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Japan Display (6740) investor relations material
Japan Display Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 FY27/3 sales fell 33.1% YoY to ¥44,475M; EBITDA and operating losses narrowed materially after structural reforms, including the Mobara Fab production-end and lower personnel costs.
Net assets recovered to ¥4,998M from negative ¥7,412M at FY26/3-end, supported by warrant exercises and asset-sale advances; priorities include strengthening the financial position and BEYOND DISPLAY portfolio transformation.
Financial highlights
H1 sales were ¥44,475M, down ¥22.0B YoY; gross profit was ¥4,329M versus a ¥2,964M gross loss, while SG&A fell to ¥7,396M from ¥11,467M.
H1 EBITDA loss narrowed to ¥1,606M from ¥12,361M; operating loss narrowed to ¥3,066M from ¥14,400M and recurring loss to ¥7,212M from ¥19,100M.
H1 net loss narrowed to ¥7,040M from ¥11,363M; basic EPS improved to -¥1.06 from -¥1.84. Prior-year net results included an ¥18.5B subsidiary-share sale gain and ¥12.7B in restructuring expenses.
Comprehensive loss was ¥7,813M versus ¥10,820M YoY.
Outlook and guidance
FY27/3 earnings guidance remains withheld because the timing and commercialization of BEYOND DISPLAY businesses, including a potential U.S. display business, could materially affect performance; operating profitability is expected in FY28/3.
Mobara Fab sale completion and handover are planned for March 2027, with an anticipated gain of ~¥51.4B.
Positive net assets as of March 31, 2027 are required to maintain Tokyo Stock Exchange Prime Market listing.
Planned priorities include further warrant exercises and financial measures, Mobara Fab handover, and execution of the BEYOND DISPLAY strategy.
- Sales up 6% year-on-year, losses halved, and eLEAP OLED mass production set for December 2024.6740
Q1 2025 - Losses narrowed but full-year outlook was cut as demand weakened and strategy shifted.6740
Q2 2025 - Q3 saw deepening losses, cost-driven EBITDA/OP gains, and a major production site closure.6740
Q3 2025 - Sharp losses and restructuring accelerate shift to microdisplays and advanced tech sectors.6740
Q4 2025 - Sales plunged 42% year-over-year, with deepening losses and negative equity amid restructuring.6740
Q1 2026 - Extraordinary gains and cost cuts drove a Q2 net profit, but outlook remains uncertain.6740
Q2 2026 - Losses narrowed on cost cuts and gains, with profitability targeted by FY27/3.6740
Q3 2026 - Losses narrowed sharply as cost cuts and asset sales improved profitability, but negative equity remains.6740
Q4 2026 - Net loss narrowed and net assets turned positive amid restructuring, reforms, and asset sales.6740
Q1 2027
Next Japan Display earnings date
Next Japan Display earnings date
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