Electronic Technology
Japan Display, Inc.
In the news
- Apple increases production of iPhone 11: sources Oct 4, 2019
- 80% of big Japanese companies still do business with Huawei: Nikkei poll Oct 1, 2019
- Japan Display's chaotic bailout drama baffles shareholders Sep 28, 2019
- Apple bailout in play as Japan Display loses Chinese backer Sep 27, 2019
- LG Display and Samsung race Chinese rivals as LCD woes deepen Sep 24, 2019 See more articles on Japan Display, Inc.
Business Summary
Japan Display, Inc. engages in the development, design, manufacture, and sale of small and medium-sized display devices and related products. It offers liquid crystal display modules for smartphones, tablets, automotive equipment, digital cameras, and game machines. The company was founded on October 1, 2002 and is headquartered in Tokyo, Japan.
Financial Highlights
| Mar 2019 | JPY | USD |
| Revenue | 636,661M | 5,741.13M |
| Gross Profit | 26,798M | 241.65M |
| Operating income | -31,820M | -286.93M |
| Income before tax | -106,686M | -962.04M |
| Net income | -109,432M | -986.81M |
| EBITDA | 14,079M | 126.95M |
| Diluted EPS | -131.83 | -1.18 |
| Dividends Per Share | 0 | 0 |
| Total Assets | 545,376M | 4,927.28M |
| Total liabilities | 538,353M | 4,863.83M |
| Total equity | 5,051M | 45.63M |
| Operating cash flow | -6,142M | -55.38M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 769,304M | 989,115M | 884,440M | 717,522M | 636,661M |
| Gross Profit | 62,165M | 79,236M | 66,839M | -4,691M | 26,798M |
| Operating income | 5,147M | 12,809M | 10,588M | -73,119M | -31,820M |
| Income before tax | -8,267M | -27,969M | -11,236M | -237,386M | -106,686M |
| Net income | -12,270M | -31,840M | -31,664M | -247,231M | -109,432M |
| EBITDA | 76,001M | 93,644M | 100,836M | 18,120M | 14,079M |
| Diluted EPS | -20.42 | -52.94 | -52.65 | -411.08 | -131.83 |
| Dividends Per Share | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 831,622M | 813,861M | 915,631M | 614,644M | 545,376M |
| Total liabilities | 428,996M | 448,612M | 588,544M | 532,597M | 538,353M |
| Total equity | 400,983M | 363,167M | 324,906M | 80,384M | 5,051M |
| Operating cash flow | 73,320M | 151,442M | 112,001M | -754M | -6,142M |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 7,002.80M | 8,236.83M | 8,167.51M | 6,473.93M | 5,741.13M |
| Gross Profit | 565.87M | 659.83M | 617.23M | -42.32M | 241.65M |
| Operating income | 46.85M | 106.66M | 97.77M | -659.72M | -286.93M |
| Income before tax | -75.25M | -232.91M | -103.76M | -2,141.84M | -962.04M |
| Net income | -111.69M | -265.14M | -292.40M | -2,230.67M | -986.81M |
| EBITDA | 691.82M | 779.81M | 931.18M | 163.49M | 126.95M |
| Diluted EPS | -0.18 | -0.44 | -0.48 | -3.70 | -1.18 |
| Dividends Per Share | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 6,934.51M | 7,241.07M | 8,217.09M | 5,779.44M | 4,927.28M |
| Total liabilities | 3,577.20M | 3,991.38M | 5,281.73M | 5,007.96M | 4,863.83M |
| Total equity | 3,343.61M | 3,231.16M | 2,915.78M | 755.84M | 45.63M |
| Operating cash flow | 667.41M | 1,261.13M | 1,034.29M | -6.80M | -55.38M |
Valuation Measures
| Mar 2019 | |
| PER | -- |
| ROA | -18.86% |
| ROE | -256.17% |
| Operating margin | -4.99% |
| Profit margin | -17.18% |
Key executives
- Executive President, CEO & Representative Director: Shuji Aruga
- COO & Senior Managing Representative Director: Sadahiro Numazawa
- Chief Technology Officer, Senior Manager-R&D: Akio Takimoto
- Chief Marketing Officer & Executive Officer: Yoshiaki Ito
- Executive Officer: Yoshiyuki Tsukizaki
Shareholders
- Innovation Network Corporation of Japan, Ltd. (25.2%)
- Effissimo Capital Management Pte Ltd. (8.9%)
- Segantii Capital Management Ltd. (4.9%)
- Nichia Corp. (4.1%)
- Dimensional Fund Advisors LP (2.6%)
- Rheos Capital Works, Inc. (Investment Management) (2.6%)
- Monashee Investment Management LLC (2.1%)
- The Vanguard Group, Inc. (1.9%)
- Marshall Wace LLP (1.7%)
- Nezu Asia Capital Management Ltd. (1.7%)
Contact Details
- Website:http://www.j-display.com
- Address: Landic Dai Ni Shinbashi Building, 3-7-1 Nishi Shinbashi, Tokyo, 105-0003, Japan
- Phone: +81.3.6732.8100
Related Companies
- TDI China, Inc.
- Kaohsiung Opto-Electronics, Inc.
- Shenzhen JDI, Inc.
- Suzhou JDI Devices, Inc.
- JDI Hong Kong Ltd.
- JDI Taiwan, Inc.
- JDI Korea, Inc.
- JDI China, Inc.
- JDI Europe GmbH
- JDI Display America, Inc.
- Taiwan Display, Inc.
- Japan Display Employee Incentive Plan
- Japan Display Employee Stock Ownership Plan
- Suzhou JDI Electronics, Inc.
- Panasonic Liquid Crystal Display Co., Ltd. /Mobara Factory/
- Nanox Philippines, Inc.
Competitors
- eMagin Corporation
- DARWIN PRECISIONS Corporation
- Au Optronics Corp.
- LG Display Co., Ltd
- Samsung Electronics Co., Ltd.
- INVENIA Co., Ltd.
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Last Updated on 11 Oct, 2019