Japan Display Inc. · TSE:6740

Japan Display — Q3 FY2021/3 Earnings Presentation

36 slides from Japan Display's earnings presentation, Feb 10, 2021

Slide 1: FY21/3 Q3 Corporate Presentation
FY21/3 Q3 Corporate Presentation February 10, 2021
Slide 2: Earnings Review
Earnings Review Akihito Okochi CFO
Slide 3: FY21/3 Q3 Summary
FY21/3 Q3 Summary Q3 Cumulative (9 months) Q3 (3 months) ◼ Sales decreased JPY 115.2bn YOY due to decline ◼ Sales halved YoY due a large drop in in smartphone display orders smartphone display orders ◼ Despite sales decline, operating loss and net loss ◼ Sold Hakusan plant on Oct 1, 2020, shrank due
Slide 4: Sales by Product Category
Sales by Product Category Quarterly Sales Product Category Details Mobile（US/EU） Note: Q3 (3 months) sales are in parentheses Mobile（China/other） 150.0 Non-mobile ■ Mobile (US/Europe: JPY 25.3bn, China/other: 147.3 Automotive JPY 8.5bn, Total: -70％ YoY） • Weak on lower demand due to expanded 116.2 c
Slide 5: FY21/3 Q3 Operating Results (9mo & 3mo)
FY21/3 Q3 Operating Results (9mo & 3mo) (Billion yen) FY20/3 FY21/3 YoY FY20/3 Q3 FY21/3 Q3 YoY FY21/3 Q2 QoQ (9mo) (9mo) Chg (3mo) (3mo) Chg (3mo) Chg Net sales 387.8 272.5 (115.2) 150.0 72.7 (77.3) 111.8 (39.0) Cost of sales 392.5 267.6 (124.9) 139.1 73.5 (65.6) 107.2 (33.7) Gross profit (loss) (4
Slide 6: FY21/3 Q3 Operating Income Change Factors
FY21/3 Q3 Operating Income Change Factors vs. FY20/3 Q3 (YOY vs. FY21/3 Q2 (QOQ） (Billion yen) FY20/3 Q3 FY21/3 Q3 FY21/3 Q2 FY21/3 Q3 (Previous year) (Previous quarter) Sales: 150.0 Sales: 72.7 Sales: 111.8 Sales: 72.7 2.5 (8.7) (2.9) (8.7) Operating income Operating (15.8) loss (7.2) +0.4 +0.4 +0.
Slide 7: Balance Sheet & Cash Flow Statement
Balance Sheet & Cash Flow Statement Balance Sheet Cash Flow (Billion yen) (Billion yen) FY20/3 Q3 FY21/3 Q3 FY20/3 Q4 FY21/3 Q2 FY21/3 Q3 (9mo) (9mo) Cash and deposits 66.7 49.8 54.2 Income before income taxes (109.3) (22.0) Accounts receivable - trade 70.9 42.3 27.9 Dep. & Amort. 16.1 11.8 Accounts
Slide 8: FY21/3 Outlook
FY21/3 Outlook Sales & Operating Income Forecast Outlook （Billion yen） ■ Sales FY20/3 FY21/3 • Revised sales forecast announced on Nov 13, 2020 Full-year Full-year (Fcst) from JPY 330-350bn to JPY 342.5bn • Q4 sales to decline YoY due to drop in orders for Net sales 504.0 342.5 smartphone displays a
Slide 9: Strategic Direction
Strategic Direction Scott Callon Chairman & CEO
Slide 15: Despite These Strengths, We Have Been Chronically Unprofitable For Years
Despite These Strengths, We Have Been Chronically Unprofitable For Years Copyright 2021 Japan Display Inc. All Rights Reserved. Slide 15
Slide 33: Launch Multiple Service, Solution, Platform Businesses This Year
Leveraging Our Key Device Technologies, Launch Multiple Service, Solution, Platform Businesses This Year Start Small & Scale Quickly Copyright 2021 Japan Display Inc. All Rights Reserved. Slide 33
Slide 36: THANK YOU
THANK YOU Forward Looking Statement: 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, pred

Japan Display — Q3 FY2021/3 Earnings Presentation on 6ix

Japan Display — Q3 FY2021/3 Earnings Presentation

Slide 1: FY21/3 Q3 Corporate Presentation

Slide 2: Earnings Review

Slide 3: FY21/3 Q3 Summary

Slide 4: Sales by Product Category

Slide 5: FY21/3 Q3 Operating Results (9mo & 3mo)

Slide 6: FY21/3 Q3 Operating Income Change Factors

Slide 7: Balance Sheet & Cash Flow Statement

Slide 8: FY21/3 Outlook

Slide 9: Strategic Direction

Slide 10: GAME CHANGE: Rebuilding JDI As A PersonalTech Company

Slide 11: JDI Current Status

Slide 12: World-Class Technology

Slide 13: World-Class People

Slide 14: World-Class Customer Trust

Slide 15: Despite These Strengths, We Have Been Chronically Unprofitable For Years

Slide 16: What Do We Need To Do?

Slide 17: 1. Rethink, Reposition, & Rebuild Based On First Principles

Slide 18: We Exist To Serve Customers & The World

Slide 19: 2. Go All-In On Being Different

Slide 20: 3. Radically Restructure

Slide 21: Cut Costs

Slide 22: Match The Organization To The Opportunity

Slide 23: 3X Our Speed

Slide 24: Get Our Pricing & Product Mix Right

Slide 25: Target EBITDA Positive In FY22/3 Q4

Slide 26: 4. Build New Businesses

Slide 27: Deploy Our Deep Technology Strengths In Radically New Ways

Slide 28: Go Beyond Displays

Slide 29: Go Beyond Our Existing Business Models

Slide 30: Deliver Technological Innovation Centered On People's Needs

Slide 31: A PersonalTech Company

Slide 32: Radically New, Rooted In Technology, Working For A Better World

Slide 33: Launch Multiple Service, Solution, Platform Businesses This Year

Slide 34: Explore Big Data Opportunities

Slide 35: PersonalTech For A Better World

Slide 36: THANK YOU