• Kyodo

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Japan Display Inc. said Tuesday it posted a group net loss of ¥101.42 billion ($938 million) in fiscal 2019, a red ink figure for the sixth straight year, due to hefty restructuring costs and weak demand for products.

In a delayed earnings report due to the new coronavirus outbreak, the struggling panel-maker logged a consolidated operating loss of ¥38.54 billion in the business year through March, on sales of ¥504.02 billion, down 20.8 percent from a year earlier.

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