Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)
株式会社ジャパンディスプレイ and its consolidated group
Mobara Plant, Tottori Plant, Ishikawa Plant, automotive, consumer and industrial equipment, displays for LCD smartphones, OLED displays for smartwatches
Lower production and shipments following the end of production at the Mobara Plant in November 2025, the strategic reduction of displays for LCD smartphones, and lower shipments of OLED displays for smartwatches. Fixed-cost reductions from workforce reductions and the consolidation of production sites implemented in the previous fiscal year are also described.
Interim net loss attributable to owners of the parent of ¥7.04 billion, and extraordinary losses of ¥872 million, including an impairment loss of ¥417 million and an ¥300 million provision for litigation loss. Extraordinary gains included a ¥994 million reversal of provisions for business structure improvement expenses and a ¥518 million gain on the sale of fixed assets.
Interim period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
No consolidated earnings forecast has been published for the fiscal year ending March 2027. The company will make a timely disclosure once its measures are finalized or a reasonable estimate becomes possible.
Company response
Production at the Mobara Plant ended in November 2025, resulting in lower production and shipments.
The company is working to complete the transfer of the Mobara Plant in March 2027 and expects to record an approximately ¥51.4 billion gain on the sale of fixed assets. It is pursuing measures to strengthen its financial foundation, transform its business portfolio through the BEYOND DISPLAY strategy, establish new sources of revenue, and secure funding and strengthen its capital base.
The company will promptly disclose its consolidated earnings forecast once its measures are finalized and a reasonable estimate becomes possible.
| Item | Details |
|---|---|
| Event name | Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) |
| Date of occurrence | 30 September 2026 (end of the interim consolidated accounting period) |
| Subject Entity | 株式会社ジャパンディスプレイ and its consolidated group |
| Target Locations / Products | Mobara Plant, Tottori Plant, Ishikawa Plant, automotive, consumer and industrial equipment, displays for LCD smartphones, OLED displays for smartwatches |
| Cause | Lower production and shipments following the end of production at the Mobara Plant in November 2025, the strategic reduction of displays for LCD smartphones, and lower shipments of OLED displays for smartwatches. Fixed-cost reductions from workforce reductions and the consolidation of production sites implemented in the previous fiscal year are also described. |
| Amount of Impact on Business Performance | Interim net loss attributable to owners of the parent of ¥7.04 billion, and extraordinary losses of ¥872 million, including an impairment loss of ¥417 million and an ¥300 million provision for litigation loss. Extraordinary gains included a ¥994 million reversal of provisions for business structure improvement expenses and a ¥518 million gain on the sale of fixed assets. |
| Accounting period in which recognized | Interim period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026) |
| Impact on Earnings Forecast | No consolidated earnings forecast has been published for the fiscal year ending March 2027. The company will make a timely disclosure once its measures are finalized or a reasonable estimate becomes possible. |
| Suspended operations | Production at the Mobara Plant ended in November 2025, resulting in lower production and shipments. |
| Outlook | The company is working to complete the transfer of the Mobara Plant in March 2027 and expects to record an approximately ¥51.4 billion gain on the sale of fixed assets. It is pursuing measures to strengthen its financial foundation, transform its business portfolio through the BEYOND DISPLAY strategy, establish new sources of revenue, and secure funding and strengthen its capital base. |
| Planned follow-up disclosure | The company will promptly disclose its consolidated earnings forecast once its measures are finalized and a reasonable estimate becomes possible. |
Items this document does not state (14)
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 decline in revenue was attributable to lower production and shipments following the end of production at the Mobara Plant in November 2025, the strategic reduction of displays for LCD smartphones, and lower shipments of OLED displays for smartwatches. Meanwhile, profitability and the financial foundation improved as a result of fixed-cost reductions from workforce reductions and the consolidation of production sites in the previous fiscal year, the exercise of stock acquisition rights, and the transfer of a plant, among other factors.