OTCPK:JPDY.Y

Stock Analysis Report

Executive Summary

Japan Display Inc. designs, develops, produces, and sells small-and medium-sized display devices and related products in Japan and internationally.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Japan Display's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JPDY.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

JPDY.Y

-4.2%

US Electronic

-4.2%

US Market


1 Year Return

-1.4%

JPDY.Y

2.0%

US Electronic

14.0%

US Market

Return vs Industry: JPDY.Y underperformed the US Electronic industry which returned 5.6% over the past year.

Return vs Market: JPDY.Y underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

JPDY.YIndustryMarket
7 Dayn/a-4.2%-4.2%
30 Day-8.2%-8.2%-1.8%
90 Dayn/a-4.5%2.6%
1 Year-1.4%-1.4%3.0%2.0%16.3%14.0%
3 Yearn/a31.5%27.9%43.2%34.0%
5 Yearn/a60.5%52.6%65.9%47.6%

Price Volatility Vs. Market

How volatile is Japan Display's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Japan Display undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Japan Display is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Japan Display has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of JPDY.Y’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Japan Display regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Japan Display forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

79.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JPDY.Y is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: JPDY.Y is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: JPDY.Y is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: JPDY.Y's revenue is expected to decline over the next 3 years (-10.8% per year).

High Growth Revenue: JPDY.Y's revenue is forecast to decline over the next 3 years (-10.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JPDY.Y is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Japan Display performed over the past 5 years?

-53.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JPDY.Y is currently unprofitable.

Growing Profit Margin: JPDY.Y is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JPDY.Y is unprofitable, and losses have increased over the past 5 years at a rate of -53% per year.

Accelerating Growth: Unable to compare JPDY.Y's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JPDY.Y is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (13.8%).


Return on Equity

High ROE: JPDY.Y's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Japan Display's financial position?


Financial Position Analysis

Short Term Liabilities: JPDY.Y has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: JPDY.Y has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: JPDY.Y has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: JPDY.Y's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: JPDY.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: JPDY.Y has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: JPDY.Y has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: JPDY.Y has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.4% each year


Next Steps

Dividend

What is Japan Display's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.6%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate JPDY.Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate JPDY.Y's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JPDY.Y's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JPDY.Y's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JPDY.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure


CEO

Minoru Kikuoka (57yo)

0.4yrs

Tenure

0

Minoru Kikuoka has been President, Representative Director and Chief Executive Officer at Japan Display Inc. since September 27, 2019. Minoru Kikuoka served as Managing Executive Officer and Chief Financia ...


Leadership Team

NamePositionTenureCompensationOwnership
Minoru Kikuoka
President0.4yrsno datano data
Akihito Okochi
Executive Officer of Corporate Planning0.3yrsno datano data
Toshihiro Ueki
COO & Front End Production Division0.3yrsno datano data
Yoshiharu Nakajima
CTO and Executive Officer of R&D Division0.3yrsno datano data
Kazutaka Nagaoka
Executive Officer of Display Solutions Business Unit & Special Projects0.3yrsno datano data
Norikazu Houshi
Executive Vice President2.3yrsno datano data
Nobuhiko Kobayashi
Executive Officer & Deputy Division Manager of Strategic Planning Division0yrsno datano data
Shuji Aruga
Technology Advisor1.7yrsno datano data

0.3yrs

Average Tenure

Experienced Management: JPDY.Y's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Minoru Kikuoka
President0.4yrsno datano data
Ryosuke Kuwada
Outside Director0.7yrsno datano data
Takahisa Hashimoto
Chairman0.4yrsno datano data
Kazuo Kawasaki
Standing Company Auditor7.1yrsno data0.00043% ¥2.4k
Takao Yasuda
Standing Company Auditor3.6yrsno data0.00045% ¥2.5k
Youichi Etou
Outside Company Auditor6.8yrsno datano data
Toshiaki Kawashima
Outside Company Auditor6.8yrsno datano data
Nobuyuki Nakano
Outside Director1.7yrsno datano data

2.6yrs

Average Tenure

66yo

Average Age

Experienced Board: JPDY.Y's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.6%.


Top Shareholders

Company Information

Japan Display Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Japan Display Inc.
  • Ticker: JPDY.Y
  • Exchange: OTCPK
  • Founded: 2002
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥61.770b
  • Listing Market Cap: JP¥558.616m
  • Shares outstanding: 846.17m
  • Website: https://www.j-display.com

Number of Employees


Location

  • Japan Display Inc.
  • Landic 2nd Building
  • 7-1, Nishi-shinbashi 3-chome
  • Tokyo
  • 105-0003
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6740TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYMar 2014
JNND.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2014
0YJ2LSE (London Stock Exchange)YesCommon SharesGBEURMar 2014
JPDY.YOTCPK (Pink Sheets LLC)UNSPONSRED ADSUSUSDOct 2014

Biography

Japan Display Inc. designs, develops, produces, and sells small-and medium-sized display devices and related products in Japan and internationally. The company offers various LCD modules for mobile applications, such as smartphone and tablet devices; wearable applications, including sports watches, healthcare equipment, and action cameras; automotive applications, such as car navigation, instrument panel, and rear seat monitor; displaying images and diagnosis comprising PACS, ultrasonograph, mammography, etc.; IoT products and applications, including outdoor sports gears, medical and healthcare devices, remote controllers, and portable devices; and industrial applications. It also provides landscape IPS LCD modules for single-lens reflex and high-end compact digital cameras. The company was incorporated in 2002 and is headquartered in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:28
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.