Komori
Business alliance6740Japan Display Inc.Electrical and Precision Instruments

Notice of Basic Agreement with Ichigo Trust to Strengthen the Company's Financial Base

Japan Display Inc. entered into a basic agreement to transfer the land and buildings of the Mobara Plant and certain intellectual property to Ichigo Trust, use the proceeds to repay ¥65 billion in borrowings from Ichigo Trust and secure growth capital.

Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
650
¥100 million
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

6740Japan Display Inc.
Alliance partnerIchigo Trust
Details of the alliance
  1. 1

    いちごへ生産終了予定の当社茂原工場の土地と建屋を譲渡

  2. 2

    いちごへ当社及び当社子会社である JDI Design and Development 合同会社が保有する一部の特許権等の知的財産を譲渡

  3. 3

    上記譲渡により、いちごからの 650 億円の借入金の返済を実施し、譲渡資産の対価に見合う新たな成長資金を確保

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business Description日本企業への投資に特化した資産運用
LocationCayman Islands
Impact on Business Performance

当連結年度業績への影響は現在精査中。今後、業績への影響額が判明したら、速やかに知らせる。

Contract Date2025年5月15日(基本合意書);2025年5月30日(予定、最終契約)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerIchigo Trust
Alliance partner's business activities日本企業への投資に特化した資産運用
Alliance partner's locationCayman Islands
Details of the allianceいちごへ生産終了予定の当社茂原工場の土地と建屋を譲渡, いちごへ当社及び当社子会社である JDI Design and Development 合同会社が保有する一部の特許権等の知的財産を譲渡, 上記譲渡により、いちごからの 650 億円の借入金の返済を実施し、譲渡資産の対価に見合う新たな成長資金を確保
Contract Date2025年5月15日(基本合意書);2025年5月30日(予定、最終契約)
Impact on Business Performance当連結年度業績への影響は現在精査中。今後、業績への影響額が判明したら、速やかに知らせる。
Items this document does not state (17)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

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.

財務基盤を抜本的に強化し、BEYOND DISPLAY戦略の実現に必要な成長資金を確保するため。

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 Basic Agreement with Ichigo Trust to Strengthen the Company's Financial Base | Japan Display Inc. (6740) timely disclosure | Komori