Annual report

Period2022-04-01 → 2023-03-31

Filed2023-06-26

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 142

Metric	Value	Period	Scope	Source row
Revenue	¥270.7bn	2022-04-01 → 2023-03-31	Cons.	Net sales
Revenue	¥295.9bn	2021-04-01 → 2022-03-31	Cons.	Net sales
Revenue	¥341.7bn	2020-04-01 → 2021-03-31^d	Cons.	Net sales (5-year summary)
Revenue	¥504.0bn	2019-04-01 → 2020-03-31^d	Cons.	Net sales (5-year summary)
Revenue	¥636.7bn	2018-04-01 → 2019-03-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥44.4bn	2022-04-01 → 2023-03-31	Cons.	Operating income
Operating income	−¥8.6bn	2021-04-01 → 2022-03-31	Cons.	Operating income
Ordinary income	−¥42.9bn	2022-04-01 → 2023-03-31	Cons.	Ordinary income
Ordinary income	−¥8.0bn	2021-04-01 → 2022-03-31	Cons.	Ordinary income
Ordinary income	−¥32.7bn	2020-04-01 → 2021-03-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥57.9bn	2019-04-01 → 2020-03-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥40.6bn	2018-04-01 → 2019-03-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥21.9bn	2022-04-01 → 2023-03-31	Cons.	Income before income taxes
Profit before tax	−¥5.8bn	2021-04-01 → 2022-03-31	Cons.	Income before income taxes
Net income (owners)	−¥25.8bn	2022-04-01 → 2023-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥8.1bn	2021-04-01 → 2022-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥42.7bn	2020-04-01 → 2021-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥101.4bn	2019-04-01 → 2020-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥106.6bn	2018-04-01 → 2019-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥25.8bn	2022-04-01 → 2023-03-31	Cons.	Profit loss
Net income	−¥7.9bn	2021-04-01 → 2022-03-31	Cons.	Profit loss
Total assets	¥222.7bn	at 2023-03-31	Cons.	Assets
Total assets	¥258.3bn	at 2022-03-31	Cons.	Assets
Total assets	¥225.0bn	at 2021-03-31^d	Cons.	Total assets (5-year summary)
Total assets	¥389.7bn	at 2020-03-31^d	Cons.	Total assets (5-year summary)
Total assets	¥538.5bn	at 2019-03-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥98.3bn	at 2023-03-31	Cons.	Liabilities
Total liabilities	¥185.5bn	at 2022-03-31	Cons.	Liabilities
Net assets / equity	¥124.4bn	at 2023-03-31	Cons.	Net assets
Net assets / equity	¥72.8bn	at 2022-03-31	Cons.	Net assets
Net assets / equity	¥41.8bn	at 2021-03-31^d	Cons.	Net assets
Net assets / equity	¥53.4bn	at 2020-03-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥862m	at 2019-03-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥26.2bn	at 2023-03-31	Cons.	Cash and deposits
Cash and deposits	¥52.2bn	at 2022-03-31	Cons.	Cash and deposits
Cash & equivalents	¥25.8bn	at 2023-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥50.9bn	at 2022-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥55.3bn	at 2021-03-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥66.4bn	at 2020-03-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥69.0bn	at 2019-03-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥65.7bn	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥21.7bn	2021-04-01 → 2022-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥23.1bn	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥87.1bn	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥6.6bn	2018-04-01 → 2019-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥9.8bn	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥95m	2021-04-01 → 2022-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥9.1bn	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥28.1bn	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥36.6bn	2018-04-01 → 2019-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥27.7bn	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥14.8bn	2021-04-01 → 2022-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥20.2bn	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥57.7bn	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥31.0bn	2018-04-01 → 2019-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-5.46	2022-04-01 → 2023-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-2.08	2021-04-01 → 2022-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-17.93	2020-04-01 → 2021-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-116.56	2019-04-01 → 2020-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-128.41	2018-04-01 → 2019-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥11.12	at 2023-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥-24.93	at 2022-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥-42.7	at 2021-03-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥-43.91	at 2020-03-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥-1.37	at 2019-03-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	55.8%	at 2023-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	28.2%	at 2022-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	17.6%	at 2021-03-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	13.1%	at 2020-03-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	-0.2%	at 2019-03-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	-26.2%	2022-04-01 → 2023-03-31	Cons.	Rate of return on equity (5-year summary)
ROE	-14.4%	2021-04-01 → 2022-03-31	Cons.	Rate of return on equity (5-year summary)
ROE	-94.2%	2020-04-01 → 2021-03-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	-406.1%	2019-04-01 → 2020-03-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	-303.8%	2018-04-01 → 2019-03-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	4,776	at 2023-03-31	Cons.	Number of employees
Employees	6,600	at 2022-03-31	Cons.	Number of employees
Employees	8,443	at 2021-03-31^d	Cons.	Number of employees
Employees	8,815	at 2020-03-31^d	Cons.	Number of employees
Employees	10,085	at 2019-03-31^d	Cons.	Number of employees
Revenue	¥251.0bn	2022-04-01 → 2023-03-31	Standalone	Net sales
Revenue	¥285.9bn	2021-04-01 → 2022-03-31	Standalone	Net sales
Revenue	¥331.2bn	2020-04-01 → 2021-03-31^d	Standalone	Net sales (5-year summary)
Revenue	¥481.3bn	2019-04-01 → 2020-03-31^d	Standalone	Net sales (5-year summary)
Revenue	¥633.9bn	2018-04-01 → 2019-03-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥53.2bn	2022-04-01 → 2023-03-31	Standalone	Operating income
Operating income	−¥16.9bn	2021-04-01 → 2022-03-31	Standalone	Operating income
Ordinary income	−¥39.7bn	2022-04-01 → 2023-03-31	Standalone	Ordinary income
Ordinary income	−¥13.1bn	2021-04-01 → 2022-03-31	Standalone	Ordinary income
Ordinary income	−¥36.8bn	2020-04-01 → 2021-03-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥56.4bn	2019-04-01 → 2020-03-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥42.6bn	2018-04-01 → 2019-03-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥12.6bn	2022-04-01 → 2023-03-31	Standalone	Income before income taxes
Profit before tax	−¥15.6bn	2021-04-01 → 2022-03-31	Standalone	Income before income taxes
Net income	−¥15.2bn	2022-04-01 → 2023-03-31	Standalone	Profit loss
Net income	−¥16.2bn	2021-04-01 → 2022-03-31	Standalone	Profit loss
Net income	−¥33.0bn	2020-04-01 → 2021-03-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥115.0bn	2019-04-01 → 2020-03-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥119.6bn	2018-04-01 → 2019-03-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥190.3bn	at 2023-03-31	Standalone	Assets
Total assets	¥227.1bn	at 2022-03-31	Standalone	Assets
Total assets	¥205.8bn	at 2021-03-31^d	Standalone	Total assets (5-year summary)
Total assets	¥360.4bn	at 2020-03-31^d	Standalone	Total assets (5-year summary)
Total assets	¥516.4bn	at 2019-03-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥100.3bn	at 2023-03-31	Standalone	Liabilities
Total liabilities	¥208.8bn	at 2022-03-31	Standalone	Liabilities
Net assets / equity	¥90.0bn	at 2023-03-31	Standalone	Net assets
Net assets / equity	¥18.3bn	at 2022-03-31	Standalone	Net assets
Net assets / equity	¥112m	at 2021-03-31^d	Standalone	Net assets
Net assets / equity	¥8.8bn	at 2020-03-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	−¥28.7bn	at 2019-03-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥9.7bn	at 2023-03-31	Standalone	Cash and deposits
Cash and deposits	¥26.0bn	at 2022-03-31	Standalone	Cash and deposits
EPS (basic)	¥-3.21	2022-04-01 → 2023-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-4.16	2021-04-01 → 2022-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-13.87	2020-04-01 → 2021-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-132.13	2019-04-01 → 2020-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-144.07	2018-04-01 → 2019-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥5.55	at 2023-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥-36.49	at 2022-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥-54.97	at 2021-03-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥-62.28	at 2020-03-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥-33.94	at 2019-03-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	47.2%	at 2023-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	8.0%	at 2022-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	0.0%	at 2021-03-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	2.4%	at 2020-03-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	-5.6%	at 2019-03-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	-28.1%	2022-04-01 → 2023-03-31	Standalone	Rate of return on equity (5-year summary)
ROE	-176.7%	2021-04-01 → 2022-03-31	Standalone	Rate of return on equity (5-year summary)
ROE	-751.6%	2020-04-01 → 2021-03-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	-880.7%	2018-04-01 → 2019-03-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	3,880,388,022	at 2023-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,296,165,800	at 2022-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	846,165,800	at 2021-03-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	846,165,800	at 2020-03-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	846,165,800	at 2019-03-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	2,834	at 2023-03-31	Standalone	Number of employees
Employees	2,900	at 2022-03-31	Standalone	Number of employees
Employees	2,967	at 2021-03-31^d	Standalone	Number of employees
Employees	3,023	at 2020-03-31^d	Standalone	Number of employees
Employees	4,403	at 2019-03-31^d	Standalone	Number of employees

Periods use the dates stated in the filing. ^d = earlier-year period dated by calendar; ^v = that date confirmed by the company's own earlier filing.

All source rows · 1,571

Item	Context	Value	Unit
Deficit disposition	CurrentYearDuration_NonConsolidatedMember	－	JPY
Profit loss	CurrentYearDuration_NonConsolidatedMember	-15190000000	JPY
Purchase of treasury stock	CurrentYearDuration_NonConsolidatedMember	－	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_NonConsolidatedMember_ValuationDifferenceOnAvailableForSaleSecuritiesMember	0	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_NonConsolidatedMember_SubscriptionRightsToSharesMember	199000000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_NonConsolidatedMember	200000000	JPY
Total changes of items during the period	CurrentYearDuration_NonConsolidatedMember_ValuationDifferenceOnAvailableForSaleSecuritiesMember	0	JPY
Total changes of items during the period	CurrentYearDuration_NonConsolidatedMember_SubscriptionRightsToSharesMember	199000000	JPY
Total changes of items during the period	CurrentYearDuration_NonConsolidatedMember	71690000000	JPY
Net assets	CurrentYearInstant_NonConsolidatedMember_ValuationDifferenceOnAvailableForSaleSecuritiesMember	0	JPY
Net assets	CurrentYearInstant_NonConsolidatedMember_SubscriptionRightsToSharesMember	240000000	JPY
Net assets	CurrentYearInstant_NonConsolidatedMember	89989000000	JPY
Packing and delivery expenses sga	Prior1YearDuration_NonConsolidatedMember	3906000000	JPY
Packing and delivery expenses sga	CurrentYearDuration_NonConsolidatedMember	3169000000	JPY
Sales commission sga	Prior1YearDuration_NonConsolidatedMember	1285000000	JPY
Sales commission sga	CurrentYearDuration_NonConsolidatedMember	2856000000	JPY
Salaries and allowances sga	Prior1YearDuration_NonConsolidatedMember	2511000000	JPY
Salaries and allowances sga	CurrentYearDuration_NonConsolidatedMember	2531000000	JPY
Provision for bonuses sga	Prior1YearDuration_NonConsolidatedMember	565000000	JPY
Provision for bonuses sga	CurrentYearDuration_NonConsolidatedMember	788000000	JPY
Retirement benefit expenses sga	Prior1YearDuration_NonConsolidatedMember	264000000	JPY
Retirement benefit expenses sga	CurrentYearDuration_NonConsolidatedMember	205000000	JPY
Subcontract expenses sga	Prior1YearDuration_NonConsolidatedMember	2435000000	JPY
Subcontract expenses sga	CurrentYearDuration_NonConsolidatedMember	2616000000	JPY
Depreciation sga	Prior1YearDuration_NonConsolidatedMember	196000000	JPY
Depreciation sga	CurrentYearDuration_NonConsolidatedMember	181000000	JPY
Research and development expenses sga	Prior1YearDuration_NonConsolidatedMember	4260000000	JPY
Research and development expenses sga	CurrentYearDuration_NonConsolidatedMember	4194000000	JPY
Document title cover page	FilingDateInstant	Original text (Japanese) 有価証券報告書
Clause of stipulation cover page	FilingDateInstant	Original text (Japanese) 金融商品取引法第24条第１項
Place of filing cover page	FilingDateInstant	Original text (Japanese) 関東財務局長
Filing date cover page	FilingDateInstant	2023-06-26
Fiscal year cover page	FilingDateInstant	Original text (Japanese) 第21期(自　2022年４月１日　至　2023年３月31日)
Company name cover page	FilingDateInstant	Original text (Japanese) 株式会社ジャパンディスプレイ
Company name in english cover page	FilingDateInstant	Japan Display Inc.
Title and name of representative cover page	FilingDateInstant	Original text (Japanese) 代表執行役会長 CEO　スコット　キャロン
Address of registered headquarter cover page	FilingDateInstant	Original text (Japanese) 東京都港区西新橋三丁目７番１号
Telephone number address of registered headquarter cover page	FilingDateInstant	Original text (Japanese) 03－6732－8100(大代表)
Name of contact person address of registered headquarter cover page	FilingDateInstant	Original text (Japanese) 執行役員 CFO　坂口　陽彦
Nearest place of contact cover page	FilingDateInstant	Original text (Japanese) 東京都港区西新橋三丁目７番１号
Telephone number nearest place of contact cover page	FilingDateInstant	Original text (Japanese) 03－6732－8100(大代表)
Name of contact person nearest place of contact cover page	FilingDateInstant	Original text (Japanese) 執行役員 CFO　坂口　陽彦
Place for public inspection cover page (text)	FilingDateInstant	Text · Plus
Edinet code	FilingDateInstant	E30481
Fund code	FilingDateInstant	－
Security code	FilingDateInstant	67400
Filer name in japanese	FilingDateInstant	Original text (Japanese) 株式会社ジャパンディスプレイ
Filer name in english	FilingDateInstant	Japan Display Inc.
Fund name in japanese	FilingDateInstant	－
Fund name in english	FilingDateInstant	－

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 24 of 24 passed

balance sheet identity	consolidated 2022-03-31	pass
balance sheet identity	consolidated 2023-03-31	pass
balance sheet identity	non_consolidated 2022-03-31	pass rounding
balance sheet identity	non_consolidated 2023-03-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-03-31	pass
statement vs summary · net assets	consolidated 2022-03-31	pass
statement vs summary · net assets	consolidated 2023-03-31	pass
statement vs summary · net assets	non_consolidated 2021-03-31	pass
statement vs summary · net assets	non_consolidated 2022-03-31	pass
statement vs summary · net assets	non_consolidated 2023-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2021-04-01/2022-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · operating cash flow	consolidated 2021-04-01/2022-03-31	pass
statement vs summary · operating cash flow	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · revenue	consolidated 2021-04-01/2022-03-31	pass
statement vs summary · revenue	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · revenue	non_consolidated 2021-04-01/2022-03-31	pass
statement vs summary · revenue	non_consolidated 2022-04-01/2023-03-31	pass
statement vs summary · total assets	consolidated 2022-03-31	pass
statement vs summary · total assets	consolidated 2023-03-31	pass
statement vs summary · total assets	non_consolidated 2022-03-31	pass
statement vs summary · total assets	non_consolidated 2023-03-31	pass