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JDI to Transfer Mobara Plant to Shinko Electric Industries, Expects 51.4 Billion Yen Special Gain
Japan Display announced on the 30th that it will sell its Mobara plant in Chiba Prefecture to Shinko Electric Industries. The sale price was not disclosed. The company expects to record a special gain of 51.4 billion yen in its consolidated results for the January-March quarter of 2027. JDI ended production at the plant in November 2025 and had been negotiating the sale with multiple candidates as part of efforts to strengthen its financial base.
6740.JP · Capital · Positive JDI will record a 51.4 billion yen special gain from selling its Mobara plant, strengthening its financial base.
Shinko Electric Industries · Capital · Neutral Shinko Electric is buying JDI's Mobara plant, but the sale price and terms were not disclosed.