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Japan Display ( (JP:6740) ) has issued an update.
Japan Display Inc. has disclosed its relationship with its controlling shareholder, Ichigo Trust, which holds 78.2% of JDI’s voting rights. The company has entered into a capital alliance with Ichigo to support its business restructuring initiatives, including the issuance of new stock acquisition rights and the transfer of certain intellectual property rights to newly established subsidiaries. JDI emphasizes its operational independence from Ichigo, ensuring that the relationship does not impose business restrictions and that measures are in place to protect minority shareholders.
More about Japan Display
Japan Display Inc. (JDI) operates in the display technology industry, primarily focusing on the development and manufacturing of advanced display solutions. The company is known for its innovative products in the field of LCD and OLED displays, catering to various market segments including consumer electronics and automotive displays.
Average Trading Volume: 80,759,107
Technical Sentiment Signal: Sell
Current Market Cap: Yen77.61B
For an in-depth examination of 6740 stock, go to TipRanks’ Overview page.