Full Year 2023 Japan Display Inc Earnings Presentation Transcript

May 12, 2023 / NTS GMT
Presentation
May 12, 2023 / NTS GMT

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Corporate Participants
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* Scott Callon
Japan Display Inc. - CEO
* Hiko Sakaguchi
Japan Display Inc. - CFO

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Scott Callon - Japan Display Inc. - CEO

Hi, everybody. Thanks so much for joining us today. We know you have other things to do. We're incredibly grateful for the time you spend with us. So let's jump into it. Speaking against the FY23/3, so the fiscal year ended in March full-year corporate presentation. It feels appropriate at this point to quote Charles Dickens, it was the best of times, it was the worst of times.

Let's start with the worst part; terrible market environment. The entire display industry hemorrhage -- triple punch of increased costs, lower demand, lower capacity utilization. So really, really tough to operate into. I apologize to all of you and all of our stakeholders. We made huge progress over the last couple of years, and that progress has continued.

But financially, we turned to black on EBITDA

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