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Sharp and Toshiba shares plunge

Sharp is reportedly planning a huge capital cut, while Toshiba withdraws profit forecast on accounting problems

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Sharp lost more than a quarter of its market value on Monday following reports that the struggling Japanese electronics giant is planning a drastic capital reduction to help wipe away losses.

Tokyo

SHARP lost more than a quarter of its market value on Monday following reports that the struggling Japanese electronics giant is planning a drastic capital reduction to help wipe away losses. The firm plunged as much as 31 per cent in Tokyo before recovering some ground to close at

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