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Management Message


Transforming Our Business Structure through the BEYOND DISPLAY Strategy
In November 2024, JDI launched the BEYOND DISPLAY strategy to achieve early profitability and sustainable growth. This strategy focuses on expanding our high-growth sensor business and entering the advanced semiconductor packaging sector. These are areas where JDI's long-cultivated display technologies can be applied, and we are confident that we can help address societal challenges by advancing social infrastructure.
In our display business, we are pursuing an asset-light model and outsourcing production to foundry partners.
Additionally, through a capital and business alliance with OLEDWorks in the United States, we plan to establish a display fab and R&D center in the U.S., focusing on critical sectors such as defense, automotive, and healthcare.
Furthermore, we plan to make our automotive display business a subsidiary to enable more independent management and faster decision-making. This will broaden our future strategic options going forward, including external financing and collaboration with other companies.
Rebuilding Our Production System and Financial Foundation
To support the BEYOND DISPLAY strategy, we are restructuring our production system. By December 2025, we will end production at the Mobara Fab, which carries a heavy fixed cost burden, and consolidate production at the more efficient Ishikawa Fab. The Ishikawa Fab will be reorganized into a "MULTI-FAB" that produces high-value-added displays, sensors, and advanced semiconductor packages—combining flexibility, productivity, and cost competitiveness.
In May 2025, we announced a workforce reduction to align our organizational structure with the scale of our business. While this was a difficult decision, we believe it is essential for our recovery. Moving forward, we will work with our remaining employees to build a resilient organization with agility and competitiveness.
Strengthening our financial base is also an urgent priority. In July 2025, we transferred certain intellectual property rights to newly established subsidiaries and sold their
shares to our leading shareholder, Ichigo Trust, to secure working capital. In the same month, we issued stock acquisition rights to Ichigo Trust to raise growth capital for the
BEYOND DISPLAY strategy. We are also negotiating the sale of land and buildings at the Mobara Fab. We will continue working toward financial improvement through early
profitability.
Building Trust and Enhancing Governance
Throughout this transformation, I place particular importance on building trust with our suppliers. My long experience in procurement has taught me that a company's competitiveness and sustainability depend on the strength of its supply chain. Stable supply, and collaboration in technology and quality are critical to our success. Through sincere dialogue and mutual understanding, we aim to co-create sustainable value.
We also recognize the growing importance of human capital. While we have made the difficult decision to reduce our workforce, we are committed to creating a supportive environment for our remaining employees—fostering performance and innovation. We will promote open communication and engage in meaningful dialogue with our team.
JDI has established a governance system that prioritize transparency and integrity, with a majority of independent external directors on the board. As the executive in charge, I will actively leverage the board’s expertise and oversight to ensure sound and transparent decision-making. We will also review internal regulations and business processes to align with our new structure and ensure effective governance.
We are committed to sound and transparent management and to building trust with all stakeholders.
Contributing to a Sustainable Future
JDI is dedicated not only to short-term recovery but also to long-term value creation as a company that contributes to a sustainable society. We will integrate ESG perspectives into our management and strive to be a trusted company through ongoing dialogue with stakeholders. In particular, addressing climate change is an increasingly important issue for JDI and our entire supply chain. While large-scale investments are currently challenging, we will steadily advance our efforts toward a sustainable future.
The path to recovery will not be easy, but we will move forward step by step. As we rebuild, we recognize that long-term success must go hand in hand with responsibility. We are fully committed to becoming a company that contributes to society and the environment―and earns the trust of all. We sincerely ask for your continued understanding and support.