shares and

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