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September 26, 2017

Japan Display Inc. Announces Organizational Change

TOKYO, Japan, September 26, 2017 -- Japan Display Inc. Today announced that the company will implement an organizational change as of October 1, 2017 as part of its ongoing structural reform plan. The new organization will have a newly introduced "in-house company system" under which each in-house company is created based on the customer category. Also, the company will accordingly streamline its headquarters.

■ Aims of the organizational change

  1. To clarify responsibility for earnings and promote expeditious management based on prompt decision-making by delegating broad authority to presidents of each in-house company.
  2. For the purpose of enhancing corporate value, the strategic function of the headquarters will be strengthened to achieve company-wide optimization, and the governance function over the in-house companies will be established.

1. Organization (As of Oct 1, 2017)

2.Executive Officers (As of Oct 1, 2017)

CEO Nobuhiro Higashiiriki Chairman
COO Shuji Aruga President
Senior Executive Officer Norikazu Houshi Senior Executive of Sales in China and New Business Development
Isao Fukui Chief Strategy Officer (Head of Corporate Strategy Division)
Kazutaka Nagaoka President, Mobile Company
Executive Officer Yoshiyuki Tsukizaki President, Automotive and Industrial Company
Sadahiro Numazawa Head of Mobile Business Unit 1, Mobile Company
Jeff Hsu President, JDIT
Tomiaki Yamamoto Head of Engineering/Manufacturing Division
Hiroshi Ikeuchi Corporate Strategy Division (Business Planning, Business Alliance and Administration of Overseas Subsidiary)
Nobuhiko Kobayashi Head of Information System Division
Akio Takimoto Chief Technology Officer (Head of Research and Development Division)
Yoshio Iwai Head of Mobile Business Unit 2, Mobile Company
Takanobu Oshima Chief Financial Officer
Katsuhisa Yuda President, Display Solutions Company
Yoshiaki Ito Chief Marketing Officer (Head of Marketing & Innovation Division)

About Japan Display Inc.
Japan Display Inc. (JDI) is the leading global manufacturer of advanced small- and medium-sized LTPS LCD panels. By leveraging its advanced technologies and the world's largest LTPS production capacity, JDI provides high resolution, low power consumption and thin displays for smartphones, tablets, automotive electronics, digital cameras, medical equipment and other electronic devices. JDI, which commenced operations in April 2012, was formed through the consolidation of the display panel businesses of Sony, Hitachi and Toshiba. The company's common stock is traded on the Tokyo Stock Exchange with the securities code number 6740. For more information
please visit: https://www.j-display.com/english/.

The information contained in this press release is accurate as of the date of issuance and is subject to change without notice. Information in this press release, other than statements of historical fact, constitutes forward-looking statements, which are based on available information, operating plans and projections about future events and trends. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward-looking statements.

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