Mipox (5381) · InitiativeThailand plant closed; liquidation procedures under way
Establishment of Mipox (Thailand) Co., Ltd. and development of production facilities
First written in FY2018. 1 of 5 entries say "Advanced", first in FY2019. Latest entry: FY2023.
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Establishment and development of production facilities for Mipox (Thailand), followed by dissolution and liquidationA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2023Thailand plant closed; liquidation procedures under wayAnnual report
「MIPOX (Thailand) Co., Ltd. is undergoing liquidation procedures.」
The liquidation procedures for the Thai subsidiary, whose dissolution and liquidation were resolved in FY2022, continued after the plant closed in November 2022. - FY2022DroppedAnnual report
「At a meeting of the Board of Directors held on 22 March 2022, the Company resolved to dissolve and liquidate its consolidated subsidiary, Mipox (Thailand) Co., Ltd.」
The policy changed from continuing the establishment and development of production facilities at the Thai subsidiary to dissolution and liquidation. In connection with this, an impairment loss of ¥82.241 million and a provision for losses on liquidation of an affiliated company were recognized. - FY2020RestatedAnnual report
「¥40 million for factory production equipment and related items at Mipox (Thailand) Co., Ltd.」
Investment in factory production equipment at the Thai subsidiary continues. - FY2019AdvancedAnnual report
「The main items were ¥315 million for building equipment construction, production equipment and related items, and ¥162 million for factory production equipment at Mipox (Thailand) Co., Ltd.」
An investment of ¥162 million was made in factory production equipment at the Thai subsidiary established in FY2018. - FY2018First statedAnnual report
「January 2018 Mipox (Thailand) Co., Ltd. established」
A new company was established in Ayutthaya Province, Thailand, with an investment plan of ¥229.9 million from internal funds for production facilities for the product and contracted businesses. Work was scheduled to begin in February 2018 and be completed in November 2018.