7 stories mentioning TYO:6740Updated 30d ago
Every FINWIRES story that references TYO:6740, newest first.
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.
Japan Display (TYO:6740) concluded the sale of its Tottori Fab and expects to record an extraordinary gain of about 500 million yen in the first half of the fiscal year ending March 31, 2027, according to a Monday filing with the Korean Exchange.The sale was carried out to improve competitiveness and profitability, since LCD production at the facility ceased in March 2025. Relocation of the office is scheduled for Sept. 24, the filing said.Shares of Japan Display fell 2% at market close.
Japan Display (TYO:6740) has recorded 2.26 billion yen in interest expense on short-term borrowings in its fiscal first-quarter results, according to a Tokyo bourse filing on Monday.Apart from that, it logged a 333 million yen gain from reversing restructuring expenses due to revised cost estimates at the Mobara Fab and another 137 million yen impairment loss on display business assets.These items are fully reflected in the earnings results released today.
Ichigo Trust, the allottee of Japan Display's (TYO:6740) 14th stock acquisition rights, executed a partial exercise of warrants valued at 2.89 billion yen, according to a filing with the Tokyo bourse on Wednesday.Out of the 100 warrants issued on July 15, 2025, three were exercised on Wednesday at 25 yen per share. Following the warrant exercise, Japan Display's capital and capital reserve each increased by 1.45 billion yen, it said.Shares of Japan Display fell 2% in recent trade.
Japan Display (TYO:6740) will receive dividends totaling 1.8 billion yen or 10 million euro from JDI Europe and 1.9 billion yen or $12 million from JDI Hong Kong, with payments scheduled for July.The dividends are expected to be recorded as non-operating income in the group's non-consolidated financial statements for the fiscal year ending March 2027.As these dividends come from consolidated subsidiaries, they will be eliminated in the company's consolidated financial statements.
Japan Display (TYO:6740) has repaid 4.5 billion yen of its borrowings from Ichigo Trust, following through on a loan originally executed in February 2024. The loan was settled June 25, 2026.The repayment, which was collateralized, will strengthen the company's financial position and reduce interest expenses, according to a Tokyo bourse filing on Thursday.As a result, the company expects to save approximately 500 million yen in interest costs for the fiscal year ending March 2027.
Japan Display (TYO:6740) said it has not made any decision on plans to launch advanced display manufacturing facilities in the U.S., according to a Tuesday filing on the Tokyo Stock Exchange.The company said it is studying the possibility of operating and providing technology to U.S.-based fabs but stressed that no agreement has been reached.
