SIIX Corporation
Notice Regarding the Recognition of Impairment Loss on Investments in Affiliates
An impairment loss of 5,416 million yen on investments in affiliates was recorded as an extraordinary loss in the fiscal year ending December 2025. This amount is expected to be fully eliminated in the consolidated financial statements.
Key Figures
- Total Impairment Loss on Investments in Affiliates: 5,416 million yen (recorded as an extraordinary loss in individual financial statements for the fiscal year ending December 2025)
- Capital of SIIX HUBEI Co., Ltd.: 336,135 thousand Chinese yuan
- Capital of SIIX Hungary Kft.: 1,005 thousand euros
AI要約
Regarding Recognition of Impairment Loss on Investments in Affiliates
SIIX Corporation’s Board of Directors resolved to record an impairment loss of 5,416 million yen as an extraordinary loss in the individual financial statements for the fiscal year ending December 2025, due to a significant decline in the recoverable value of investments in its consolidated subsidiaries SIIX HUBEI Co., Ltd., SIIX Hungary Kft., and SIIX EMS Slovakia s.r.o.
Impact on Business Performance and Consolidated Financial Statements
As a result of recording this impairment loss, an extraordinary loss of 5,416 million yen will be reflected in the individual financial results for the fiscal year ending December 2025. Conversely, in the consolidated financial statements, since the financial conditions of these subsidiaries are already incorporated, the full amount is expected to be eliminated through consolidation procedures.
