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Japan Display Inc.

Japan Display Inc. develops, designs, manufactures, and sells displays and related products in Japan and internationally. The company is also involved in the planning, research, development, design, manufacture, sales, maintenance, rental, leasing, and provision of related solution services for electrical equipment, electronic devices, and software, as well as solutions and services related to medical devices. In addition, it offers information collection and analysis services and biometric information measurement using electronic technology. Its displays are used in medical applications, industries, and digital cameras. Japan Display Inc. was incorporated in 2002 and is headquartered in Shinagawa, Japan.

Price · split & dividend adjusted
News & notes moving 6740.JP
6740.JP2

JDI Resolves Negative Net Worth, Net Assets Reach 3.6 Billion Yen

Japan Display Incorporated, or JDI, announced on the 10th that its net assets stood at 3.631 billion yen as of the end of June, resolving its negative net worth. The improvement came as capital was strengthened through the partial exercise of subscription rights to new shares by its top shareholder, investment fund Ichigo Trust. As of the end of March, net assets were negative 7.412 billion yen. If the negative net worth had not been resolved by the end of March 2027, the company would have risked violating the Tokyo Stock Exchange's continued listing criteria and facing delisting, but this resolution now paves the way for maintaining its listing.
Jiji Press·39dRead more →
6740.JP

Japan Display to dissolve Hong Kong sales subsidiary at end of September

Japan Display announced on the 9th that it will dissolve and liquidate its Hong Kong sales subsidiary. The planned date for cessation of operations is September 30. The move is aimed at improving business operation efficiency through the reorganization of overseas sales bases as the company proceeds with a transformation of its product portfolio. The impact on consolidated results is currently under review.
Reuters·72dRead more →