Japan Display Inc.
Progress status based on plan for conformity with listing maintenance criteria
Disclosure of progress toward meeting listing maintenance criteria and the plan period. The ratio of tradable shares and net assets remain non-compliant, with targets to improve by March 2027 and March 2028, respectively. Mentions potential dilution from the holdings of a strawberry share and exercise of stock options.
Key Figures
- Share trading ratio: 20.1% (as of end-March 2026)
- Net assets: △74 billion yen (as of FY2026 results)
- Number of shareholders: 136,487 (as of end-March 2026)
AI要約
Current status and plan for listing maintenance
The company submitted a plan to achieve listing maintenance compliance in June 2023. As of March 31, 2026, the tradable share ratio remains below the required threshold. Net assets are also not expected to meet the criterion. The company aims to improve net assets by end-March 2027 and tradable share ratio by end-March 2028.
Progress and financial improvement initiatives
Efforts include closure and consolidation of unprofitable plants, personnel reductions through early retirement programs, asset sales, and recognition of gains from transfers to strengthen financial health. Funds will be raised through the exercise of stock acquisition rights to reduce debt overhang and improve financial structure. Growth initiatives including BEYOND DISPLAY strategy will continue.
Japan Display Inc.
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