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Japan Display Inc (6740.T)

6740.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Universal Display Corporation announces an extended OLED evaluation agreement
Wednesday, 14 Jun 2017 04:05pm EDT 

June 14 (Reuters) - Universal Display Corp : :Universal Display Corporation announces an extended OLED evaluation agreement.Says ‍financial terms of agreement have not been disclosed​.Universal Display Corp says co, Japan Display Inc entered into an extended and updated evaluation agreement.Universal Display- co to supply its proprietary universalpholed phosphorescent OLED materials and tech to Japan Display Inc for use in OLED displays.  Full Article

Japan Display plans to postpone acquisition date of JOLED
Wednesday, 7 Jun 2017 03:55am EDT 

June 7 (Reuters) - Japan Display Inc <6740.T>:* Says it plans to postpone signing date of acquisition contract with JOLED Inc to late June 2018, from late June 2017.  Full Article

Japan Display to issue 45 bln yen bonds, to raise stake in JOLED Inc.
Wednesday, 21 Dec 2016 01:50am EST 

Japan Display Inc <6740.T>: Says it plans to issue denominated convertible bonds with warrants for 45 billion yen via private placement . Says the conversion price at 430 yen per share . Says maturity date on Jan. 11, 2024 and payment date on Jan. 11, 2017 . Says interest rate at 0 percent . Says the proceeds to be used to fund R& D of printing method . Says Innovation Network Corporation of Japan will raise stake in the co to 45.1 percent from 35.6 percent after the bonds issuance .Says the co plans to raise stake in JOLED Inc. to more than 51 percent, up from 15 percent.  Full Article

Japan Display seeks cash assistance from top shareholder - Nikkei
Friday, 5 Aug 2016 01:24pm EDT 

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 expects extraordinary loss for FY 2016
Wednesday, 16 Mar 2016 01:50am EDT 

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


Tech industry asks who will lead Toshiba's motley white knights

TOKYO A hastily-assembled group of investors looks set to win the bid for Toshiba Corp's prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy and investment.