TOKYO, May 19 (Pulse News Wire) – Japan Display Inc. (6740.T) repaid part of its loan to Strawberry Trust on May 15, 2026, aiming to improve financial health and reduce interest expenses.
The repayment involved two transactions totaling ¥4 billion and ¥5.500 billion. The first transaction was executed on May 31, 2023, while the second took place on May 15, 2026, both secured by collateral.
As a result, the company anticipates cutting approximately ¥1.200 billion in interest payments during the fiscal year ending March 2027. In addition to these measures, Japan Display continues to focus on executing its Beyond Display strategy and advancing the sale of assets such as the Moriyama factory to achieve fundamental revenue improvements and financial stability.
CFO Hideki Hirabayashi stated that the company remains committed to these initiatives.
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