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Advance Create Co., Ltd. ( (JP:8798) ) just unveiled an update.
Advance Create Co., Ltd. has announced a progress report on its plan to meet the listing maintenance criteria after becoming insolvent as of September 30, 2024. The company has been working to correct financial discrepancies and improve its net asset position by the end of September 2025 to avoid delisting. Efforts include strengthening internal controls, increasing capital, and stabilizing business operations. If the criteria are not met by the deadline, the company risks being designated as Securities Under Supervision and potentially delisted by April 2026.
More about Advance Create Co., Ltd.
Advance Create Co., Ltd. operates in the financial sector and is listed on the Tokyo, Sapporo, and Fukuoka Stock Exchanges. The company focuses on providing financial services and products, but is currently facing challenges in maintaining its listing due to insolvency issues.
Average Trading Volume: 143,244
Technical Sentiment Signal: Sell
Current Market Cap: Yen6.87B
See more insights into 8798 stock on TipRanks’ Stock Analysis page.