Advance Create Restates Prior Financials and Remediates Material Weakness

Advance Create Co., Ltd. ( (JP:8798) ) just unveiled an update.

Advance Create Co., Ltd. is a Japan-listed company focused on media and media-representation services, operating through subsidiaries such as Hokenichiba Co., Ltd. and trading on the Tokyo, Sapporo and Fukuoka markets.
The company confirmed the effectiveness of its internal control over financial reporting as of the fiscal year-end of September 30, 2025 after uncovering prior discrepancies: during fiscal 2024 PV calculation errors identified by the former auditor led to an independent investigative committee, which quantified discrepancies and determined prior-period restatements were necessary. The firm amended financial statements for fiscal years 2020–2023 and several quarterly reports, disclosed the issue as a material weakness, and reflected required adjustments; additionally, misstated revenue in its subsidiary’s Media and Media Rep businesses was identified and corrected in consolidated results. These actions address significant impacts on financial reporting, signal heightened governance and regulatory scrutiny, and carry implications for investor confidence and stakeholder oversight while the company implements remedial internal-control measures.

The most recent analyst rating on (JP:8798) stock is a Sell with a Yen249.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.

More about Advance Create Co., Ltd.

Advance Create Co., Ltd. is a Japan-listed company operating media and media-representation businesses and related services through subsidiaries, including Hokenichiba Co., Ltd., and is listed on the Tokyo, Sapporo and Fukuoka stock markets.

Average Trading Volume: 97,720

Technical Sentiment Signal: Sell

Current Market Cap: Yen6.54B

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