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Advance Create Co., Ltd.
(8798)
Advance Create Co., Ltd. (8798) vs. iShares MSCI Japan ETF (EWJ)
Advance Create Co., Ltd. Business Overview & Revenue Model
Advance Create Co., Ltd. Financial Statement Overview
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.61B | 7.86B | 10.37B | 11.86B | 11.02B |
| Gross Profit | 5.07B | 5.78B | 6.41B | 9.22B | 8.57B |
| EBITDA | -546.37M | -2.12B | -2.17B | 2.44B | 2.35B |
| Net Income | -1.54B | -2.25B | -2.43B | 1.31B | 1.30B |
Balance Sheet | |||||
| Total Assets | 10.29B | 6.86B | 8.48B | 10.45B | 10.32B |
| Cash, Cash Equivalents and Short-Term Investments | 5.34B | 994.48M | 1.24B | 2.27B | 3.34B |
| Total Debt | 5.72B | 4.24B | 2.32B | 1.67B | 1.34B |
| Total Liabilities | 9.73B | 11.83B | 10.81B | 9.62B | 7.34B |
| Stockholders Equity | 559.50M | -4.97B | 4.64B | 834.00M | 2.97B |
Cash Flow | |||||
| Free Cash Flow | -3.91B | -2.32B | -907.72M | -255.43M | 1.22B |
| Operating Cash Flow | -3.90B | -1.67B | -206.71M | 364.64M | 1.64B |
| Investing Cash Flow | -135.96M | -117.13M | -668.80M | -391.92M | -485.56M |
| Financing Cash Flow | 8.42B | 1.51B | -217.50M | -956.43M | -488.70M |
Advance Create Co., Ltd. Technical Analysis
Advance Create Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥100.13B | -6,185.63 | ― | 0.82% | 11.18% | -16.50% | |
71 Outperform | ¥34.65B | 7.00 | 4.94% | 4.00% | 10.72% | 293.23% | |
69 Neutral | ¥52.97B | 19.36 | 6.16% | 1.10% | 13.99% | 85.66% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ¥169.28B | 22.15 | ― | ― | 20.22% | 19.40% | |
63 Neutral | ¥6.87B | 11.55 | ― | 0.72% | 16.04% | 86.97% | |
46 Neutral | ¥7.31B | -125.26 | ― | ― | -16.91% | 28.05% |
Advance Create Co., Ltd. Corporate Events
Advance Create reported that in February 2026, face-to-face insurance agency sales fell 10% from January and 27% year-on-year, while non-face-to-face sales dropped 15% month-on-month and 59% from a year earlier, leading to a 4% monthly and 22% annual decline in total annualized new premiums. Collaborative sales were a bright spot, rising 22% from the prior month and 25% year-on-year, and marketing-acquired customers increased 53% versus a year earlier despite a slight monthly dip, while the ASP business continued to expand with growth in IDs for its GOYOKIKI and DECHI systems, underscoring a gradual shift toward partnership-driven and system-based revenue streams.
The number of marketing-acquired customers, viewed as a leading indicator, declined 4% from January but surged compared with the previous year, suggesting improved demand generation despite short-term volatility. In parallel, the steady expansion of ASP system IDs indicates strengthening adoption among insurance agents, partially offsetting weakness in traditional and remote direct sales channels and potentially enhancing the company’s longer-term competitive positioning in digital insurance infrastructure.
The most recent analyst rating on (JP:8798) stock is a Sell with a Yen182.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create Co., Ltd. has resolved at its board meeting on March 17, 2026 to cancel all of its Class A treasury shares that were previously acquired from SBI Holdings, Inc. The cancellation covers 5,000,000 Class A shares, representing the entirety of such shares held by the company, and is scheduled to take effect on April 30, 2026, simplifying its capital structure and potentially improving share capital efficiency.
The Class A shares subject to cancellation originated from a third-party allotment conducted on September 5, 2025, after which SBI Holdings exercised an acquisition right for common shares on October 1, 2025. In exchange for delivering 5,000,000 common shares to SBI, Advance Create obtained the same number of Class A shares as treasury stock, and the decision to retire these shares removes them from circulation and may be viewed positively by investors monitoring the company’s equity management.
The most recent analyst rating on (JP:8798) stock is a Sell with a Yen181.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create reported that in January 2026 its insurance agency business saw weaker top-line indicators, with face-to-face sales down 26% month on month and 9% year on year, collaborative sales down 15% month on month but up 12% year on year, and non-face-to-face sales falling 6% from December and 48% from a year earlier, resulting in a 23% monthly and 9% annual decline in total annualized new premiums. Despite this, marketing metrics improved sharply as the number of customers acquired surged 75% from the previous month and 73% year on year thanks to new marketing approaches, while cost per acquisition fell 23% month on month and 43% year on year, and the company noted that appointment volumes may recover with some lag as it transitions its sales process, while ID counts for its GOYOKIKI and DECHI ASP services continued to grow versus both the prior month and year, signaling steady expansion in its system business.
The company also highlighted that its ASP business remained on a growth trajectory, with increases in the number of IDs for its core platforms “GOYOKIKI” and “DECHI” compared with both the previous month and the same period last year, suggesting deeper penetration among insurance agents and partners. This bifurcated performance points to short-term pressure on new insurance premium volumes during a transition in sales processes, offset by improving marketing efficiency and digital platform uptake, which could support medium-term competitiveness across both its agency and technology-driven service lines.
The most recent analyst rating on (JP:8798) stock is a Sell with a Yen214.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create Co., Ltd. has decided to abolish its existing Governance Committee and consolidate its functions into the voluntary Nomination and Compensation Committee, which will be renamed the Nomination, Compensation and Governance Committee. The revamped body, remaining an advisory organ to the Board of Directors, is intended to strengthen corporate governance by broadening its remit to nominations, remuneration, and governance matters, including board effectiveness evaluations.
To reinforce independence and oversight, the company has expanded the committee’s membership while keeping independent outside director Yoji Sakurai as chair, with a majority of members being outside or independent outside directors alongside the president. The term of office for committee members will run until the conclusion of the ordinary general meeting of shareholders for the last fiscal year of the current business year, signaling a structured governance cycle for stakeholders.
The most recent analyst rating on (JP:8798) stock is a Sell with a Yen214.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create Co., Ltd. has disclosed that it booked extraordinary losses in its consolidated results for the first quarter of the fiscal year ending September 30, 2026, covering the period from October 1 to December 31, 2025. These losses stem mainly from an impairment loss of ¥60.344 million on fixed assets due to declining profitability, along with a ¥4.564 million provision for loss on guarantees.
The extraordinary losses are already incorporated into the company’s consolidated financial results for the three months ended December 31, 2025, under Japanese GAAP. The company expressed regret for the inconvenience and concern caused to shareholders, investors, and other stakeholders, underscoring the sensitivity of its investor base to changes in asset valuations and risk provisions.
The most recent analyst rating on (JP:8798) stock is a Sell with a Yen230.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create Co., Ltd., a Japanese insurance agency, specializes in distributing insurance products via its own branches and drives growth through enhanced sales productivity and policy retention efforts. The company’s business model centers on maintaining long-term customer relationships to secure recurring premium income and stabilize revenue.
In the first quarter of the fiscal year ending September 30, 2026, the company reported net sales of ¥1,776 million, up ¥568 million year on year, supported by stronger productivity at branches and higher policy retention that lifted present-value premium revenue. Operating profit and ordinary profit turned positive, and the quarterly net loss attributable to owners of the parent narrowed significantly, aided by reduced extraordinary losses, signaling a substantial improvement in overall profitability.
The most recent analyst rating on (JP:8798) stock is a Sell with a Yen230.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create Co., Ltd. reported a sharp rebound in performance for the quarter ended December 31, 2025, with net sales rising 47.1% year on year to ¥1,776 million and a return to operating profit of ¥41 million, compared with a significant loss a year earlier. Nevertheless, the company remained slightly in the red with a ¥39 million loss attributable to owners of the parent, while total assets fell to ¥8,998 million and the equity ratio stayed low at 6.0%, underscoring a still-fragile balance sheet.
The company maintained its zero-dividend stance for the fiscal year ended September 30, 2025 and has yet to decide dividends for the year ending September 30, 2026, signaling a continued focus on capital preservation. For the full year ending September 30, 2026, Advance Create is forecasting a 20.3% rise in net sales to ¥7,950 million and a swing to profit with ¥450 million in earnings attributable to owners of the parent, implying a gradual recovery trajectory but also continued execution risk for shareholders and creditors.
The most recent analyst rating on (JP:8798) stock is a Sell with a Yen230.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create reported that in December 2025 its insurance agency business saw a sharp month-on-month recovery in face-to-face sales, up 37%, and collaborative sales, up 22%, while non-face-to-face sales declined 11% and remained significantly below year-earlier levels, resulting in total annualized new premiums flat year-on-year despite a 31% monthly increase. In its ASP business, the company continued to expand its digital infrastructure for insurance agents, with steady growth in user IDs for GOYOKIKI and DECHI compared with both the prior month and the previous year, underscoring ongoing demand for its support systems even as sales channel performance remains uneven.
The most recent analyst rating on (JP:8798) stock is a Hold with a Yen206.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create Co., Ltd. has submitted an Improvement Status Report to the Tokyo Stock Exchange, Fukuoka Stock Exchange, and Sapporo Securities Exchange, detailing the implementation and operational status of corrective measures previously outlined in an Improvement Report filed on June 20, 2025. The filing demonstrates the company’s effort to address issues raised by the exchanges and to enhance its compliance and governance framework, a step that may influence its standing with regulators, investors, and other stakeholders depending on the effectiveness of the measures taken.
The most recent analyst rating on (JP:8798) stock is a Hold with a Yen254.00 price target. To see the full list of analyst forecasts on Advance Create Co., Ltd. stock, see the JP:8798 Stock Forecast page.
Advance Create Co., Ltd. has disclosed its relationship with SBI Holdings, Inc. following a series of capital measures implemented in 2025 to strengthen its financial position and support long-term profitability. Through a third-party allotment of common and Class A shares aimed at maintaining its listing and enhancing earnings, SBI Holdings has come to hold 20.03% of the company’s voting rights, making it the largest major shareholder and a related company, while one outside director with senior roles within the SBI insurance group now sits on Advance Create’s board. The company stresses that SBI Holdings respects its continued listing and independent management, provides cooperative support without compromising autonomy, and that there are currently no material related‑party transactions with SBI Holdings requiring disclosure, a point likely intended to reassure investors and other stakeholders about governance and minority shareholder protections.
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.
Advance Create reported weaker insurance agency performance in November 2025, with face-to-face sales down 7% month-on-month and 16% year-on-year, collaborative sales up 8% from the prior month but down 4% year-on-year, and non-face-to-face sales falling 9% month-on-month and 53% from a year earlier, resulting in an 18% year-on-year decline in total annualized new premiums. In contrast, the ASP business continued to expand its user base, as IDs for both the GOYOKIKI customer management system and DECHI application platform increased on both a monthly and annual basis, indicating steady uptake of the company’s digital tools among insurance agents despite soft new insurance sales.
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.
Advance Create Co., Ltd. reported that all proposals submitted to its 30th Annual General Meeting of Shareholders, held on December 18, 2025, were approved with strong support. Shareholders elected eight directors, including President Yoshiharu Hamada, and three corporate auditors, with approval ratios generally exceeding 90%, and the exercise ratio of voting rights reaching 81.63%, indicating high shareholder participation. The company noted that the resolutions were validly passed under the Companies Act and that some unconfirmed votes from attendees were excluded because approval requirements had already been met, underscoring both procedural compliance and solid backing for the existing management and oversight structure.
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.