Japan Display Inc (6740.T)
6 Dec 2016
Latest Key Developments (Source: Significant Developments)
Nikkei: Japan Display has asked for cash assistance from public-private fund that is its top shareholder amid sluggish shipments of LCD panels for iPhone - Nikkei .Japan Display hopes to receive tens of billions of yen from the Innovation Network Corp. of Japan - Nikkei. Full Article
Japan Display Inc:Says it expects an extraordinary loss of 14 bln yen recorded as reform cost for fiscal year ending March 2016. Full Article
Japan Display Inc:Appoints Shuji Aruga as president to succeed Shuichi Ohtsuka.Appoints Mitsuru Honma as chairman of the board.Effective June. Full Article
Japan Display Inc is in advanced talks to receive a bailout amount of about 75 billion yen ($704.49 million) from Innovation Network Corp of Japan (INCJ), a government-backed fund and the display maker's largest shareholder, the Wall Street Journal reported on Thursday.