Worth reading
60In focus
Scored from 2 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
514
¥100 million (approximate amount of extraordinary gain in the consolidated financial statements)Wording
Conditional
How definitive the wording is.This transaction
Transfer of the Mobara PlantCounterpartyShinko Electric Industries Co., Ltd.
Disclosing companyJapan Display Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceWe refrain from disclosing this information at the request of the transferee.
Amount of extraordinary income (loss)Extraordinary gain of ¥51.4 billion in the consolidated financial statements (approximate amount) and ¥54.9 billion in the non-consolidated financial statements (approximate amounts). Scheduled to be recognized in the consolidated financial statements for the fourth quarter of the fiscal year ending March 2027.
Impact on Business Performance
An extraordinary gain of ¥51.4 billion (approximate amount) is expected to be recognized in the consolidated financial statements for the fourth quarter of the fiscal year ending March 2027. An extraordinary gain of ¥54.9 billion (approximate amount) is expected to be recognized in the non-consolidated financial statements.
Procedures and assumptions
Valuation methodologyFair value reflecting market prices
| Item | Details |
|---|---|
| Transaction name | Transfer of the Mobara Plant |
| Counterparty name | Shinko Electric Industries Co., Ltd. |
| Acquisition price | We refrain from disclosing this information at the request of the transferee. |
| Amount of extraordinary income (loss) | Extraordinary gain of ¥51.4 billion in the consolidated financial statements (approximate amount) and ¥54.9 billion in the non-consolidated financial statements (approximate amounts). Scheduled to be recognized in the consolidated financial statements for the fourth quarter of the fiscal year ending March 2027. |
| Impact on Business Performance | An extraordinary gain of ¥51.4 billion (approximate amount) is expected to be recognized in the consolidated financial statements for the fourth quarter of the fiscal year ending March 2027. An extraordinary gain of ¥54.9 billion (approximate amount) is expected to be recognized in the non-consolidated financial statements. |
| Date of board resolution | 30 September 2026 |
| Contract Date | 30 September 2026 |
| Execution Date / Effective Date | 31 March 2027 (scheduled) |
| Valuation methodology | Fair value reflecting market prices |
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 amountIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.The transfer was considered with the objectives of optimizing management resources, improving asset efficiency and strengthening the financial base. Following a comprehensive review, the transfer to Shinko Electric Industries Co., Ltd. was determined to be the optimal option from the standpoint of economic rationality.
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.