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Japan Display ( (JP:6740) ) just unveiled an announcement.
Japan Display Inc. announced a downward revision of its full-year earnings forecast due to extraordinary losses recorded in the third quarter of FY25/3, including significant interest expenses, impairment losses from ending production at the Mobara Fab, and business restructuring costs related to the Tottori Fab. This strategic shift involves transitioning the Mobara Fab into an AI data center and consolidating production at the Ishikawa Fab to enhance cost competitiveness, reflecting JDI’s focus on adapting its operations and improving productivity.
More about Japan Display
Japan Display Inc. (JDI) operates in the display technology industry, primarily focusing on the development and manufacturing of LCD and OLED displays. The company is working towards building a global eLEAP ecosystem through partnerships with foundry partners.
YTD Price Performance: -1.54%
Average Trading Volume: 500
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $505.8M
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