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Earnings presentation6740Japan Display Inc.Electrical and Precision Instruments

Fiscal 2025 Second-Quarter (Interim) Financial Results Presentation

In the first half of fiscal 2025, revenue declined substantially due to production reductions and shutdowns at plants and other factors, while the operating loss narrowed through reductions in fixed costs and personnel expenses resulting from structural reforms. Gains on the sale of shares in affiliates resulted in a net profit on a standalone quarterly basis.

Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-365
¥100 million
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation2025年度 第2四半期（中間期）7 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥664 100 million-35.5%
Operating profit¥-144 100 million
Ordinary income¥-191 100 million
Net income¥-114 100 million
Results for the three months of the current quarter
Net Sales
¥340 100 million-27.7%
Operating profit
¥-53 100 million
Ordinary income
¥-71 100 million
Quarterly net income
¥89 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Foreign exchange impact
    FY25 1H-¥0.7 billion
    FY25 2Q-¥100 million
    FY25 2Q対1Q+¥100 million
  • Lower volume
    FY25 1H-101億円
    FY25 2Q-43億円
    FY25 2Q対1Q+¥0.3 billion
  • Product Mix
    FY25 1H+¥600 million
    FY25 2Q+¥1.4 billion
    FY25 2Q対1Q+¥1.9 billion
  • Fixed-Cost Reduction
    FY25 1H+¥10.7 billion
    FY25 2Q+¥6.1 billion
    FY25 2Q対1Q+¥1.6 billion
  • Other
    FY25 1H+¥600 million
    FY25 2Q+¥0.0 billion
    FY25 2Q対1Q+¥0.0 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rateFY25 1H 146.0円/米ドル、FY25 2Q 147.5円/米ドル
New initiatives
  • AutoTech子会社化を2026年4月1日に延期し、当面は社内カンパニー化
  • 茂原工場の生産終了を2025年11月へ前倒しし、AIデータセンターへの転用を検討
  • 全社組織・執行体制の再編
  • 産機用途ディスプレイ、Rælclear、LEDディスプレイ用基板、ZINNSIA、X線センサー、サーマルイメージングセンサー、ユニバーサルRDL技術の開発・展開
Segment results
  • Consumer and industrial equipment
    Net Sales¥135 100 million (YoY -64.8%)
  • Automotive
    Net Sales¥529 100 million (YoY -18.1%)
Medium-term management plan targets
TargetFY26の黒字化、損益分岐点売上高630億円
Target fiscal yearFY26
Number of employees
Number of Employees国内従業員数2,639名（2025年3月31日現在）
Change during the period希望退職応募者数1,483名
Capital expenditures
¥2 100 million cash outflows for acquisition of fixed assets
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period Covered2025年度 第2四半期（中間期）
Net Sales¥664 100 million (YoY -35.5%)
Operating profit¥-144 100 million
Ordinary income¥-191 100 million
Net income¥-114 100 million
Results for the three months of the current quarterNet Sales ¥340 100 million (YoY -27.7%) / Operating profit ¥-53 100 million / Ordinary income ¥-71 100 million / Quarterly net income ¥89 100 million
Segment resultsSegment Consumer and industrial equipment / Net Sales ¥135 100 million (YoY -64.8%) / Profit Not disclosed, Segment Automotive / Net Sales ¥529 100 million (YoY -18.1%) / Profit Not disclosed
Breakdown of Factors Affecting the ChangeItem Foreign exchange impact / FY25 1H -¥0.7 billion / FY25 2Q -¥100 million / FY25 2Q対1Q +¥100 million, Item Lower volume / FY25 1H -101億円 / FY25 2Q -43億円 / FY25 2Q対1Q +¥0.3 billion, Item Product Mix / FY25 1H +¥600 million / FY25 2Q +¥1.4 billion / FY25 2Q対1Q +¥1.9 billion, Item Fixed-Cost Reduction / FY25 1H +¥10.7 billion / FY25 2Q +¥6.1 billion / FY25 2Q対1Q +¥1.6 billion, Item Other / FY25 1H +¥600 million / FY25 2Q +¥0.0 billion / FY25 2Q対1Q +¥0.0 billion
Number of employeesNumber of Employees 国内従業員数2,639名（2025年3月31日現在） / Change during the period 希望退職応募者数1,483名 / Hiring plan Not disclosed
Assumptions Underlying the Business OutlookAverage exchange rate FY25 1H 146.0円/米ドル、FY25 2Q 147.5円/米ドル / Other Not disclosed
Medium-term management plan targetsTarget FY26の黒字化、損益分岐点売上高630億円 / Target fiscal year FY26 / Comparison with actual results Not disclosed
Capital expenditures¥2 100 million (cash outflows for acquisition of fixed assets)
New initiativesAutoTech子会社化を2026年4月1日に延期し、当面は社内カンパニー化, 茂原工場の生産終了を2025年11月へ前倒しし、AIデータセンターへの転用を検討, 全社組織・執行体制の再編, 産機用途ディスプレイ、Rælclear、LEDディスプレイ用基板、ZINNSIA、X線センサー、サーマルイメージングセンサー、ユニバーサルRDL技術の開発・展開
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

売上高の減少は、茂原工場での生産縮小や鳥取工場での生産終了などによるもの。営業損失の縮小は、鳥取工場の生産終了、茂原工場の生産縮小に伴う工場経費削減、研究開発費の見直し、人件費削減などによるもの。中間純利益には関係会社株式売却益185億円などを計上した。

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.
Fiscal 2025 Second-Quarter (Interim) Financial Results Presentation | Japan Display Inc. (6740) timely disclosure | Komori