INCJ Would Invest in Sharp


A Japanese government-backed fund is open to discussing an investment in Sharp, if the company asks for it. Mikihide Katsumata, president of the Innovation Network Corp of Japan (INCJ), told Reuters that it would talk to Sharp, “if the company needs funds for its growth strategy and meets our investment policy”.

The INCJ has previously invested in electronics companies: it is the primary shareholder in Japan Display (JDI), for example. A source told Reuters that the fund is considering various options for Sharp, including direct investment and teaming up with JDI.