Komori
M&A and Subsidiary Changes6740Japan Display Inc.Electrical and Precision Instruments

Notice of Establishment of Subsidiary “株式会社AutoTech” through Company Split

The automotive display-related business will be separated through a corporate split and transferred to the new company 株式会社AutoTech. The company will hold all 1,000 common shares of AutoTech, carving out the automotive business as a wholly owned subsidiary.

Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
120286
百万円(分割部門の2025年3月期見込売上高)
Wording
Conditional
How definitive the wording is.

This transaction

This incorporation-type company split
Counterparty (target company)株式会社AutoTech
Disclosing companyJapan Display Inc.
Voting rights ownership percentageNumber of shares acquired 1,000 株(議決権の数はNot disclosed)

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

車載用ディスプレイ及びその関連製品並びに部品の研究、開発、製造及び販売

Location Minato-ku, TokyoShare capital ¥50 millionDate of incorporation 2025 年 10 月 1 日(予定)
Net Sales120,286 百万円(単体・2025 年 3 月期見込、分割部門)
Consideration and expenses
Type of Consideration株式(AutoTechが発行する普通株式1,000株のすべてを当社に割当交付)
Impact on Business Performance

2026 年 3 月期連結業績への影響は現在精査中。今後開示すべき事項が生じた場合には速やかにお知らせ

Procedures and assumptions
Conditions Precedent to Execution2025 年 6 月 21 日開催予定の第 23 回定時株主総会及び普通株主による種類株主総会への付議
Management structure after acquisitionAutoTechの代表取締役社長は福永誠一。当社の名称、所在地、資本金及び決算期に変更はなく、代表者は2025年6月1日付の異動後の代表執行役社長CEO明間純。車載事業に係る雇用契約その他の権利義務のうち新設分割計画書で定めるものをAutoTechが承継する。
This transaction
ItemDetails
Transaction nameThis incorporation-type company split
Counterparty name株式会社AutoTech
Name of the Subject Company株式会社AutoTech
Business Description of the Subject Company車載用ディスプレイ及びその関連製品並びに部品の研究、開発、製造及び販売
Location of the Subject CompanyMinato-ku, Tokyo
Capital Stock of the Subject Company¥50 million
Date of Establishment of the Subject Company2025 年 10 月 1 日(予定)
Net Sales of the Subject Company120,286 百万円(単体・2025 年 3 月期見込、分割部門)
Type of Consideration株式(AutoTechが発行する普通株式1,000株のすべてを当社に割当交付)
Number of shares acquired1,000 株(議決権の数はNot disclosed)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business Performance2026 年 3 月期連結業績への影響は現在精査中。今後開示すべき事項が生じた場合には速やかにお知らせ
Date of board resolution15 May 2025
Execution Date / Effective Date2025 年 10 月 1 日(予定)
Conditions Precedent to Execution2025 年 6 月 21 日開催予定の第 23 回定時株主総会及び普通株主による種類株主総会への付議
Management structure after acquisitionAutoTechの代表取締役社長は福永誠一。当社の名称、所在地、資本金及び決算期に変更はなく、代表者は2025年6月1日付の異動後の代表執行役社長CEO明間純。車載事業に係る雇用契約その他の権利義務のうち新設分割計画書で定めるものをAutoTechが承継する。
Items this document does not state (16)
Operating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial Committee

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

ディスプレイ事業への依存による慢性的な赤字体質から脱却し、競争力を強化するため、車載事業を独立会社化して迅速な意思決定を可能にします。また、外部からの資金調達や他社との協業を含む将来の戦略的選択肢を広げることを目的としています。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of Establishment of Subsidiary “株式会社AutoTech” through Company Split | Japan Display Inc. (6740) timely disclosure | Komori