The avanti group sharp turn for electronics company
The Avanti Group Sharp Turn for Electronics Company
The Avanti Group is advising clients on the recent developments
surrounding Sharp Corporation and their expansion plans to
move within surrounding Asia.
June 17, 2013 - The Avanti Group the equities research house
based in Tokyo, providing professional trading and investment
research solutions to institutional and private investors across
the globe have recently drawn their investor’s attention to
recent announcements made by Takashi Okuda president of
“Sharp Corporation is a well-established company
manufacturing electric telecommunication, electric and
electronic equipment split into two business segments of
equipment and component. We see the recent announcement
to expand manufacturing outside Japan as positive growth, as
Abenomics path has resulted in a number of manufacturers
looking to resettle outside Japan due to the Yen’s
strength, imports costing more and less goods being
exported, the move for Sharp will increase its sales with an
estimated growth to sales by 2017 of ¥300 billion,” said Richard
Armitage Director of Private Equity at The Avanti Group.
Sharp Corp Japan’s No. 3 televisions maker, are among the
growing company list evaluating new operations abroad as
means to increase their foothold throughout Asia. Sharp Corp’s
operational director for Asia- Pacific commented to a source
close to The Avanti Group to say, products such as air-
conditioners, washing machines as well as refrigerators are
expected to see high growth down the road in six main ASEAN
“The household electrical and component manufactures share
price has been on a gradual upward trend since August 2012
with recent developments in Abe’s growth strategy the share
price has dropped 18 per cent in May due to export restraints.
However with the announcement of this move and the recent
management reshuffle we see the price set to increase to good
gains, we are advising our clients of the right entry point back
into this market,” concluded Richard Armitage Director of
Private Equity at The Avanti Group.
The Avanti Group is an equity research house providing
research and analysis outsourcing solutions for institutional
financial traders worldwide, founded in early 2003.