Sharp's governance questioned after fraud probe at subsidiary

Scandal hits Foxconn bid to produce Kantatsu smartphone camera lenses

20210315 Sharp rogo

The committee stressed the Sharp's subsidiary Kantatsu had "repeated inexcusable and fraudulent accounting practices without any careful consideration."  (Photo by Tomoki Mera)

HISASHI IWATO, Nikkei staff writer

OSAKA -- Inadequate governance at Sharp was revealed in connection with improper accounting practices by its subsidiary Kantatsu, according to a committee formed by the Osaka-based electronics maker to investigate fraud at the subsidiary.

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