Komori
Japan Display (6740) · InitiativeAchieved

Starting operations at the Hakusan plant’s Gen 6 line

First written in FY2016. 2 of 7 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2021-Q2.

7entries
5years
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ProgressHeldSoftenedWorseFirst statedFY2016OtherFY2017 – FY20202016: 120162017: 220172018: 020182019: 020192020: 42020
Same theme, other companies
Operation and Transfer of the Hakusan Plant Sixth-Generation LineA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021-Q2AchievedAnnual report

    「The transfer procedures were completed on 1 October 2020, and the properties were handed over to both companies.」

    For the Hakusan Plant after the suspension of operations, the procedures for transferring production equipment to customers and the land, buildings and ancillary facilities to Sharp Corporation, as well as handover of the properties, were completed.
  2. FY2021-Q1AdvancedAnnual report

    「As set out below, the Company resolved at a meeting of the Board of Directors held on 28 August 2020 to transfer fixed assets and entered into final agreements with each transferee.」

    Following the suspension of operations at the Hakusan Plant and the equipment transfer agreement, the company entered into definitive agreements covering an additional transfer to customers and the transfer of land, buildings and ancillary facilities to Sharp Corporation. The total transfer price was approximately ¥49.3 billion, and delivery of the properties was scheduled for September to October 2020.
  3. FY2020Agreement for the transfer of production equipment at the Hakusan PlantAnnual report

    「At a meeting of the Board of Directors held on 31 March 2020, the Company resolved, effective 31 March 2020, to transfer certain production equipment at its Hakusan Plant, which had ceased operations in July 2019, to a major overseas corporate customer for approximately ¥21.5 billion, and executed the definitive agreement on 31 March 2020.」

    Regarding the Hakusan Plant after the suspension of operations, the company entered into an agreement to transfer production equipment to a major customer. The focus shifted from monitoring the start of operations to disposing of idle equipment and reducing fixed costs.
  4. FY2020-Q3Hakusan Plant production shutdownAnnual report

    「Revenue declined 16.7% year on year to ¥387,775 million, mainly due to the suspension of operations at the Hakusan plant, which produced smartphone displays.」

    In the context of continued operations following the start-up of the sixth-generation line, the filing explicitly stated that operations had ceased at the Hakusan Plant, which had produced smartphone displays.
  5. FY2017RestatedAnnual report

    「Investment of ¥47,225 million related to the construction of a sixth-generation LCD panel production line in Hakusan, Ishikawa Prefecture」

    For the sixth-generation line at the Hakusan Plant, the company disclosed capital expenditure for the fiscal year. Mass production had already begun in the previous quarter, and no new start-of-operations milestone was presented.
  6. FY2017-Q3AdvancedAnnual report

    「In the third quarter, we began mass production on a low-temperature polysilicon (LTPS) LCD line at the newly established Hakusan Plant, using sixth-generation (1,500 mm × 1,850 mm) glass substrates. The production line introduced at the Hakusan Plant can process 25,000 sheets of sixth-generation glass substrates per month. With the start of operations at this line, our overall LCD panel production capacity expanded by approximately 20%.」

    The company began mass production on the sixth-generation LTPS line at the Hakusan Plant, indicating an input capacity of 25,000 sheets per month and an approximately 20% expansion in total LCD panel production capacity.
  7. FY2016First statedAnnual report

    「The newly constructed sixth-generation LCD display plant in Hakusan, Ishikawa Prefecture, will begin operations in fiscal 2016.」

    The company plans total investment of ¥170 billion in the Hakusan Plant and a post-completion production system capable of producing 25,000 sheets per month.
Moved together

"Funding and liquidity risks associated with large-scale capital investment" moved the same way as this thread, in the same document, in 2 of its 7 moves.

222222★123456
  1. ★This thread
  2. 1Funding and liquidity risks associated with large-scale capital investment2×
  3. 2Reducing fixed costs and improving capital efficiency2×
  4. 3Lowering the break-even point, strengthening cash flow and changing corporate culture2×
  5. 4Lower plant utilization and fixed-cost burden2×
  6. 5Earnings recovery and profit maximization from the next fiscal year onward2×
  7. 6Partnership negotiations to strengthen the financial base2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Japan Display's next results are scheduled for 2026-11-12. Read the earnings preview
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