Worth reading
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Avoiding a definitive answer
How definitive the wording is.This transaction
Dissolution and liquidationDisclosing companyJapan Display Inc.
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
Sale of displays and other products
Location Hong KongShare capital HK$1.5 millionDate of incorporation 8 February 2012
Net SalesUS$79.230 million (fiscal year ending March 2026)
Operating profitUS$1.015 million (fiscal year ending March 2026)
Net income for the current fiscal yearUS$1.166 million (fiscal year ending March 2026)
Net assetsUS$20.487 million (fiscal year ending March 2026)
Impact on Business Performance
The impact on consolidated results is currently under review.
Procedures and assumptions
Conditions Precedent to ExecutionThe necessary liquidation procedures under local laws and regulations
| Item | Details |
|---|---|
| Transaction name | Dissolution and liquidation |
| Name of the Subject Company | JDI Hong Kong Limited |
| Business Description of the Subject Company | Sale of displays and other products |
| Location of the Subject Company | Hong Kong |
| Capital Stock of the Subject Company | HK$1.5 million |
| Date of Establishment of the Subject Company | 8 February 2012 |
| Net Sales of the Subject Company | US$79.230 million (fiscal year ending March 2026) |
| Operating Profit of the Subject Company | US$1.015 million (fiscal year ending March 2026) |
| Net Income of the Subject Company | US$1.166 million (fiscal year ending March 2026) |
| Net Assets of the Subject Company | US$20.487 million (fiscal year ending March 2026) |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Impact on Business Performance | The impact on consolidated results is currently under review. |
| Date of board resolution | 9 July 2026 |
| Execution Date / Effective Date | Operations cessation date: 30 September 2026 (予定). The liquidation completion date is expected to be after the cessation of operations, once the necessary procedures under local laws and regulations have been completed (予定). |
| Conditions Precedent to Execution | The necessary liquidation procedures under local laws and regulations |
Items this document does not state (17)
Counterparty nameAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
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.To reorganize its overseas sales bases and improve operational efficiency while transforming its product portfolio.
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