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Despite the bailout, Sharp said last month that there was "material doubt" over its ability to survive after forecasting a record 450 billion yen loss for the year through March, though it vowed to take steps against such an outcome.
The maker of TVs and solar panels is so sensitive about its balance-sheet that on November 5th it revised a four-day-old announcement that had said there was "material doubt" about its future.
"Sharp is in circumstances in which material doubt about its assumed going concern is found," the company said in a statement.
If the renewals fall, and there is material doubt about the business's ability to trade for the next 12 months, any season-ticket income ought to be ring-fenced to protect it.
By contrast Panasonic predicts it will sink 765bn yen ($9.6 billion £6bnn) deeper into the red - for context that's on a par with power company Tepco's loss after the Fukushima nuclear plant meltdown - while Sharp has said there is "material doubt" about its survival.
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Sharp forecast on Thursday a 450 billion yen ($5.6 billion) full-year loss and warned that it had "material doubts" about its ability to survive.
In the most dire warning, Sharp forecast on Thursday a 450 billion yen ($5.6 billion) full-year loss and warned that it had "material doubts" about its ability to survive.
"[This circumstance] represents material uncertainty that casts significant doubt upon the company's ability to continue as a going concern".
Following the group admitting its early Christmas sales had tumbled below expectations and that it would probably breach its banking covenants early next year: the 238-store chain said: "The directors recognise that this represents a material uncertainty which may cast doubt upon the group's ability to continue as a going concern".
"This possibility results in the existence of a material uncertainty which may cast doubt on Rangers' ability to continue as a going concern".
KPMG said in the report these conditions on the company's ability to succeed "indicate the existence of a material uncertainty which may cast doubt on the company's ability to continue as a going concern".
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