Japan Display (JP:6740) has released an update.
Japan Display Inc. reported a slight increase in their Q1 sales by 5.5% year-over-year, but showed a negative net income and a dip in shareholders’ equity ratio compared to the previous fiscal year. The company’s financial forecast anticipates a decline in sales and earnings for the first half and full year of FY25/3. Despite operational cash flow improvements, Japan Display maintains a conservative dividend forecast with no changes from previous announcements.
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