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An update from Japan Display ( (JP:6740) ) is now available.
Japan Display Inc. has concluded its voluntary retirement program and workforce reduction efforts, resulting in a significant decrease in its domestic and global workforce. The company expects to leverage its streamlined workforce to enhance its BEYOND DISPLAY growth strategy, aiming for improved profitability. The restructuring is anticipated to cut annual personnel expenses by approximately JPY 13.5 billion, with a positive operating profit expected by FY27/3 due to cost savings and strategic production consolidations.
The most recent analyst rating on (JP:6740) stock is a Hold with a Yen17.50 price target. To see the full list of analyst forecasts on Japan Display stock, see the JP:6740 Stock Forecast page.
More about Japan Display
Japan Display Inc. (JDI) operates in the electronics industry, primarily focusing on the development and manufacturing of display technologies. The company is known for its innovative display solutions and aims to enhance its market position through strategic growth initiatives.
Average Trading Volume: 161,022,644
Technical Sentiment Signal: Sell
Current Market Cap: Yen73.73B
For an in-depth examination of 6740 stock, go to TipRanks’ Overview page.