Negative Net Worth at Overseas Subsidiaries
First written in FY2023. 1 of 6 entries say "Worsened", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2020: 18 of 45 companies on the "Worse" side.
35 other companies' latest entry also says "Other".
- FY2026Change in subsidiaries with negative equityAnnual report
「Advanex de Mexico S.de R.L.de C.V. had negative equity of ¥475 million. Advanex (India) Private Limited had negative equity of ¥324 million.」
The company disclosed negative equity amounts for 2 subsidiaries, in Mexico and India, for the current fiscal year. Mexico increased from ¥179 million in the previous fiscal year to ¥475 million, while India increased from ¥260 million to ¥324 million. The negative equity previously reported for the United States and the Czech Republic was not reported this time. - FY2025MitigatedAnnual report
「Advanex Americas,Inc. had negative equity of ¥433 million. Advanex de Mexico S.de R.L.de C.V. had negative equity of ¥179 million. Advanex Czech Republic s.r.o. had negative equity of ¥156 million. Advanex (India) Private Limited had negative equity of ¥260 million.」
The number of subsidiaries with negative equity decreased from 5 in the previous fiscal year to 4, and the negative equity amounts in the United States and Mexico also decreased from the previous disclosure. Negative equity continued in the Czech Republic and India. - FY2024WorsenedAnnual report
「Advanex Americas,Inc. had negative equity of ¥914 million. Advanex de Mexico S.de R.L.de C.V. had negative equity of ¥1,731 million. Advanex Czech Republic s.r.o. had negative equity of ¥136 million. PT.Advanex Precision Indonesia had negative equity of ¥30 million. Advanex (India) Private Limited had negative equity of ¥220 million.」
The number of subsidiaries with negative equity increased from 4 to 5, and the negative equity amounts in Mexico, the United States, the Czech Republic, and India also increased from the previous disclosure. - FY2023First statedAnnual report
「Advanex Americas,Inc. had negative equity of ¥858 million. Advanex de Mexico S.de R.L.de C.V. had negative equity of ¥999 million. Advanex Czech Republic s.r.o. had negative equity of ¥64 million. Advanex (India) Private Limited had negative equity of ¥126 million.」
The company disclosed the negative equity amounts for 4 overseas subsidiaries in the Americas, Mexico, the Czech Republic, and India.