Electronic Technology

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 2022	JPY	USD
Revenue	295,946M	2,633.61M
Gross Profit	24,814M	220.81M
Operating income	-8,631M	-76.80M
Income before tax	-5,812M	-51.72M
Net income	-8,095M	-72.03M
EBITDA	160M	1.42M
Diluted EPS	-2.07	-0.01
Dividends Per Share	0	0
Total Assets	258,275M	2,127.90M
Total liabilities	185,505M	1,528.36M
Total equity	72,768M	599.53M
Operating cash flow	-21,673M	-192.86M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	718,991M	636,661M	504,022M	341,694M	295,946M
Gross Profit	2,456M	31,779M	3,307M	7,850M	24,814M
Operating income	-65,584M	-28,012M	-40,209M	-27,214M	-8,631M
Income before tax	-230,482M	-103,839M	-98,446M	-41,716M	-5,812M
Net income	-239,656M	-106,585M	-101,416M	-42,696M	-8,095M
EBITDA	24,664M	15,734M	-19,549M	-12,504M	160M
Diluted EPS	-398.48	-128.40	-116.55	-17.92	-2.07
Dividends Per Share	0	0	0	0	0
Total Assets	604,923M	538,502M	389,746M	224,998M	258,275M
Total liabilities	531,883M	537,639M	336,380M	183,167M	185,505M
Total equity	71,377M	-1,110M	51,144M	39,552M	72,768M
Operating cash flow	-128M	-6,604M	-87,111M	-23,121M	-21,673M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	6,487.19M	5,741.13M	4,635.71M	3,221.78M	2,633.61M
Gross Profit	22.15M	286.56M	30.41M	74.01M	220.81M
Operating income	-591.74M	-252.60M	-369.82M	-256.59M	-76.80M
Income before tax	-2,079.55M	-936.37M	-905.45M	-393.33M	-51.72M
Net income	-2,162.32M	-961.13M	-932.76M	-402.57M	-72.03M
EBITDA	222.53M	141.88M	-179.80M	-117.89M	1.42M
Diluted EPS	-3.59	-1.15	-1.07	-0.16	-0.01
Dividends Per Share	0	0	0	0	0
Total Assets	5,688.03M	4,865.17M	3,610.26M	2,036.18M	2,127.90M
Total liabilities	5,001.24M	4,857.37M	3,115.92M	1,657.61M	1,528.36M
Total equity	671.15M	-10.02M	473.75M	357.93M	599.53M
Operating cash flow	-1.15M	-59.55M	-801.19M	-218.00M	-192.86M

Valuation Measures

Mar 2022
PER	--
ROA	-3.35%
ROE	-14.41%
Operating margin	-2.91%
Profit margin	-2.73%

Key executives

Chairman & Chief Executive Officer: Scott Anderberg Callon
CFO & Representative Executive Officer: Akihito Okochi
Chief Technology Officer & Executive Officer: Yoshiharu Nakajima
Chief Innovation Officer & Executive Officer: Kazutaka Nagaoka
Chief Strategy Officer & Executive Officer: Yasushi Shimogaichi

Shareholders

Ichigo Asset Management International Pte Ltd. (78.1%)
Innovation Network Corporation of Japan, Ltd. (5.5%)
Nichia Corp. (0.9%)
The Vanguard Group, Inc. (0.6%)
Nomura Asset Management Co., Ltd. (0.5%)
BlackRock Fund Advisors (0.2%)
Nikko Asset Management Co., Ltd. (0.2%)
Daiwa Asset Management Co. Ltd. (0.2%)
Haneda Turtle Service Co., Ltd. (0.2%)
UTSUMI AKIO /HANEDA TURTLE/ (0.2%)

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.
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
Panasonic Liquid Crystal Display Co., Ltd. /Mobara Factory/
Nanox Philippines, Inc.

Competitors

eMagin Corporation
AUO Corporation
LG Display Co., Ltd
VIA optronics AG Sponsored ADR
e-Litecom Co., Ltd
INVENIA Co., Ltd.

Last Updated on 24 Mar, 2023