diff --git a/compiler/fir/fir2ir/tests/org/jetbrains/kotlin/codegen/ir/FirBlackBoxCodegenTestGenerated.java b/compiler/fir/fir2ir/tests/org/jetbrains/kotlin/codegen/ir/FirBlackBoxCodegenTestGenerated.java
index cb69accca52..2bd5c9f58d1 100644
--- a/compiler/fir/fir2ir/tests/org/jetbrains/kotlin/codegen/ir/FirBlackBoxCodegenTestGenerated.java
+++ b/compiler/fir/fir2ir/tests/org/jetbrains/kotlin/codegen/ir/FirBlackBoxCodegenTestGenerated.java
@@ -4025,6 +4025,11 @@ public class FirBlackBoxCodegenTestGenerated extends AbstractFirBlackBoxCodegenT
             runTest("compiler/testData/codegen/box/classes/kt3546.kt");
         }
 
+        @TestMetadata("kt40332.kt")
+        public void testKt40332() throws Exception {
+            runTest("compiler/testData/codegen/box/classes/kt40332.kt");
+        }
+
         @TestMetadata("kt454.kt")
         public void testKt454() throws Exception {
             runTest("compiler/testData/codegen/box/classes/kt454.kt");
diff --git a/compiler/ir/backend.jvm/src/org/jetbrains/kotlin/backend/jvm/codegen/ClassCodegen.kt b/compiler/ir/backend.jvm/src/org/jetbrains/kotlin/backend/jvm/codegen/ClassCodegen.kt
index 6d892382805..733cc0fc7a9 100644
--- a/compiler/ir/backend.jvm/src/org/jetbrains/kotlin/backend/jvm/codegen/ClassCodegen.kt
+++ b/compiler/ir/backend.jvm/src/org/jetbrains/kotlin/backend/jvm/codegen/ClassCodegen.kt
@@ -226,7 +226,16 @@ abstract class ClassCodegen protected constructor(
         fun getOrCreate(
             irClass: IrClass,
             context: JvmBackendContext,
-            parentFunction: IrFunction? = null,
+            // The `parentFunction` is only set for classes nested inside of functions. This is usually safe, since there is no
+            // way to refer to (inline) members of such a class from outside of the function unless the function in question is
+            // itself declared as inline. In that case, the function will be compiled before we can refer to the nested class.
+            //
+            // The one exception to this rule are anonymous objects defined as members of a class. These are nested inside of the
+            // class initializer, but can be referred to from anywhere within the scope of the class. That's why we have to ensure
+            // that all references to classes inside of <clinit> have a non-null `parentFunction`.
+            parentFunction: IrFunction? = irClass.parent.safeAs<IrFunction>()?.takeIf {
+                it.origin == JvmLoweredDeclarationOrigin.CLASS_STATIC_INITIALIZER
+            },
         ): ClassCodegen =
             context.classCodegens.getOrPut(irClass) {
                 context.createCodegen(irClass, context, parentFunction) ?: DescriptorBasedClassCodegen(irClass, context, parentFunction)
diff --git a/compiler/testData/codegen/box/classes/kt40332.kt b/compiler/testData/codegen/box/classes/kt40332.kt
new file mode 100644
index 00000000000..d1c4ac75ebb
--- /dev/null
+++ b/compiler/testData/codegen/box/classes/kt40332.kt
@@ -0,0 +1,11 @@
+// IGNORE_BACKEND: JVM
+
+object A {
+    private val s = object {
+        inline operator fun invoke(): String = "OK"
+    }
+
+    fun value() = s()
+}
+
+fun box(): String = A.value()
diff --git a/compiler/tests/org/jetbrains/kotlin/codegen/BlackBoxCodegenTestGenerated.java b/compiler/tests/org/jetbrains/kotlin/codegen/BlackBoxCodegenTestGenerated.java
index cf348a99c7a..aff052eb00a 100644
--- a/compiler/tests/org/jetbrains/kotlin/codegen/BlackBoxCodegenTestGenerated.java
+++ b/compiler/tests/org/jetbrains/kotlin/codegen/BlackBoxCodegenTestGenerated.java
@@ -4045,6 +4045,11 @@ public class BlackBoxCodegenTestGenerated extends AbstractBlackBoxCodegenTest {
             runTest("compiler/testData/codegen/box/classes/kt3546.kt");
         }
 
+        @TestMetadata("kt40332.kt")
+        public void testKt40332() throws Exception {
+            runTest("compiler/testData/codegen/box/classes/kt40332.kt");
+        }
+
         @TestMetadata("kt454.kt")
         public void testKt454() throws Exception {
             runTest("compiler/testData/codegen/box/classes/kt454.kt");
diff --git a/compiler/tests/org/jetbrains/kotlin/codegen/LightAnalysisModeTestGenerated.java b/compiler/tests/org/jetbrains/kotlin/codegen/LightAnalysisModeTestGenerated.java
index b90283acb3e..8ee7e1ae5fb 100644
--- a/compiler/tests/org/jetbrains/kotlin/codegen/LightAnalysisModeTestGenerated.java
+++ b/compiler/tests/org/jetbrains/kotlin/codegen/LightAnalysisModeTestGenerated.java
@@ -3642,6 +3642,11 @@ public class LightAnalysisModeTestGenerated extends AbstractLightAnalysisModeTes
     @TestDataPath("$PROJECT_ROOT")
     @RunWith(JUnit3RunnerWithInners.class)
     public static class Classes extends AbstractLightAnalysisModeTest {
+        @TestMetadata("kt40332.kt")
+        public void ignoreKt40332() throws Exception {
+            runTest("compiler/testData/codegen/box/classes/kt40332.kt");
+        }
+
         private void runTest(String testDataFilePath) throws Exception {
             KotlinTestUtils.runTest(this::doTest, TargetBackend.JVM, testDataFilePath);
         }
diff --git a/compiler/tests/org/jetbrains/kotlin/codegen/ir/IrBlackBoxCodegenTestGenerated.java b/compiler/tests/org/jetbrains/kotlin/codegen/ir/IrBlackBoxCodegenTestGenerated.java
index 05636c326d5..c2e32202077 100644
--- a/compiler/tests/org/jetbrains/kotlin/codegen/ir/IrBlackBoxCodegenTestGenerated.java
+++ b/compiler/tests/org/jetbrains/kotlin/codegen/ir/IrBlackBoxCodegenTestGenerated.java
@@ -4025,6 +4025,11 @@ public class IrBlackBoxCodegenTestGenerated extends AbstractIrBlackBoxCodegenTes
             runTest("compiler/testData/codegen/box/classes/kt3546.kt");
         }
 
+        @TestMetadata("kt40332.kt")
+        public void testKt40332() throws Exception {
+            runTest("compiler/testData/codegen/box/classes/kt40332.kt");
+        }
+
         @TestMetadata("kt454.kt")
         public void testKt454() throws Exception {
             runTest("compiler/testData/codegen/box/classes/kt454.kt");
diff --git a/js/js.tests/test/org/jetbrains/kotlin/js/test/es6/semantics/IrJsCodegenBoxES6TestGenerated.java b/js/js.tests/test/org/jetbrains/kotlin/js/test/es6/semantics/IrJsCodegenBoxES6TestGenerated.java
index cbd580f6750..cea8f086238 100644
--- a/js/js.tests/test/org/jetbrains/kotlin/js/test/es6/semantics/IrJsCodegenBoxES6TestGenerated.java
+++ b/js/js.tests/test/org/jetbrains/kotlin/js/test/es6/semantics/IrJsCodegenBoxES6TestGenerated.java
@@ -3205,6 +3205,11 @@ public class IrJsCodegenBoxES6TestGenerated extends AbstractIrJsCodegenBoxES6Tes
             runTest("compiler/testData/codegen/box/classes/kt3546.kt");
         }
 
+        @TestMetadata("kt40332.kt")
+        public void testKt40332() throws Exception {
+            runTest("compiler/testData/codegen/box/classes/kt40332.kt");
+        }
+
         @TestMetadata("kt454.kt")
         public void testKt454() throws Exception {
             runTest("compiler/testData/codegen/box/classes/kt454.kt");
diff --git a/js/js.tests/test/org/jetbrains/kotlin/js/test/ir/semantics/IrJsCodegenBoxTestGenerated.java b/js/js.tests/test/org/jetbrains/kotlin/js/test/ir/semantics/IrJsCodegenBoxTestGenerated.java
index 9f6b997105b..d3c59cdb49c 100644
--- a/js/js.tests/test/org/jetbrains/kotlin/js/test/ir/semantics/IrJsCodegenBoxTestGenerated.java
+++ b/js/js.tests/test/org/jetbrains/kotlin/js/test/ir/semantics/IrJsCodegenBoxTestGenerated.java
@@ -3205,6 +3205,11 @@ public class IrJsCodegenBoxTestGenerated extends AbstractIrJsCodegenBoxTest {
             runTest("compiler/testData/codegen/box/classes/kt3546.kt");
         }
 
+        @TestMetadata("kt40332.kt")
+        public void testKt40332() throws Exception {
+            runTest("compiler/testData/codegen/box/classes/kt40332.kt");
+        }
+
         @TestMetadata("kt454.kt")
         public void testKt454() throws Exception {
             runTest("compiler/testData/codegen/box/classes/kt454.kt");
diff --git a/js/js.tests/test/org/jetbrains/kotlin/js/test/semantics/JsCodegenBoxTestGenerated.java b/js/js.tests/test/org/jetbrains/kotlin/js/test/semantics/JsCodegenBoxTestGenerated.java
index 8860b58d810..c5ea5ad2ad1 100644
--- a/js/js.tests/test/org/jetbrains/kotlin/js/test/semantics/JsCodegenBoxTestGenerated.java
+++ b/js/js.tests/test/org/jetbrains/kotlin/js/test/semantics/JsCodegenBoxTestGenerated.java
@@ -3205,6 +3205,11 @@ public class JsCodegenBoxTestGenerated extends AbstractJsCodegenBoxTest {
             runTest("compiler/testData/codegen/box/classes/kt3546.kt");
         }
 
+        @TestMetadata("kt40332.kt")
+        public void testKt40332() throws Exception {
+            runTest("compiler/testData/codegen/box/classes/kt40332.kt");
+        }
+
         @TestMetadata("kt454.kt")
         public void testKt454() throws Exception {
             runTest("compiler/testData/codegen/box/classes/kt454.kt");