Komori
Mitsui Kinzoku (5706) · RiskMaterialised

Failure of Joint Ventures and Third-Party Alliances to Deliver Results

First written in FY2016. 2 of 5 entries say "Materialised", first in FY2024-Q2. Latest entry: FY2024.

5entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016WorsenedFY2020 – FY2024-Q22016: 120162017: 020172018: 020182019: 020192020: 120202021: 020212022: 020222023: 120232024: 22024
Same theme, other companies
Risk of Recovery Shortfalls and Valuation Losses on Loans to and Investments in AffiliatesA theme 49 companies write about · 51 as a headwind · 0 as a tailwind

Mitsui Kinzoku moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).

The whole theme swung hardest in 2019: 7 of 15 companies on the "Worse" side.

18 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 49 companies compared. The sentences above are computed from all 49.
Full recordFilings, disclosures and news, newest first
  1. FY2024MaterialisedAnnual report

    「Mitsui Kinzoku Die-Casting Technology America Inc.の財政状態の悪化に伴い、同社株式の実質価額が著しく低下したため関係会社株式評価損を計上し、加えて、同社への金銭債権に対する貸倒引当金繰入額を計上しております。」

    関係会社の財政状態悪化が、関係会社株式評価損987百万円及び貸倒引当金繰入額2,595百万円として通期に計上された。
  2. FY2024-Q3RestatedAnnual report

    「Mitsui Kinzoku Die-Casting Technology America Inc.の財政状態の悪化に伴い、同社株式の実質価額が著しく低下したため関係会社株式評価損を計上し、加えて、同社借入金への債務保証に対する債務保証損失引当金を計上しております。」

    同社の財政状態悪化、関係会社株式評価損及び債務保証損失引当金の計上について、前四半期に続き実際の損失として開示している。
  3. FY2024-Q2MaterialisedAnnual report

    「Mitsui Kinzoku Die-Casting Technology America Inc.の財政状態の悪化に伴い、同社株式の実質価額が著しく低下したため関係会社株式評価損を計上し、加えて、同社借入金への債務保証に対する債務保証損失引当金を計上しております。」

    第三者・関係会社の財政状態悪化や事業計画見直しが、関係会社株式評価損987百万円および債務保証損失引当金2,505百万円の計上として実際に発生した。
  4. FY2020WorsenedAnnual report

    「当社と事業シナジーが見込まれる国内外の有望なベンチャー等の第三者と共同開発を行っております。第三者との提携において、提携先での技術開発の遅れおよび技術優位性の低下、提携先財務状況の悪化により、当社の新事業創出が困難となる恐れもあります。」

    合弁・提携一般の成果未達リスクから、ベンチャー等との共同開発、新事業創出、技術・財務面の具体的なリスクへ記載を広げている。
  5. FY2016First statedAnnual report

    「If a significant joint venture falls into financial difficulty or an alliance fails to produce results, this may affect the financial position and operating results of our group.」

    The company identified the risk associated with joint ventures and alliances playing important roles in multiple businesses.
Moved together

"Operating Profit Increased, but Equity-Method Investment Losses Weighed on Ordinary Profit and Net Income Attributable to Owners of the Parent" moved the same way as this thread, in the same document, in 2 of its 5 moves.

22222★12345
  1. ★This thread
  2. 1Operating Profit Increased, but Equity-Method Investment Losses Weighed on Ordinary Profit and Net Income Attributable to Owners of the Parent2×
  3. 2Board Effectiveness Evaluation Using an External Third-Party Organization2×
  4. 3International Commodity Markets, Foreign Exchange, Interest Rates and Supply-Demand Fluctuations2×
  5. 4Impairment of Fixed Assets Due to Declining Profitability2×
  6. 5Commoditization and Price-Cut Requests in Electronic Materials and Automotive Businesses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Mitsui Kinzoku yet.
News
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