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Japan Display Transfers IP Rights and Sells Subsidiaries to Boost Financial Strategy

Story Highlights
  • Japan Display is diversifying its business to include sensors and semiconductor packaging.
  • JDI is selling subsidiaries to Ichigo Trust to secure working capital and support growth.
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Japan Display Transfers IP Rights and Sells Subsidiaries to Boost Financial Strategy

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Japan Display ( (JP:6740) ) has issued an announcement.

Japan Display Inc. is transferring intellectual property rights to newly established subsidiaries and selling these subsidiaries’ shares to Ichigo Trust to strengthen its financial foundation and support its BEYOND DISPLAY growth strategy. This move is part of JDI’s effort to secure immediate working capital and optimize its capital structure amid challenging industry conditions, with plans to reduce costs and improve profitability by transitioning to an asset-light business model.

More about Japan Display

Japan Display Inc. (JDI) operates in the global display industry, focusing on the production of display panels. The company is transitioning from a display-centric business model to a diversified portfolio that includes sensors and advanced semiconductor packaging, aiming to enhance profitability and competitiveness.

Average Trading Volume: 79,499,957

Technical Sentiment Signal: Sell

Current Market Cap: Yen69.85B

Find detailed analytics on 6740 stock on TipRanks’ Stock Analysis page.

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