Japan Display Repays Part of Strawberry Trust Loan, Aims to Cut Interest Payments

TOKYO, Jun 25 (Pulse News Wire) – Japan Display Inc. (6740.T) repaid a portion of its loan from Strawberry Trust, in an effort to improve financial health and reduce interest expenses.

The repayment was part of a broader strategy aimed at cutting approximately ¥500 million in interest payments for the fiscal year ending March 2027. This move follows the company's ongoing efforts to execute its BEYOND DISPLAY strategy and advance the sale of assets such as the Moriyama Factory.

CEO Jun Akamine stated that these actions are crucial steps towards achieving sustainable profitability and financial stability. In the coming months, Japan Display plans to continue focusing on strategic initiatives designed to enhance operational efficiency and strengthen its financial position.

CFO Ken Hirabayashi confirmed that the company remains committed to implementing measures that will support long-term growth and resilience.