Electronic Technology
Japan Display, Inc.
In the news
- Apple opts for OLED screens for entire 5G iPhone range Jul 7, 2020
- Rohm eyes Japan reshoring from China and Southeast Asia Jun 6, 2020
- Sharp bolsters defense with promotion of cost-cutter Nomura May 20, 2020
- Apple said to buy $200m in Japan Display plant assets Apr 1, 2020
- Sharp eyes spinoff and listing of LCD unit Mar 17, 2020 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 2020 | JPY | USD |
| Revenue | 504,022M | 4,635.71M |
| Gross Profit | -3,073M | -28.26M |
| Operating income | -40,209M | -369.82M |
| Income before tax | -98,446M | -905.45M |
| Net income | -101,416M | -932.76M |
| EBITDA | -19,549M | -179.80M |
| Diluted EPS | -116.05 | -1.06 |
| Dividends Per Share | -- | -- |
| Total Assets | 389,746M | 3,610.26M |
| Total liabilities | 336,380M | 3,115.92M |
| Total equity | 51,144M | 473.75M |
| Operating cash flow | -87,111M | -801.19M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 989,115M | 883,045M | 718,991M | 636,661M | 504,022M |
| Gross Profit | 79,236M | 60,795M | 2,456M | 31,779M | -3,073M |
| Operating income | 12,809M | 2,968M | -65,584M | -28,012M | -40,209M |
| Income before tax | -27,969M | -19,224M | -230,482M | -103,839M | -98,446M |
| Net income | -31,840M | -35,503M | -239,656M | -106,585M | -101,416M |
| EBITDA | 93,644M | 93,390M | 24,664M | 15,734M | -19,549M |
| Diluted EPS | -52.94 | -59.03 | -398.48 | -128.40 | -116.05 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 813,861M | 900,006M | 604,923M | 538,502M | 389,746M |
| Total liabilities | 448,612M | 589,502M | 531,883M | 537,639M | 336,380M |
| Total equity | 363,167M | 308,323M | 71,377M | -1,110M | 51,144M |
| Operating cash flow | 151,442M | 110,652M | -128M | -6,604M | -87,111M |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 8,236.83M | 8,154.63M | 6,487.19M | 5,741.13M | 4,635.71M |
| Gross Profit | 659.83M | 561.42M | 22.15M | 286.56M | -28.26M |
| Operating income | 106.66M | 27.40M | -591.74M | -252.60M | -369.82M |
| Income before tax | -232.91M | -177.52M | -2,079.55M | -936.37M | -905.45M |
| Net income | -265.14M | -327.85M | -2,162.32M | -961.13M | -932.76M |
| EBITDA | 779.81M | 862.42M | 222.53M | 141.88M | -179.80M |
| Diluted EPS | -0.44 | -0.54 | -3.59 | -1.15 | -1.06 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 7,241.07M | 8,076.87M | 5,688.03M | 4,865.17M | 3,610.26M |
| Total liabilities | 3,991.38M | 5,290.33M | 5,001.24M | 4,857.37M | 3,115.92M |
| Total equity | 3,231.16M | 2,766.96M | 671.15M | -10.02M | 473.75M |
| Operating cash flow | 1,261.13M | 1,021.83M | -1.15M | -59.55M | -801.19M |
Valuation Measures
| Mar 2020 | |
| PER | -- |
| ROA | -21.85% |
| ROE | -405.38% |
| Operating margin | -7.97% |
| Profit margin | -20.12% |
Key executives
- President, CEO & Representative Director: Minoru Kikuoka
- Chief Operating Officer & Executive Vice President: Toshihiro Ueki
- Executive Officer & GM-Finance: Akihito Okochi
- CTO, Executive Officer, General Manager-R&D: Yoshiharu Nakajima
- Executive Officer & Manager-Display Solutions: Kazutaka Nagaoka
Shareholders
- Innovation Network Corporation of Japan, Ltd. (25.2%)
- Effissimo Capital Management Pte Ltd. (4.6%)
- Nichia Corp. (4.1%)
- Dimensional Fund Advisors LP (2.6%)
- The Vanguard Group, Inc. (2.0%)
- Nomura Asset Management Co., Ltd. (1.7%)
- Sony Corp. (1.2%)
- Haneda Turtle Service Co., Ltd. (1.1%)
- Norges Bank Investment Management (1.1%)
- UTSUMI AKIO /HANEDA TURTLE/ (0.9%)
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
- Japan Display, Inc. /Hakusan Plant/
- TDI China, Inc.
- Kaohsiung Opto-Electronics, 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
- Au Optronics Corp.
- LG Display Co., Ltd
- e-Litecom Co., Ltd
- INVENIA Co., Ltd.
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Last Updated on 15 Jul, 2020