Japan Display Inc.
Notice of Transfer of Mobara Plant and Recognition of Special Gain
The Board of Directors resolved to transfer the Mobara Plant to Shin-Etsu Electric Co., Ltd. Transfer price: 26.6 hundred million yen; book value: 51.4 hundred million yen. Contract signing date is 2026-09-30; asset delivery expected on 2027-03-31. The estimated gain on sale of 51.4 hundred million yen will be recorded as a special gain in the consolidated results for Q4 of fiscal year ending March 2027; in the non-consolidated results a special gain of approximately 54.9 hundred million yen is expected to be recorded. The company will continue to promote the BEYOND DISPLAY strategy.
Key Figures
- Name of Transferred Asset: Mobara Plant
- Transfer Price: 26.6 hundred million yen
- Book Value: 51.4 hundred million yen
- Gain on Sale: Estimated Unknown (noted in text)
- Contract Signing Date: 2026-09-30
- Asset Delivery Date: 2027-03-31 (planned)
- Recognition of Special Gain: Consolidated Q4 of fiscal year ending March 2027 (as gain on sale)
- Non-consolidated Recognition of Special Gain: 54.9 hundred million yen (approx.)
AI要約
Summary of the Event
The Board of Directors resolved to transfer the Mobara Plant to Shin-Etsu Electric Co., Ltd., and the final agreement has been executed. The asset delivery is scheduled for March 31, 2027 (planned), and part of the assets will be transferred to FICT Co., Ltd. The transferred assets include land and buildings. The transfer price is 26.6 hundred million yen, and the book value is 51.4 hundred million yen.
Financial Impact and Outlook
The estimated gain on sale of 51.4 hundred million yen will be recorded as a special gain in the consolidated results for Q4 of the fiscal year ending March 2027. In the non-consolidated financial statements, a special gain of approximately 54.9 hundred million yen is expected to be recorded. The company will continue to advance the BEYOND DISPLAY strategy to strengthen its financial base and maximize shareholder value.
Japan Display Inc.
Company overview · Stock price · Financial data · All IR
