Japan Display: Hakusan Factory, which has been shut down
Japan Display, a liquid crystal panel maker that is undergoing business restructuring, is in the process of negotiating to sell the Hakusan plant in Ishikawa Prefecture, which has stopped operating, to Sharp and Apple in the United States.
Japan Display has been in a difficult financial situation due to the sluggish LCD business for smartphones. Stopped.
According to stakeholders, the company is negotiating to sell the plant sharply.
Apple is also considering purchasing some of the plant's equipment with funding.
We are aiming for an agreement this year, and if the negotiations are completed, the sale price is expected to be several tens of billions of yen. The Hakusan Plant was constructed three years ago as a liquid crystal panel plant equipped with state-of-the-art facilities, with the funds of approximately 170 billion yen to be repaid from Apple in advance.
However, declining occupancy due to fewer orders from Apple, repayment of previously received funds was a burden.
Japan Display has a basic agreement to raise up to 90 billion yen from an asset management company in Singapore for a drastic business restructuring, but the sale of the Hakusan plant may further improve finances. Will have an effect.