Sharp Corp. is expected to post a group net loss of about ¥200 billion this fiscal year and is considering additional restructuring, including the closure of four factories in Hiroshima Prefecture, sources close to the matter said Tuesday.

The struggling electronics-maker at the same time aims to strengthen its financial condition by requesting aid from two main creditor banks to increase its capital by around ¥175 billion through measures such as a debt-for-equity swap, the sources said.

The expected loss will be far bigger than the ¥30 billion loss that the company currently expects for the fiscal year ending this month and will represent a plunge from a profit of ¥11.6 billion it posted in the last fiscal year that ended in March 2014.