Japan Display logs ¥83 billion net loss in first quarter

Business / Corporate Aug 9, 2019

Japan Display logs ¥83 billion net loss in first quarter

Japan Display Inc. said Friday it had developed a negative net worth following a group net loss of ¥83.27 billion ($786 million) for the April-June quarter due to restructuring costs and falling demand for smartphone displays. The company also posted an operating loss of ¥27.48 ...

Banks to extend support for struggling Japan Display

Business / Corporate Jul 23, 2019

Banks to extend support for struggling Japan Display

Three main credit banks for Japan Display Inc. are poised to continue supporting the struggling maker of small and midsize liquid crystal display panels, it was learned Monday. Mizuho Bank Ltd., Sumitomo Mitsui Banking Corp. and Sumitomo Mitsui Trust Bank Ltd. will extend their commitment ...

Sharp to consider investing in Japan Display if asked, CEO says

Business Jun 26, 2019

Sharp to consider investing in Japan Display if asked, CEO says

Sharp Corp. CEO and Chairman Tai Jeng-wu said Tuesday his company will consider investing in Japan Display Inc. if the struggling display maker asks for financial aid. Tai made the remark at Sharp's business strategies briefing held after the company's annual shareholders meeting in Sakai, ...