Japan Display corporation (Japan Display Inc., JDI) announced that the latest of previously published on May 12, 2016 fiscal year season 1 (from April to June in 2016) to adjust the net sales and operating profit forecast; Also released previously did not put forward part of the business data, for the relevant data is now roughly the statistics. In addition, the operating expenses (foreign exchange losses) will also be included in the latest quarter. JDI is expected to be released on August 9th season 1 of the fiscal year earnings data, and forecast report of season 2.

JDI season 1 sales forecast in the 2016 fiscal year will reduce about 10% than previously expected, in part because the quarter shipment JDI scale than previously expected. According to the report, the mainland market decline in the average selling price and the change of the product portfolio sales in Europe and the region, in all affected the sale of JDI.

According to the latest forecast report, JDI forecast in season 1 of the 2016 fiscal year net sales by the original estimate of 195 billion yen to 195 billion yen. The operating profit by the original estimate of 1 billion yen to 3.5 billion yen. In addition, the JDI also forecasts the quarter normal loss (ordinary loss) of 14.3 billion yen.

Considerations to the sales affect the gross margin and the impact of the yen, JDI synchronization also cut its operating profit forecast. Influenced by the fluctuation of foreign exchange, which leads to the JDI season 1 of operating expenses in the 2016 fiscal year up to 6.742 billion yen.