Advanex (5998) · InitiativeDelay in the sale following the suspension of production functionsLatest M&A and Subsidiary Changes (2026-08-07): "Achieved"
Suspension of production operations at the Singapore plant
First written in FY2024. 2 of 5 entries say "Advanced", first in 2026-05-15. Latest entry: 2026-08-07.
5entries
3years
3from disclosures
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Singapore factory production shutdown and delayed saleA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2025Delay in the sale following the suspension of production functionsAnnual report
「The earnings forecast for the fiscal year ending March 2026 is viewed conservatively due to the impact of U.S. tariff policies on the global economy, geopolitical risks and other factors, as well as increased depreciation and amortization expenses resulting from investments for the future, including construction of a new plant in Thailand and expansion of mold manufacturing equipment, and the time required to sell the Singapore plant.」
Regarding structural reform following the suspension of production functions at the Singapore plant, the company stated that the sale of the plant is taking time. - FY2024First statedAnnual report
「The company also decided to suspend production functions at the Singapore plant, and is expected to make progress in reducing its losses」
The company newly stated explicitly that it had decided to suspend production functions at the Singapore plant and undertake structural reform to reduce its losses.