Start of Mass Production of Parts at Indonesian Subsidiary
First written in FY2016. 4 of 10 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-09-03.
Suzuki moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2021: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- 2026-09-03WorsenedGeneral Meetings of Shareholders
「During the consolidated fiscal year under review, we determined that the property, plant and equipment held by PT.SUGINDO INTERNATIONAL showed indications of impairment due to a decline in profitability. However, in determining whether to recognize an impairment loss, the net selling price of the relevant asset group exceeded its carrying amount, and therefore no impairment loss was recognized.」
Indications of impairment due to declining profitability were again identified during the fiscal year for the property, plant and equipment of PT.SUGINDO INTERNATIONAL. No impairment loss was recognized for the relevant asset group. - FY2024WorsenedAnnual report
「During the consolidated fiscal year under review, we determined that the property, plant and equipment held by PT.SUGINDO INTERNATIONAL showed indications of impairment due to a decline in profitability. However, in determining whether to recognize an impairment loss, the net selling price of the relevant asset group exceeded its carrying amount, and therefore no impairment loss was recognized.」
The tangible fixed assets of Indonesia-based subsidiary PT.SUGINDO INTERNATIONAL again showed indications of impairment due to declining profitability during the fiscal year. However, no impairment loss was recognised because the net selling price exceeded the carrying amount. - FY2021WorsenedAnnual report
「During the consolidated fiscal year, the Company determined that the tangible fixed assets held by PT.SUGINDO INTERNATIONAL and PT.GLOBAL TEKNINDO BERKATAMA showed indications of impairment because of declining profitability. However, in determining whether to recognise an impairment loss, the net selling price of the relevant asset group exceeded its carrying amount, and no impairment loss was recognised.」
The tangible fixed assets of the two Indonesian subsidiaries showed indications of impairment due to declining profitability. No impairment loss was recognised because the net selling price exceeded the carrying amount. - FY2019RestatedAnnual report
「At the two Indonesian consolidated subsidiaries, orders have expanded as a result of higher production capacity following the introduction of high-precision processing machinery and mass-production equipment for components, and the entire Group will continue to support them in expanding their businesses.」
The Group continues to support higher production capacity and increased orders following the introduction of new equipment, as well as providing support across the Group. - FY2019-Q3RestatedAnnual report
「Automotive-related orders at the Indonesian consolidated subsidiary remained weak, failing to grow.」
The Group continues to report that automotive-related orders at the Indonesian subsidiary remain weak. - FY2019-Q2RestatedAnnual report
「Profit was pressured by lower profit margins caused by higher production costs for new products during the first quarter of the consolidated cumulative period and by the failure of automotive-related orders at the Indonesian subsidiary to grow.」
The Group continues to report that sluggish automotive-related orders at the Indonesian subsidiary are pressuring profit. - FY2019-Q1WorsenedAnnual report
「However, profit margins in Japan declined because of higher production costs for new products, while the Indonesian subsidiary’s operating loss widened because orders related to automobiles remained weak.」
At the Indonesian subsidiary, automotive-related orders became sluggish and the operating loss widened, following the previous progress marked by increased orders after the introduction of new equipment. - FY2018AdvancedAnnual report
「At the two Indonesian consolidated subsidiaries, orders have expanded as a result of higher production capacity following the introduction of high-precision processing machinery and mass-production equipment for components. The entire Group will continue to support them in achieving profitability.」
The disclosure describes higher production capacity and increased orders following the introduction of new equipment, indicating a progression from the expansion stage after the start of component mass production to the stage of expanding orders. - FY2018-Q1AdvancedAnnual report
「The Indonesian consolidated subsidiary also plans to strengthen its facilities while expanding the range of mass-produced items.」
Following the start of mass production of components, the subsidiary is expanding its range of mass-produced items and planning to strengthen its facilities. - FY2016First statedAnnual report
「The Indonesian consolidated subsidiary proceeded with preparations to begin mass production of components and was able to start mass production at the beginning of the year.」
The Group reports for the first time that the Indonesian subsidiary began mass production of components.