Japan Display Inc. · TSE:6740

Japan Display — H1 FY2025/3 Earnings Presentation

67 slides from Japan Display's earnings presentation, Nov 13, 2024

Slide 1: FY25/3 H1 Corporate Presentation
FY25/3 H1 Corporate Presentation November 13, 2024
Slide 3: FY25/3 H1 Overview
» 4 [| Japan Display Inc. : — JDI FY25/3 Hi Overview
Slide 4: FY25/3 H1 Overview ①
FY25/3 H1 Overview ①  On Track for JDI’s Game-Changing NextGen OLED eLEAP Mass Production Launch in December 2024  Expanding Activity to Deliver Greater eLEAP Production Capacity & Build Out Global eLEAP Ecosystem on Back of Strong Customer Demand. Decided Not to Extend MOU with Wuhu on Launch of
Slide 5: FY25/3 H1 Overview ②
FY25/3 H1 Overview ②  H1 Sales Down YoY on Reduced Shipments of LCD Smartphone and VR  Shrank Losses on Improved Product Mix, Fixed Cost Reductions & Tighter Inventory Management Improved EBITDA +26%、OP +28％、Net Income +41% YoY  Actively Deploying JDI’s World-Class IP Portfolio. New Cross- Licens
Slide 6: FY25/3 H1 Overview ③
FY25/3 H1 Overview ③  Despite H1 Results In-Line with Forecast, Significantly Revising Down H2 Sales and Profit Forecasts. Expect to Miss Target of Turning EBITDA Positive in H2  Radical Corporate Transformation Required to End Chronic Losses Rooted in JDI’s Display Business. Global Display Indust
Slide 7: FY25/3 H1 Overview ④
FY25/3 H1 Overview ④  JDI Will Deploy its Core Capabilities to 3 New Business Domains, All Large Markets with Significant Growth & Profit Potential, and with JDI Having Advantaged Capabilities to Deliver Customer Value and Participate in the Growth and Profitability: 1. Sensors 2. AI Data Centers 3
Slide 8: FY25/3 H1 Overview｜Automotive (Core)
FY25/3 H1 Overview｜Automotive (Core) Long-Term Growth Driver with Robust Automotive (JPY billion) Stability due to Long-Term Supply +2% Contracts 66.5 64.6 63.1 Ongoing Major Customer Engagements for eLEAP, 2VD, & Other NextGen JDI Tech Despite discontinuing low-margin products & lower end-customer
Slide 9: FY25/3 H1 Overview｜Smartwatch/VR (Core)
FY25/3 H1 Overview｜Smartwatch/VR (Core) Smartwatch/VR (JPY billion) Diverse Product Portfolio Offers Both Ongoing Growth & Stability -24% 40.1 33.8 Strategically Important OLED Business Flat 30.5 YoY While VR Down Significantly On Track To Launch of eLEAP Mass Production in December 2024 FY23/3 H1 F
Slide 10: FY25/3 H1 Overview｜LCD Smartphone (Non-Core)
FY25/3 H1 Overview｜LCD Smartphone (Non-Core) LCD Smartphone US/Euro 28.9 (JPY billion) Exiting Commoditized LCD Smartphone -55% 13.7 Business to Focus Engineering Resources 6.1 on JDI Proprietary NextGen Tech FY23/3 H1 FY24/3 H1 FY25/3 H1 -53% YoY LCD Smartphone China Will Re-enter Smartphones with
Slide 11: FY25/3 H1 Earnings Review
» 4 [| Japan Display Inc. : ~ JD—DI FY25/3 H1 Earnings Review
Slide 12: FY25/3 H1 (6M) Earnings Summary
FY25/3 H1 (6M) Earnings Summary Shrank Losses Despite Lower Sales On Back of Improved Product Mix, Fixed Cost Reductions, & Tighter Inventory Management EBITDA +26%, OP +28％, & NI +41％ YoY Improvement FY24/3 FY25/3 (Units: JPY billion) H1 H1 YoY Sales 119.9 102.9 -14% Core businesses (Automotive & S
Slide 13: FY25/3 Q2 (3M) Earnings Summary
FY25/3 Q2 (3M) Earnings Summary EBITDA (-25%) and Operating Profit (-12%) on Sales Decline Net Income Improved by 37% on Fall-Off of Impairment Losses FY24/3 FY25/3 (Units: JPY billion) Q2 Q2 YoY Sales 66.9 47.0 -30% Core Automotive & Smartwatch/VR business down due to weaker consumer Core Businesse
Slide 14: FY25/3 H1 (6M) Sales by Segments
FY25/3 H1 (6M) Sales by Segments Core (Automotive, Smartwatch/VR) Sales Down on Lower VR Shipments Non-Core LCD Smartphone Down on Strategic Downsizing 103.2 95.1 (JPY billion) Automotive (YoY +2.4%) Core Businesses Growth on back of increased customer demand 63.1 64.6 Automotive and FX tailwind Sma
Slide 15: FY25/3 Q2 (3M) Sales by Segments
FY25/3 Q2 (3M) Sales by Segments Core Business (Automotive, Smartwatch/VR) Sales Down on Weaker End-Customer Demand LCD Smartphone Down on Strategic Downsizing 58.2 Automotive (YoY -8.9%) (JPY billion) 45.1 Down on discontinuation of low-margin products Core Businesses 34.0 Automotive and reduced en
Slide 16: FY25/3 H1 (6M) Operating Profit Change Breakdown (YoY)
FY25/3 H1 (6M) Operating Profit Change Breakdown (YoY) Year on Year （JPY billion) FY24/3 H1 (6M) FY25/3 H1 (6M) (Actual) (Actual) Sales: 119.9 Sales: 102.9 -15.5 -21.4 Reduced Valuation USD/JPY Losses 141→153 Operating Operating Loss Loss Copyright 2024 Japan Display Inc. All Rights Reserved. Slide
Slide 17: FY25/3 Q2 (3M) Operating Profit Change Breakdown (YoY)
FY25/3 Q2 (3M) Operating Profit Change Breakdown (YoY) Year on Year （JPY billion) FY24/3 Q2 (3M) FY25/3 Q2 (3M) (Actual) (Actual) Sales: 66.9 Sales: 47.0 -7.6 -8.4 USD/JPY 145→150 Operating Operating Loss Loss Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 17
Slide 18: FY25/3 Q2 (3M) Operating Profit Change Breakdown (QoQ)
FY25/3 Q2 (3M) Operating Profit Change Breakdown (QoQ) Quarter on Quarter （JPY billion) FY25/3 Q1 (3M) FY25/3 Q2 (3M) (Actual) (Actual) Sales: 55.9 Sales: 47.0 -7.0 -8.4 USD/JPY 156→150 Operating Operating Loss Loss Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 18
Slide 19: FY25/3 Forecast
» 4 [| Japan Display Inc. : — JDI FY25/3 Forecast
Slide 20: FY25/3 Forecast (Downward Revision)
FY25/3 Forecast (Downward Revision) Forecast Revised-Down on Lower End-Customer Demand for Smartwatch & Auto & Lower Expected Licensing Revenue from eLEAP/HMO (JPY billion) FY25/3 FY25/3 FY25/3 H1 H2 H2 Full-Year Full-Year Actual Prev FCST New FCST Prev FCST New FCST Sales 102.9 117.3 77.1 221.8 180
Slide 21: FY25/3 Operating Profit Forecast Breakdown
FY25/3 Operating Profit Forecast Breakdown H1 Actual vs. Forecast New H2 Forecast vs. Previous Forecast （JPY billion）（JPY billion） FY25/3 H1 FY25/3 H1 FY25/3 H2 FY25/3 H2 (Forecast) (Actual) (Prev. Forecast) (New Forecast) Sales : 104.5 Sales: 102.9 Sales : 117.3 Sales : 77.1 USD/JPY 145→150 Lower
Slide 22: BEYOND DISPLAY Creating A New JDI
BEYOND DISPLAY Creating A New JDI
Slide 24: BEYOND DISPLAY: Core Capabilities
BEYOND DISPLAY: Deploy JDI Core Capabilities to High Growth Areas Core Capabilities Deep Robust World-Class Robust IP Customer Geopolitical Technology Portfolio Trust Position Robust IP portfolio comprising over World-class quality JDI offers Japan- JDI brings together 16,000 patents coupled with ba
Slide 25: BEYOND DISPLAY: Drive New Sources of Growth & Profitability
BEYOND DISPLAY: Drive New Sources of Growth & Profitability Deploying JDI Resources to New High-Growth Areas Current JDI New JDI 1 Displays 2 Sensors Displays 3 AI Data Centers 4 Advanced Semiconductor Packaging Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 25
Slide 26: BEYOND DISPLAY: Drive New Sources of Growth & Profitability
BEYOND DISPLAY: Drive New Sources of Growth & Profitability Current JDI New JDI 1 Displays 2 Sensors Displays 3 AI Data Centers 4 Advanced Semiconductor Packaging Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 26
Slide 27: Displays: Structural Transformation to Profitability & Growth
Displays: Structural Transformation to Profitability & Growth Displays are a foundational technology for modern society with a significant global market size of USD 120 billion annually JDI has unmatched technological capabilities in displays to deliver customer & social value & improve people’s liv
Slide 28: JDI Global No.1 Technology Leadership: eLEAP
JDI Global No. 1 Technology Leadership: eLEAP eLEAP Is The Winning OLED Technology Despite Its Superb Performance, OLED Has ! Short Lifetime Inherent Issues These issues make OLED dysfunctional ! High Production Cost for a wide variety of display applications eLEAP Powerfully Moves OLED Forward eLEA
Slide 29: eLEAP's Unprecedented Customer Value
JDI Global No. 1 Technology Leadership: eLEAP eLEAP’s Unprecedented Customer Value High Long Brightness (2X) Lifetime (3X) Lifetime New After 1yr After 3yrs After 5yrs Comparison 0h 1000h 3000h 5000h Conventional OLED eLEAP 28% 60% Conventional eLEAP OLED Brightness, vividness & free shapes unimagin
Slide 30: eLEAP's Unprecedented Environmental Value
JDI Global No. 1 Technology Leadership: eLEAP eLEAP’s Unprecedented Environmental Value Maskless OLED deposition is a breakthrough, environment positive production process that eliminates mask cleaning chemicals 150k tons p.a. of CO2 emission reduction via deployment at JDI Mobara 150k tons of yearl
Slide 31: Building Out Global Alliances
Building Out Global Alliances JDI in its discussions with strong partners globally to build out the global eLEAP ecosystem, while fostering supply chain diversification and derisking Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 31
Slide 32: Vision Display (2VD) Automotive Grade Dual Touch
JDI Global No. 1 Technology Leadership: 2 Vision Display (2VD) World’s First Automotive Grade Dual Touch 2VD that Simultaneously Displays Different Content to Driver and Passenger JDI has developed the world's first 2 Vision Display (2VD) technology that meets automotive grade image quality requirem
Slide 33: BEYOND DISPLAY: Drive New Sources of Growth & Profitability
BEYOND DISPLAY: Drive New Sources of Growth & Profitability Current JDI New JDI 1 Displays 2 Sensors Displays 3 AI Data Centers 4 Advanced Semiconductor Packaging Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 33
Slide 34: Sensors: Massive Global Market with Strong Growth & Margins
Sensors: Massive Global Market with Strong Growth & Margins  The sensor market is massive, with global market size of USD 295 billion in 2024, projected to grow to USD 426 billion by 2030  Sensors have a significant technical overlap with displays, so JDI has world-class advanced sensor technology
Slide 35: JDI's Highly Sophisticated Sensor Technology Portfolio
JDI’s Highly Sophisticated Sensor Technology Portfolio JDI has a broad sensor technology portfolio which it can deploy towards the sensor market opportunity Virgo Smart Fingerprint ZINNSIA Ring Sensor Input/IOT Life Science Security/IOT Flexible Sensor Sensor Depth Sensor Sensor Tactile Sensor Indus
Slide 36: ZINNSIA ①
JDI Global No. 1 Technology Leadership: ZINNSIA ① JDI’s World-Leading High-Precision Sensor Interface that Transforms a Broad Range of Materials into Sensors and Touch Controls ZINNSIA makes it possible to sense movements even on materials that were previously difficult to use as sensors Wood Fabric
Slide 37: With ZINNSIA, Everything Is A Switch
JDI Global No. 1 Technology Leadership: ZINNSIA ② With ZINNSIA, Everything Is A Switch Wood Glass Marble Leather Elastomer Paper Cloth Fur Painting Sand Grass Cork Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 37
Slide 38: ZINNSIA – Key Features ③
ZINNSIA – Key Features ③ Reasons for ZINNSIA Precise Detection Capabilities: Sensor Proprietary System Firmware Design Custom ICs Driven (Algorithm) Using JDI’s advanced process knowledge and manufacturing expertise, ZINNSIA has:  Excellent Noise Resistance  Unrestricted Sensor Substrate (Bendable
Slide 39: X-Ray Sensors
JDI Global No. 1 Technology Leadership: X-Ray Sensors Sensor Panels for X-ray Inspection Equipment Using Cutting-Edge Backplane Technology JDI designs, sensors for medical and industrial X-ray inspection systems by applying our advanced semi- conductor and TFT technologies. Providing sensor panels w
Slide 40: Depth Sensors
JDI Global No. 1 Technology Leadership: Depth Sensors JDI Developed the World’s First 3D Imaging Technology that Simultaneously Captures Both Normal Video and Depth Maps This 3D imaging technology makes it possible to capture with a single camera both video data, including color information, and dep
Slide 41: Image Sensors
JDI Global No. 1 Technology Leadership: Image Sensors Applying TFT Technology to Thin, Light, Curved, & Flexible Matrix Sensors for Wearable Biosensor Applications As one form of custom-designed substrates such as TFT, JDI applies advanced semiconductor and TFT technology to implement sensor substra
Slide 42: Flexible Tactile Sensors
JDI Global No. 1 Technology Leadership: Flexible Tactile Sensors JDI Flexible LTPS TFT Tactile Sensors with Active-Matrix Technology Enables High-Precision Measurement Over a Wide Area Highly accurate tactile measurement is required for the development of a number of new technologies & products, as
Slide 43: 5G Millimeter Wave Reflectors
JDI Global No. 1 Technology Leadership: 5G Millimeter Wave Reflectors World-Leading 5G Meta-Surface Millimeter Wave Reflectors that Significantly Improve 5G Transmissions Infrastructure 5G Meta-Surface reflector technology applies JDI’s world-leading expertise in liquid crystals to optimize and sign
Slide 44: Virgo Smart Ring
JDI Global No. 1 Technology Leadership: Virgo Smart Ring Virgo is the World’s First Smart Ring Using a Flexible Substrate OPD Sensor Allowing a Thin Profile, Full Flexibility, & Wide Sensing Area Based on JDI’s advanced biometric sensor and smart ring technology, solutions such as the Virgo smart ri
Slide 45: BEYOND DISPLAY: Drive New Sources of Growth & Profitability
BEYOND DISPLAY: Drive New Sources of Growth & Profitability Current JDI New JDI 1 Displays 2 Sensors Displays 3 AI Data Centers 4 Advanced Semiconductor Packaging Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 45
Slide 46: AI Data Centers: Explosive Growth Opportunity
AI Data Centers: Explosive Growth Opportunity  Japanese compute demand is forecast to increase 100,000X from 2020 to 2040  However, significant bottlenecks block AI data center build outs  JDI has multiple sites that are suitable for AI data center build outs and is currently in discussions with
Slide 47: Explosive Demand for Data Centers in Japan
Explosive Demand for Data Centers in Japan  Massive data processing capacity is required for generative AI as well as for conventional computation tasks which are carried out at local data centers  Demand is growing exponentially, leading to an extreme demand for data centers in Japan & related in
Slide 48: Critical Bottlenecks for Japan Data Center Buildout
However, 3 Critical Bottlenecks for Japan Data Center Buildout Exploding Demand for Data Centers In Japan BUT 3 Critical Bottlenecks Shortage of appropriate Shortage of grid 5 year leadtimes locations: Japan = hookups with due to 73% mountainous, access to high- construction tsunami risk, good volta
Slide 49: JDI Mobara V3 Fab
JDI Mobara V3 Fab JDI’s currently unused Mobara V3 fab fully solves all 3 issues, offering a superb data center opportunity with close proximity to Tokyo Location Power Supply Construction Land Area: 236,302 m2 Built-Out Floor Area: Power Supply Availability: 166,843 m2 68 km to Tokyo 44 MWh Clean R
Slide 50: JDI Mobara V3 Fab – Direct Access to Trunk Power Line
JDI Mobara V3 Fab – Direct Access to Trunk Power Line JDI Mobara Copyright 2024 Japan Display Inc. All Rights Reserved. Image Source: https://openinframap.org/ Slide 50
Slide 51: JDI Tottori Fab
JDI Tottori Fab JDI’s Tottori fab (ending production in March 2025) provides access to Japan’s central western region as well as Osaka Location Power Supply Construction Land Area: 113,000 m2 Built-Out Floor Area: Power Supply Availability: 120,000 m2 146 km to Osaka 41 MWh Clean Room Area: 29,500 m
Slide 52: JDI Tottori Fab – Direct Access to Trunk Power Line
JDI Tottori Fab – Direct Access to Trunk Power Line JDI Tottori Copyright 2024 Japan Display Inc. All Rights Reserved. Image Source: https://openinframap.org/ Slide 52
Slide 53: JDI Sakura (Former Fab Site)
JDI Sakura (Former Fab Site) JDI Sakura is currently undeveloped but is just 59 km away from central Tokyo & adjacent to a massive 275 kV trunk line Location Power Supply Construction Land Area: 68,657 m2 Built-Out Floor Area: Power Supply Availability: Undeveloped 59 km to Tokyo Undeveloped Clean R
Slide 54: JDI Sakura – Direct Access to Trunk Power Line
JDI Sakura – Direct Access to Trunk Power Line JDI Sakura Copyright 2024 Japan Display Inc. All Rights Reserved. Image Source: https://openinframap.org/ Slide 54
Slide 55: BEYOND DISPLAY: Drive New Sources of Growth & Profitability
BEYOND DISPLAY: Drive New Sources of Growth & Profitability Current JDI New JDI 1 Displays 2 Sensors Displays 3 AI Data Centers 4 Advanced Semiconductor Packaging Copyright 2024 Japan Display Inc. All Rights Reserved. Slide 55
Slide 56: ASP: Technology Shift to Glass Requires JDI Capabilities ①
ASP: Technology Shift to Glass Requires JDI Capabilities ①  Advanced Semiconductor Packaging (ASP) a large & growing market, with global market size of USD 50 billion in 2024, projected to grow to USD 133 billion by 2034  ASP undergoing a major technology shift from organic to glass substrates, be
Slide 57: ASP: Technology Shift to Glass Requires JDI Capabilities ②
ASP: Technology Shift to Glass Requires JDI Capabilities ②  JDI is the world leader in ultra-high resolution processing of glass substrates for displays, such as its development of JDI’s world’s highest resolution VR displays (2500 ppi), so its capabilities are deeply relevant to ASP  JDI is curre
Slide 58: Trends in Chiplets and Semiconductor Packaging Substrates
Trends in Chiplets and Semiconductor Packaging Substrates Current trends and standards include chipletization, interposer In response to the evolution of Moore's Law, not only adoption, high-density wiring, and low dielectric constant Semiconductor Frontend processes but also Backend progress. This
Slide 59: JDI's Glass Substrates Are The Superior ASP Solution
JDI’s Glass Substrates Are The Superior ASP Solution The use of the right substrate in advanced semiconductor packaging is crucial to reach the required performance criteria Glass has a smoother surface compared to Organic Substrate Glass Substrate Organic substrates, resulting in less transmission
Slide 60: JDI ASP Technology Applications & Capabilities
JDI ASP Technology Applications & Capabilities Thin Film & High-Density Wiring High Quality & Low Cost Glass Processing Technology Large substrate processing Applying film 510 730 L/S=5/5um substrate x920 x515 technology 1500x1850 300㎜ Wafer Film debonding Wiring design and from large transmission c
Slide 61: BEYOND DISPLAY: Planned Disclosures
BEYOND DISPLAY: Planned Disclosures  The structural transformation underpinning JDI’s BEYOND DISPLAY strategy is already underway, and JDI expects to make several related announcements in the near future  JDI will provide further details with respect to the BEYOND DISPLAY strategy and KPIs and any
Slide 62: Appendix
» 4 [| Japan Display Inc. : — JDI Appendix
Slide 63: Quarterly Sales Breakdown by Segments
Quarterly Sales Breakdown by Segments 59.0 58.2 （JPY billion） 51.7 51.9 50.0 47.4 47.3 45.1 44.9 Core Businesses 41.4 39.7 34.0 Automotive 35.2 34.9 33.6 33.1 34.9 29.1 30.9 26.9 Smartwatch/VR 24.3 14.5 19.3 15.8 16.5 16.9 16.4 14.3 12.4 14.1 Non-Core Businesses 22.2 22.3 15.7 15.4 LCD Smartphone -
Slide 64: Consolidated B/S
Consolidated B/S (JPY billion) FY24/3 FY25/3 H1 vs. FY24/3 Cash and deposits 29.3 24.3 -5.1 Accounts receivable 29.3 23.4 -5.9 Accounts receivable (EMS) 17.9 12.1 -5.9 Inventories 64.0 61.1 -2.8 Other 11.5 9.0 -2.5 Total Current Assets 152.0 129.8 -22.1 Total Fixed Assets 72.0 67.3 -4.7 Total Assets
Slide 65: Consolidated P&L
Consolidated P&L (JPY billion) FY24/3 Q2 FY25/3 Q2 FY24/3 H1 FY25/3 H1 YoY YoY (3M) (3M) (6M) (6M) Sales 66.9 47.0 -19.9 119.9 102.9 -17.0 EBITDA -5.9 -7.4 -1.5 -18.1 -13.4 ＋4.7 Operating Profit -7.6 -8.4 -0.9 -21.4 -15.5 ＋6.0 Non-Operating Income 1.7 0.6 -1.0 4.4 1.1 -3.3 Non-Operating Expenses -1.
Slide 66: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement (JPY billion) FY24/3 H1 FY25/3 H1 YoY (6M) (6M) Income before income taxes -28.2 -16.3 ＋11.9 Depreciation & amortization 3.4 2.1 -1.3 Change in working capital 9.5 2.8 -6.7 Other 7.1 -5.1 -12.2 Cash Flow from Operating Activities -8.3 -16.5 -8.2 Purchase of fixed ass
Slide 67: Thank You!
Thank You! Any information related to market trends or industries mentioned in this document is based on information available at present and JDI does not guarantee that this information is accurate or complete. Any plan, estimation, calculation, quotation, evaluation, prediction, expectation or oth

Japan Display — H1 FY2025/3 Earnings Presentation on 6ix

Japan Display — H1 FY2025/3 Earnings Presentation

Slide 1: FY25/3 H1 Corporate Presentation

Slide 2: PersonalTech For A Better World

Slide 3: FY25/3 H1 Overview

Slide 4: FY25/3 H1 Overview ①

Slide 5: FY25/3 H1 Overview ②

Slide 6: FY25/3 H1 Overview ③

Slide 7: FY25/3 H1 Overview ④

Slide 8: FY25/3 H1 Overview｜Automotive (Core)

Slide 9: FY25/3 H1 Overview｜Smartwatch/VR (Core)

Slide 10: FY25/3 H1 Overview｜LCD Smartphone (Non-Core)

Slide 11: FY25/3 H1 Earnings Review

Slide 12: FY25/3 H1 (6M) Earnings Summary

Slide 13: FY25/3 Q2 (3M) Earnings Summary

Slide 14: FY25/3 H1 (6M) Sales by Segments

Slide 15: FY25/3 Q2 (3M) Sales by Segments

Slide 16: FY25/3 H1 (6M) Operating Profit Change Breakdown (YoY)

Slide 17: FY25/3 Q2 (3M) Operating Profit Change Breakdown (YoY)

Slide 18: FY25/3 Q2 (3M) Operating Profit Change Breakdown (QoQ)

Slide 19: FY25/3 Forecast

Slide 20: FY25/3 Forecast (Downward Revision)

Slide 21: FY25/3 Operating Profit Forecast Breakdown

Slide 22: BEYOND DISPLAY Creating A New JDI

Slide 23: BEYOND DISPLAY Creating A New JDI

Slide 24: BEYOND DISPLAY: Core Capabilities

Slide 25: BEYOND DISPLAY: Drive New Sources of Growth & Profitability

Slide 26: BEYOND DISPLAY: Drive New Sources of Growth & Profitability

Slide 27: Displays: Structural Transformation to Profitability & Growth

Slide 28: JDI Global No.1 Technology Leadership: eLEAP

Slide 29: eLEAP's Unprecedented Customer Value

Slide 30: eLEAP's Unprecedented Environmental Value

Slide 31: Building Out Global Alliances

Slide 32: Vision Display (2VD) Automotive Grade Dual Touch

Slide 33: BEYOND DISPLAY: Drive New Sources of Growth & Profitability

Slide 34: Sensors: Massive Global Market with Strong Growth & Margins

Slide 35: JDI's Highly Sophisticated Sensor Technology Portfolio

Slide 36: ZINNSIA ①

Slide 37: With ZINNSIA, Everything Is A Switch

Slide 38: ZINNSIA – Key Features ③

Slide 39: X-Ray Sensors

Slide 40: Depth Sensors

Slide 41: Image Sensors

Slide 42: Flexible Tactile Sensors

Slide 43: 5G Millimeter Wave Reflectors

Slide 44: Virgo Smart Ring

Slide 45: BEYOND DISPLAY: Drive New Sources of Growth & Profitability

Slide 46: AI Data Centers: Explosive Growth Opportunity

Slide 47: Explosive Demand for Data Centers in Japan

Slide 48: Critical Bottlenecks for Japan Data Center Buildout

Slide 49: JDI Mobara V3 Fab

Slide 50: JDI Mobara V3 Fab – Direct Access to Trunk Power Line

Slide 51: JDI Tottori Fab

Slide 52: JDI Tottori Fab – Direct Access to Trunk Power Line

Slide 53: JDI Sakura (Former Fab Site)

Slide 54: JDI Sakura – Direct Access to Trunk Power Line

Slide 55: BEYOND DISPLAY: Drive New Sources of Growth & Profitability

Slide 56: ASP: Technology Shift to Glass Requires JDI Capabilities ①

Slide 57: ASP: Technology Shift to Glass Requires JDI Capabilities ②

Slide 58: Trends in Chiplets and Semiconductor Packaging Substrates

Slide 59: JDI's Glass Substrates Are The Superior ASP Solution

Slide 60: JDI ASP Technology Applications & Capabilities

Slide 61: BEYOND DISPLAY: Planned Disclosures

Slide 62: Appendix

Slide 63: Quarterly Sales Breakdown by Segments

Slide 64: Consolidated B/S

Slide 65: Consolidated P&L

Slide 66: Consolidated Cash Flow Statement

Slide 67: Thank You!