tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Japan Display Secures $26.9 Million Pre-Payment to Boost Production

Story Highlights
Japan Display Secures $26.9 Million Pre-Payment to Boost Production

TipRanks Cyber Monday Sale

An announcement from Japan Display ( (JP:6740) ) is now available.

Japan Display Inc. (JDI) has announced that it will receive USD 26.9 million in pre-payments from a key customer and two Tier 1 suppliers to support accelerated production and inventory build at its Mobara Fab. This move is aimed at ensuring a stable supply of display modules before the planned production end at the facility, which is expected to bolster JDI’s financial position and meet customer demands.

The most recent analyst rating on (JP:6740) stock is a Hold with a Yen20.50 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 display technology industry, focusing on the production of advanced display modules. The company serves a variety of markets, including consumer electronics, automotive, and other technology sectors.

Average Trading Volume: 246,108,740

Technical Sentiment Signal: Buy

Current Market Cap: Yen81.49B

For an in-depth examination of 6740 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1