Sharp Posts Growth for FY 2021 but Misses Forecast Due to Second-Half Supply-Chain Woes

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On May 11, Sharp Corporation announced its financial results for the fourth quarter and all of fiscal-year 2021. While sales and profits rose in FY 2021, the firm’s Q4 was weaker than expected. In Q4, sales and operating profit declined, although net profit was up sharply. As a result, even though Sharp lowered its forecast

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