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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)

Japan Display likely to log first group operating loss in yr ending March 2018 - Nikkei
Monday, 11 Sep 2017 01:57pm EDT 

Sept 11 (Reuters) - Nikkei::Japan Display likely to log first group operating loss in year ending March 2018; co's LCD panel sales fall amid Apple's shift to newer screen tech - Nikkei.Japan Display Inc sales for fiscal year ending March 2018 seen to drop 15-25 percent from last fiscal year's 884.4 billion Yen - Nikkei‍​.Japan display inc said to be seeking to raise 200 billion Yen to 300 billion Yen - Nikkei‍​.  Full Article

Japan Display to mass-produce OLED panels for smartphones from 2019 -CEO
Wednesday, 9 Aug 2017 02:46am EDT 

Aug 9 (Reuters) - Japan Display Inc <6740.T>::Japan Display CEO: to start mass-production of OLED panels for smartphones in 2019.  Full Article

Japan Display to secure $1 bln in credit from 3 key lenders - Nikkei
Thursday, 3 Aug 2017 12:31pm EDT 

Aug 3 (Reuters) - Nikkei::Japan Display Inc is on the verge of receiving total of 110 billion yen ($1 billion) in credit line commitments from its three major lenders - Nikkei.Mizuho bank and Sumitomo Mitsui Banking Corp will each extend 42 billion yen of credit to Japan Display Inc - Nikkei.  Full Article

Japan Display asked creditors for around 100 bln yen to finance turnaround effort‍​ - Nikkei
Wednesday, 26 Jul 2017 01:12pm EDT 

July 26 (Reuters) - Nikkei::Japan Display has asked its main creditors for around 100 billion yen to finance an ongoing turnaround effort‍​ - Nikkei.  Full Article

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


Japan Display says report it sought Apple, Huawei funds is 'speculative'

TOKYO Cash-strapped smartphone screen maker Japan Display Inc dismissed a report on Thursday that it was seeking investment from Apple Inc and Huawei Technologies Co Ltd [HWT.UL] as "speculative" and declined to comment further.