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Japan Display Repays 2.5 Billion Yen Loan to Ichigo Trust

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Japan Display (TYO:6740) repaid 2.5 billion yen of its borrowings from Ichigo Trust under a collateralized loan executed on Aug. 29, 2024.

The repayment is aimed at strengthening the company's financial position and reducing interest expenses, according to a Tokyo bourse filing on Tuesday.

As a result, the company expects to save approximately 200 million yen in interest costs for the fiscal year ending March 2027.

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