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News Releases

April 03, 2014

Japan Display Inc. Completes Production Transfer of Automotive Displays from
Ishikawa Plant.
- Strategy to Bolster Automotive Display Business Continues to Progress -

April 3, 2014 (Tokyo, Japan): Japan Display Inc. (President: Shuichi Otsuka; JDI), a leading global supplier of small- and medium-sized displays, has completed the production transfer of its automotive displays at the third-generation Amorphous Silicon TFT LCD* line ("a-Si line"), from the Ishikawa Plant, which was part of an ongoing effort in a strategy to strengthen its automotive display business, and ended production at the end of March 2014 as scheduled. JDI has consolidated the functions of its automotive display business, including development, design, production, and quality assurance at the Tottori Plant, which has the fourth-generation a-Si line, and will accelerate technology development as well as promote further expansion and improved efficiency to meet rising customer demands.

The plan for consolidating the automotive display business at the Tottori Plant was announced in July, 2013, and since then JDI has been working to gather the relevant resources, installing cutting-edge equipment, and obtaining approval of the transfer from customers. Currently, JDI is providing customers with secure environments by using the fourth-generation a-Si line in the Tottori Plant as the main factory for the production of automotive display products, as well as establishing a multi-site production system that enables production at the 4.5 generation a-Si lines in the Mobara Plant, with the perspective of the BCP.

The employees who were working at the a-Si line in Ishikawa Plant have been transferred to the Organic EL display pilot line inside the same plant, and other locations within the company. The impairment loss concerning the production transfer has already been recorded as an extraordinary loss for the fiscal year ended in March 2013, and will not affect the consolidated financial statement for the fiscal year ending in March 2014.

* LCD panels which use a non-crystalline allotropic form of silicon (a-Si) for thin-film transistors (TFTs)

About JDI
Japan Display Inc. (JDI) is the leading global manufacturer of small- and medium-sized display panels and has the world's largest manufacturing capacity for LTPS LCD panels. JDI develops, designs and manufactures displays that provide high resolution, low power consumption and an ultra thin structure for application in smartphones, tablets, automotive electronics, digital cameras, medical equipment and other electronic devices. The company's major customers include leading consumer electronics manufacturers and other well-known global companies. JDI was formed through the consolidation of the display panel businesses of Sony, Hitachi and Toshiba and commenced operations on April 1, 2012.

Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement, but is subject to change without prior notice.

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