Electronic Technology
Japan Display, Inc.
In the news
- Sharp eyes spinoff and listing of LCD unit Mar 17, 2020
- TV makers' hopes for Olympic boost foiled by LCD shortage Mar 7, 2020
- Apple supplier Japan Display gets $920m bailout from Ichigo Jan 31, 2020
- Exclusive: Huawei stockpiles supplies, fearing new US tech ban Jan 22, 2020
- Japan Display in talks with Apple and Sharp to sell factory Dec 27, 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. (4.6%)
- Nichia Corp. (4.1%)
- Dimensional Fund Advisors LP (2.6%)
- The Vanguard Group, Inc. (2.0%)
- Sony Corp. (1.2%)
- Nomura Asset Management Co., Ltd. (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
- 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
- e-Litecom Co., Ltd
- Samsung Electronics Co., Ltd.
- INVENIA Co., Ltd.
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Last Updated on 27 Mar, 2020