Japan Display cuts over 1,500 jobs globally to boost profit

Japan Display Inc. (JDI) announced the results of its voluntary retirement program and workforce reduction. In Japan, 1,483 employees applied for voluntary retirement, against a target of approximately 1,500. Their retirement period spans from July 31, 2025, to March 31, 2027. Additionally, 83 employees in global subsidiaries will retire between June 1, 2025, and December 31, 2025. This initiative is expected to reduce JDI's domestic workforce to around 1,000 employees.

The restructuring will incur approximately JPY 9.5 bn in costs, with JPY 3.3 bn recognized as special losses in Q1 FY26/3, and the remainder throughout FY26/3. Japan Display anticipates an annual reduction of approximately JPY 13.5 bn in personnel expenses.

Through these measures, including the cessation of production at its Mobara Fab and consolidation at the Ishikawa MULTI-FAB, JDI aims to achieve positive operating profit starting in FY27/3, leveraging its BEYOND DISPLAY growth strategy.