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Advance Create Faces Penalty and Compliance Measures

Story Highlights
  • Advance Create Co., Ltd. faces a 33.6 million yen penalty for a listing agreement violation.
  • The company plans to implement measures to prevent recurrence and restore confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Advance Create Faces Penalty and Compliance Measures

Confident Investing Starts Here:

Advance Create Co., Ltd. ( (JP:8798) ) has issued an announcement.

Advance Create Co., Ltd. has been required to submit Improvement Reports and will face a 33.6 million yen penalty for a listing agreement violation by the Tokyo Stock Exchange. The penalty will be recorded as an extraordinary loss, but the impact on the company’s full-year forecast is negligible. The company is committed to implementing measures to prevent recurrence and restore stakeholder confidence.

More about Advance Create Co., Ltd.

Advance Create Co., Ltd. operates in the financial sector and is listed on the Tokyo, Sapporo, and Fukuoka markets. The company is involved in providing financial services and products, focusing on maintaining compliance with stock exchange regulations.

Average Trading Volume: 138,882

Technical Sentiment Signal: Sell

Current Market Cap: Yen6.15B

For an in-depth examination of 8798 stock, go to TipRanks’ Stock Analysis page.

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