Japan Display 's Controlling Shareholder Ichigo Trust Holds 78.20% Voting Rights

TOKYO, Jun 30 (Pulse News Wire) – Japan Display Inc. (6740.T) disclosed that its controlling shareholder, Ichigo Trust, holds 78.20% voting rights as of March 31, 2026.

According to the latest report filed on June 26, 2026, Ichigo’s voting rights stood at 78.20%, based on changes reported on March 31, 2026. Ichigo Trust entered into a capital alliance agreement with Japan Display to support business revitalization efforts. Scott Carron, CEO of Ichigo Asset Management International PTY Limited and concurrently serving as chairman of Japan Display’s board, oversees investment management activities.

Despite the close relationship, Japan Display maintains operational independence and ensures minority shareholders' interests through independent outside directors’ oversight during related transactions. In fiscal year ending April 01, 2025, Japan Display had a capital of ¥5.500 billion and outstanding borrowings of ¥65.00 billion from Ichigo Trust. Additionally, the company repaid part of the borrowed funds amounting to ¥14.00 billion on May 15, 2026 and June 26, 2026.

Furthermore, Ichigo exercised some warrants, enabling Japan Display to raise approximately ¥14.40 billion while issuing 577,866,660 common shares to Ichigo on May 13, 2026 and May 15, 2026.