Japan Display Inc. - Additional capital alliance and fund procurement with Ichigo Trust

Leading Japanese law firm Nishimura & Asahi advised Japan Display Inc. (“JDI”) [TSE: 6740], a leading manufacturer of small- and medium-sized display devices, on its capital alliance agreement to procure additional funds from Ichigo Trust (“Ichigo”), a Japanese investment management company, of maximum of approx. JPY 60 billion (approx. USD 570 million) through third-party allotment of class D preferred shares and the issuance of stock acquisition rights to Ichigo.

The Nishimura & Asahi team advising JDI is led by partners Yuki Oi and Yusuke Motoyanagi.