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Sharp celebrates its 110 years of transforming lives

Sharp Corporation celebrates its 110 th year anniversary. In its celebration, Sharp has introduced a new management system to realize transformation to give emphasis on Environmental, Social, and Governance (ESG) and raise its social value and revitalize its brand for sustainable growth. Its introduction of ESG shows the companies’ vision of providing better health, sustainable environment, and innovative solutions for the people while providing a conducive environment to grow. On September 15, Sharp Corporation (hereinafter “Sharp”) commemorates its 110th anniversary. It started when Founder Tokuji Hayakawa established a metalworking shop in Tokyo on this day 110 years ago in 1912. Later he invented the “Ever Ready Sharp Pencil,” a twist-type mechanical pencil that would later become the origin of the corporate brand.  Sharp is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. Sharp sets its business vision a

BDO Leasing earns P39.8 million in 9M 2021

BDO Leasing & Finance, Inc. (BLFI) registered P39.8 million profit in 9M 2021 derived solely from fair value gain from investments in Unit Trust Investment Funds (UITFs). Of the P6.0 billion of BDOLF’s assets as of end-September 2021, almost all or P5.9 billion was invested in UITFs.


The 9M 2021 results were lower compared to P134.6 million earnings a year ago, as last year’s earnings were based on a balance sheet prior to the full implementation of the restructuring of BDO Unibank Group’s leasing business. This entailed the sale of substantially all of BLFI’s assets to BDO Unibank, BDO Life, and BDO Finance Corporation. 


BLFI ceased to operate as a leasing company and completed the assignment and transfer of its leasing and financing business to an affiliate, BDO Finance Corporation on October 19, 2020. BDO Finance was established to offer customers continued access to lease products and services, and likewise assumed the lease transactions booked in BFLI to ensure continuity to the latter’s existing clients. 


About BDO Leasing


BDO Leasing and Finance Inc. (BLFI) used to be the leasing and financing entity of BDO Unibank, Inc. (BDO). Following the Company’s restructuring in 2020, BLFI’s assets were transferred to other entities of the Parent Bank, leaving BLFI as a listed holding company of BDO. 


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