...February 19, 2025 - Sharp's progress in restructuring and the sale of businesses and assets will limit further deterioration in its profitability and financial and capital base, in our view. - We therefore affirmed our 'B-' long-term issuer credit rating and 'B' short-term issuer credit rating on the company. - The outlook remains negative, reflecting our view that the company's businesses are exposed to severe competition and are not fully prepared for repaying large bank loans, which would result in the risk of liquidity deterioration. TOKYO (S&P Global Ratings) Feb. 19, 2025--S&P Global Ratings today said it has affirmed its 'B-' long-term issuer credit rating and its 'B' short-term issuer credit rating on Sharp Corp. The outlook is negative. We took similar actions on an overseas Sharp subsidiary (see list below). The affirmation reflects our view that the company's progress in restructuring and the sale of businesses and assets will limit further deterioration of its earnings and its...
