Japan Display : FY24/3 Q1 Corporate Presentation

Sales

Operating

Profit

JPY 53.0B

• YoY -7%（Core +9％, Non-Core-49％）
• vs. Plan ＋7％

JPY -13.9B

• YoY JPY -7.0B
• vs. Plan JPY +2.8B

(JPY billion)

• Core businesses (Automotive and Non-Mobile) up 9%
• Non-corebusiness (Mobile) down on strategic downsizing & exit
• YoY (+) factors: Fixed cost reductions including production end at G3.5 Higashiura Fab
• YoY (－) factors: Sales decline, higher material & energy costs, & inventory accounting effects

Net

Income

JPY -12.2B

• YoY JPY -7.2B
• vs. Plan JPY +5.6B

• Operating profit outperformance & FX gain driving net income outperformance

Automotive

Non-Mobile

Mobile (US/Euro)

Mobile (China)

57.1

26.9

14.5

10.1

5.7

(JPY billion）

53.0

29.1

15.8

6.4

1.7

• Automotive（Core: YoY +8.3％） Sales growth exceeded the impact of withdrawals from unprofitable products
• Non-Mobile（Core: YoY +9.1％） Increased wearable OLED shipments
• Mobile（Non-Core: YoY -48.7％） Strategically exiting unprofitable non- core business to focus on growing core Automotive & Non-Mobile businesses