Worth reading
54Recurring
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
500
¥ million (estimated amount)Wording
Conditional
How definitive the wording is.This transaction
Transfer of the Tottori PlantCounterparty八幡東栄エステート株式会社
Disclosing companyJapan Display Inc.
Execution Date / Effective Date24 August 2026 (completion of property handover)
Target company
Real estate leasing and cement wholesale
Location Tottori City, Tottori PrefectureShare capital ¥20 million
Consideration and expenses
Acquisition priceNot disclosed at the request of the transferee
Type of ConsiderationCash (transfer price)
Amount of extraordinary income (loss)¥500 million gain on the sale of non-current assets (estimated amount), scheduled to be recognized as extraordinary income in the second quarter (interim period) of the fiscal year ending March 2027
Impact on Business Performance
The Company plans to recognize a ¥500 million gain on the sale of non-current assets (estimated amount) as extraordinary income in its financial results for the second quarter (interim period) of the fiscal year ending March 2027.
Procedures and assumptions
Valuation methodologyFair value reflecting market prices
Management structure after acquisitionBusiness activities related to the development and design of automotive displays currently conducted at the Tottori Plant will continue at the Tottori Office. The relocation to the Tottori Office is scheduled for 24 September 2026.
| Item | Details |
|---|---|
| Transaction name | Transfer of the Tottori Plant |
| Counterparty name | 八幡東栄エステート株式会社 |
| Business Description of the Subject Company | Real estate leasing and cement wholesale |
| Location of the Subject Company | Tottori City, Tottori Prefecture |
| Capital Stock of the Subject Company | ¥20 million |
| Acquisition price | Not disclosed at the request of the transferee |
| Type of Consideration | Cash (transfer price) |
| Amount of extraordinary income (loss) | ¥500 million gain on the sale of non-current assets (estimated amount), scheduled to be recognized as extraordinary income in the second quarter (interim period) of the fiscal year ending March 2027 |
| Impact on Business Performance | The Company plans to recognize a ¥500 million gain on the sale of non-current assets (estimated amount) as extraordinary income in its financial results for the second quarter (interim period) of the fiscal year ending March 2027. |
| Execution Date / Effective Date | 24 August 2026 (completion of property handover) |
| Valuation methodology | Fair value reflecting market prices |
| Management structure after acquisition | Business activities related to the development and design of automotive displays currently conducted at the Tottori Plant will continue at the Tottori Office. The relocation to the Tottori Office is scheduled for 24 September 2026. |
Items this document does not state (20)
Name 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 priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountDate of board resolutionContract DateIndependent 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 transfer of the Tottori Plant, where production of liquid crystal displays ended in March 2025, is intended to strengthen competitiveness and improve profitability by optimizing asset efficiency to match the scale of the business.
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