Japan Display Inc.
Notice of Completed Transfer of the Tottori Factory and Recognition of Special Profit
Transfer of the Tottori Factory with a plan to recognize approximately 500 million yen as a special profit. The new base will relocate to the Tottori Office on the scheduled move date of September 24, 2026, and the transfer was completed as of today. A special profit is planned to be recognized in the interim earnings for the mid-term.
Key Figures
- Gain on sale of fixed assets: 500 million yen (approx.)
- Move date: 2026-09-24
- Gains approximated as transfer value minus book value and estimated transfer-related costs
AI要約
Section Heading
This item is the progress of the disclosures regarding the transfer of the Tottori Factory, reporting the completion of the transfer and the outlook for recognizing a special profit. The assets being transferred are land, buildings, and incidental facilities, with expected transfer gains of about 500 million yen (approx.). The transferee is Yahata Tōe Estate Co., Ltd. The new base is planned to relocate to the Tottori Office on September 24, 2026.
Section 2 Heading
As for the outlook, it is expected to recognize 500 million yen as a special profit in the second quarter of the fiscal year ending March 2027. We will continue to promote asset efficiency improvements and strengthen the financial base.
Japan Display Inc.
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