Ending LCD production at the Tottori plant and converting it into a strategic site
First written in FY2024-Q1. 4 of 8 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-08-24.
0 other companies' latest entry also says "Achieved".
- 2026-08-24AchievedM&A and Subsidiary Changes
「当初 2026 年 9 月 30 日を予定していた物件引渡しを本日付で完了しましたのでお知らせいたします。なお、鳥取工場で現在行っている車載用ディスプレイ関連の開発・設計等の事業活動は、以下の新拠点にて継続いたします。」
鳥取工場の土地・建物・付帯設備の譲渡と物件引渡しが2026年8月24日付で完了した。一方、車載用ディスプレイ関連の開発・設計等は鳥取オフィスへ移転して継続するため、鳥取工場の資産譲渡は完了したが、関連事業活動全体の終息は示されていない。 - FY2026AdvancedAnnual report
「In March 2026, the Company entered into an agreement to transfer the Tottori Plant. Handover of the property is scheduled for the end of September 2026.」
Regarding the Tottori Plant, the plan progressed from converting it into a strategic site after production ended to signing an agreement to transfer the land and buildings, with handover scheduled for the end of September 2026. - FY2025AchievedAnnual report
「In March 2025, the company also ended panel production at the Tottori Plant in Tottori, Tottori Prefecture.」
At the Tottori Plant, the company completed the planned cessation of LCD panel production, which had been targeted for around March 2025. After production ended, it continued design, analysis and other activities for the automotive business. - FY2025-H1AdvancedAnnual report
「The company decided to end production at the Tottori Plant, which uses a-Si technology and has limited ability to address the shift toward higher-performance displays, by March 2025, and built up inventory of products ahead of the production shutdown.」
Regarding the end of LCD production at the Tottori Plant, the Company progressed to the stage of building up inventory for the plan to end production by March 2025. Completion of the production shutdown itself was not disclosed during the interim consolidated accounting period under review. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 2 August 2023, we resolved to end production at the Tottori Plant, which uses a-Si technology with limited ability to support higher-performance displays compared with LTPS technology, around March 2025.」
The company reiterated its plan to end a-Si LCD production at the Tottori Plant around March 2025. Completion of the production shutdown after that date has not yet been reported. - FY2024-Q1First statedAnnual report
「At a Board of Directors meeting held on 2 August 2023, the company resolved to end LCD production at the Tottori Plant in Tottori City, Tottori Prefecture, in March 2025. After production ends, the plant will continue to serve as a strategic base for automotive-related functions, including development, design, and quality assurance. The company plans to retain the plant's employees and reassign them within the site or to other locations.」
The company decided to end LCD production at the Tottori Plant in March 2025, as its productivity and cost competitiveness were relatively low due to its a-Si production capability. After production ends, the site will continue to operate as a development, design and quality-assurance base for the automotive sector, with employment maintained for 499 employees and transfers planned.