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

Notice of Transfer of the Tottori Plant

The Company has entered into a definitive agreement to transfer the land, buildings, ancillary facilities and other assets of the Tottori Plant to 八幡東栄エステート株式会社. Handover is scheduled for 30 September 2026, and development, design and other activities related to in-vehicle displays will continue at a new location in Tottori City.

Worth reading
28Immaterial
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
5.3
¥100 million (carrying amount)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Transfer of the Tottori Plant
Counterparty八幡東栄エステート株式会社
Disclosing companyJapan Display Inc.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceThe transfer price is not disclosed at the request of the transferee.
Amount of extraordinary income (loss)In the fiscal year ending March 2027, the difference between the transfer price and the carrying amount at the time of handover is expected to be recognized as a gain or loss on transfer under extraordinary income or loss. The amount is not disclosed.
Impact on Business Performance

The impact of this transfer on the Company's consolidated results is expected to be immaterial.

Procedures and assumptions
Valuation methodologyFair value reflecting market prices
Management structure after acquisitionThe Company will establish a new location in Tottori City and continue its current business activities, including development and design related to in-vehicle displays. The corporate name, representative and treatment of employees are Not disclosed
This transaction
ItemDetails
Transaction nameTransfer of the Tottori Plant
Counterparty name八幡東栄エステート株式会社
Acquisition priceThe transfer price is not disclosed at the request of the transferee.
Amount of extraordinary income (loss)In the fiscal year ending March 2027, the difference between the transfer price and the carrying amount at the time of handover is expected to be recognized as a gain or loss on transfer under extraordinary income or loss. The amount is not disclosed.
Impact on Business PerformanceThe impact of this transfer on the Company's consolidated results is expected to be immaterial.
Contract Date31 March 2026
Execution Date / Effective Date30 September 2026 (scheduled)
Valuation methodologyFair value reflecting market prices
Management structure after acquisitionThe Company will establish a new location in Tottori City and continue its current business activities, including development and design related to in-vehicle displays. The corporate name, representative and treatment of employees are Not disclosed
Items this document does not state (23)
Name of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountDate of board resolutionIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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.

The Company explained that, following the end of panel production and the progress of structural reforms, it considered how to utilize the Tottori Plant from the perspective of achieving appropriate asset efficiency commensurate with the scale of its business, and decided to transfer it.

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 Transfer of the Tottori Plant | Japan Display Inc. (6740) timely disclosure | Komori