Japan Display, The Current Fiscal Year Net Income Loss Widened in Downward Revision, 72% Deficit Against Net Assets

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Wed Feb 12, 2025 3:30 pm JST Revision

6740 Japan Display Inc. 【J-GAAP】

Guidance Update Report

Japan Display Inc. <6740> [TSE Prime] announced a performance revision after the market closed on February 12th (15:30). The consolidated net income/loss for the fiscal year ending March 2025 has been revised downward from an expected loss of 39.3 billion yen to a loss of 62 billion yen (compared to a loss of 33.1 billion yen in the previous period), indicating an expansion in the loss margin The deficit amounted to a 72.5% impairment of net assets at the end of the previous fiscal year..

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated net income/loss has been revised downward from an expected loss of 22.4 billion yen to a loss of 45.2 billion yen (compared to a loss of 15.6 billion yen in the same period of the previous year), indicating an expansion in the loss margin.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	77,087	-16,219	-19,469	-22,479	-5.8	0	Nov 13, 2024	J-GAAP
Oct - Mar, 2024 New	77,087	-16,219	-19,469	-45,247	-11.7	0	Feb 12, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	-101.3%	-101.4%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	180,000	-31,700	-36,800	-39,300	-10.1	0	Nov 13, 2024	J-GAAP
Mar, 2025 New	180,000	-31,700	-36,800	-62,068	-16.0	0	Feb 12, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	-57.9%	-57.9%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	119,271	-12,704	-15,032	-4,481	-1.0	0	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	77,087	-16,219	-19,469	-45,247	-11.7	0	Feb 12, 2025	J-GAAP
YoY	-35.4%	-27.7%	-29.5%	-909.8%	-1,102.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	270,746	-44,386	-42,924	-25,818	-5.5	0	May 12, 2023	J-GAAP
Mar, 2024	239,153	-34,145	-34,145	-33,188	-7.2	0	May 13, 2024	J-GAAP
Mar, 2025 Guidance	180,000	-31,700	-36,800	-62,068	-16.0	0	Feb 12, 2025	J-GAAP
YoY	-24.7%	+7.2%	-7.8%	-87.0%	-123.5%