Negative Net Worth at ASAKARIKEN(M)SDN.BHD.
First written in FY2019. . Latest entry: FY2023.
The whole theme swung hardest in 2020: 18 of 46 companies on the "Worse" side.
37 other companies' latest entry also says "Other".
- FY2023Provision for doubtful receivables related to liquidationAnnual report
「The company recognized an ¥8.728 million allowance for doubtful accounts for receivables from ASAKARIKEN(M) SDN. BHD. that were considered likely to become uncollectible. It also recognized an ¥8.728 million expense for the provision for doubtful accounts during the consolidated fiscal year.」
The company recognized an ¥8.728 million allowance for doubtful accounts and an expense for the provision of the same amount for receivables from the Malaysian subsidiary undergoing liquidation proceedings that were considered likely to become uncollectible. - FY2022Update to the balance of the liquidation-related provisionAnnual report
「Provision for loss on liquidation of affiliated companies - ¥35.897 million」
The provision for loss on liquidation of affiliated companies related to ASAKARIKEN(M) SDN. BHD., which is undergoing liquidation proceedings, amounted to ¥35.897 million. - FY2022-Q3Update to the balance of the liquidation-related provisionAnnual report
「Provision for loss on liquidation of affiliated companies - ¥35.897 million」
The company recognized a ¥35.897 million provision for loss on liquidation of affiliated companies. The balance of the provision related to the liquidation of the Malaysian subsidiary was updated following the previous disclosure. - FY2022-Q2Recognition of a liquidation-related provisionAnnual report
「Provision for loss on liquidation of affiliated companies - ¥29.873 million」
A ¥29.873 million provision for loss on liquidation of affiliated companies, apparently related to the liquidation of the Malaysian subsidiary, was recognized. - FY2021-Q3Removal from consolidation due to liquidation proceedingsAnnual report
「ASAKARIKEN(M)SDN.BHD., formerly a consolidated subsidiary of the company, is undergoing liquidation proceedings. Since an effective parent-subsidiary control relationship with the company no longer exists, it has been excluded from the scope of consolidation from the third-quarter consolidated accounting period.」
The Malaysian subsidiary that had disclosed negative net worth was undergoing liquidation proceedings and was removed from the scope of consolidation from the current quarter. - FY2020Increase in negative net worthAnnual report
「The company had negative net worth, amounting to ¥325.934 million.」
ASAKARIKEN(M)SDN.BHD.'s negative net worth increased from ¥158.366 million in the previous disclosure to ¥325.934 million. - FY2019First statedAnnual report
「The company had negative net worth, amounting to ¥158.366 million.」
The company disclosed negative net worth of ¥158.366 million at its Malaysian subsidiary, ASAKARIKEN(M)SDN.BHD.