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Japanese LCD/OLED display panel maker formed from Sony, Toshiba and Hitachi's display businesses, serving smartphones and autos.
Japanese LCD/OLED display panel maker formed from Sony, Toshiba and Hitachi's display businesses, serving smartphones and autos.
Historically depended on Apple for a large part of its LCD panel sales, so its fortunes followed a few big customers' orders. Formed in 2012 by merging the display businesses of Sony, Toshiba and Hitachi with state-backed fund support, it has been restructured more than once since.
In one line: A distressed, smaller legacy LCD maker akin to Sharp's display arm.
Moat: none (process know-how). Legacy LCD know-how but weak scale/balance sheet versus Korean and Chinese rivals.
Headquarters: Tokyo, Japan · Founded: 2012 · Employees: 2,333
Size Japan Display (6740.T) is a Japan Information Technology company (Electronic Production Equipment) with a market value of $773M, the 853rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥26 on 6 Nov 2026.
Performance Over six months the shares fell 74.0%, against -32.0% for the median peer and +1.8% for the Japan market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue fell 24.8% over the last twelve months (peer median +12.5%); the operating margin is -8.7% (peer median 6.1%).
Valuation It trades at 1.7× enterprise value to sales against a peer median of 2.3× (8th cheapest of 21).
Capital Return on invested capital runs 18.7 points below its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥124B | ¥132B | ¥188B | ¥239B | ¥271B |
| Revenue growth | — | -30% | -21% | -12% | — |
| Gross profit | ¥8.87B | ¥6.48B | -¥2.62B | ¥612M | -¥10.00B |
| EBITDA | -¥7.17B | -¥14.8B | -¥32.6B | -¥28.2B | -¥36.2B |
| Net income | -¥3.01B | -¥19.8B | -¥78.2B | -¥44.3B | -¥25.8B |
| Free cash flow | -¥22.1B | -¥24.5B | -¥36.0B | -¥29.7B | -¥74.3B |
| Capital expenditure | ¥1.38B | ¥1.19B | ¥10.5B | ¥12.1B | ¥8.63B |
| Total debt | ¥51.0B | ¥65.0B | ¥59.5B | ¥33.5B | ¥0 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Japan Display 6740.T | $773M | -74% | -25% | -9% | 1.7× | n/a |
| LG Display Co., Ltd Sponsored ADR LPL | $2.72B | -42% | -10% | 2% | 0.2× | -8.6% |
| BOE Technology 000725.SZ | $25.3B | +9% | -4% | 2% | 1.5× | -3.9% |
| Sharp 6753.T | $2.18B | -5% | -12% | 2% | 0.3× | 1.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 6740.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -38.1% | -15.8% | 2nd lowest of 21 |
| 6-month return | -74.0% | -32.0% | lowest of 20 |
| Distance from 52-week high | -84.2% | -49.4% | lowest of 21 |
| Revenue growth (TTM) | -24.8% | +12.5% | 4th lowest of 21 |
| Operating margin | -8.7% | 6.1% | 6th lowest of 21 |
| EV / Sales | 1.7× | 2.3× | 8th cheapest of 21 |
| ROIC minus cost of capital | -18.7 pp | +0.4 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Japan Display 6740.T | Japan | $773M | -74% | -25% | -9% | 1.7× | n/a | n/a |
| Suzhou Shihua New Material Technology 688093.SS | China | $772M | -43% | -26% | 32% | 5.6× | 7.0% | +27.0% |
| Kctech 281820.KS | South Korea | $770M | -14% | +19% | 20% | 2.1× | 2.8% | +3.7% |
| Foxsemicon Integrated Technology 3413.TW | Taiwan | $778M | -29% | +16% | 13% | 1.1× | n/a | n/a |
| Suzhou Jinfu Technology 300128.SZ | China | $781M | -38% | +33% | -12% | 2.4× | n/a | n/a |
| Team 4967.TW | Taiwan | $783M | -7% | +91% | 35% | 0.8× | n/a | n/a |
| Ceres Power CWR.L | United Kingdom | $758M | -63% | -23% | -125% | 11.5× | n/a | n/a |
| Radiant Opto-Electronics 6176.TW | Taiwan | $795M | -15% | -11% | 9% | 0.2× | n/a | n/a |
| DKE 1770.HK | Hong Kong | $796M | n/a | +35% | 5% | 3.0× | 17.5% | +9.6% |
| Beken 603068.SS | China | $810M | 0% | +35% | 1% | 3.9× | n/a | n/a |
| LianChuang Electronic Technology 002036.SZ | China | $818M | -42% | -32% | -25% | 2.4× | n/a | n/a |
| Suzhou Wanxiang Technology 301180.SZ | China | $724M | -32% | +8% | 2% | 3.5× | 25.2% | +4.4% |
| Thinking Electronic Industrial 2428.TW | Taiwan | $721M | 0% | +11% | 23% | 2.1× | 0.8% | +6.3% |
| Shenzhen S-king Intelligent Equipment 688328.SS | China | $718M | -7% | +31% | 11% | 5.8× | 29.2% | +0.7% |
| AcBel Polytech 6282.TW | Taiwan | $838M | -35% | +14% | 3% | 1.0× | 15.7% | +8.6% |
| Guoguang Electric Co., Ltd.Chengdu 688776.SS | China | $709M | -46% | -38% | -89% | 21.2× | n/a | n/a |
| JVCKENWOOD 6632.T | Japan | $694M | -34% | +2% | 7% | 0.3× | -17.0% | +5.5% |
| Evertz Technologies ET.TO | Canada | $689M | -21% | +4% | 13% | 1.9× | 5.0% | +8.5% |
| Shenzhen Yanmade Technology 688312.SS | China | $682M | -56% | +1% | 17% | 6.5× | 26.6% | +12.0% |
| Scanfil SCANFL.HE | Finland | $877M | -7% | +19% | 6% | 1.0× | 6.9% | +6.0% |
| Chicony Power Technology 6412.TW | Taiwan | $680M | -38% | +62% | -128% | 0.4× | -5.2% | -0.2% |