Recognition of an extraordinary loss
株式会社アドバンスクリエイト and its wholly owned subsidiary, 株式会社保険市場
Certain advertising transactions in prior years, the capitalization of software, and other items
The discovery of suspected improper accounting treatment in certain advertising transactions and the capitalization of software in prior years. For fixed assets, the cause was declining profitability and other factors. The causes of the other loss items are not disclosed.
Special investigation expenses: ¥274.537 million; expenses related to the correction of prior-year financial results: ¥3.526 million; impairment losses: ¥205.978 million; provision for losses on guarantees of debt: ¥23.018 million; losses on the cancellation of lease agreements: ¥22.167 million; and losses on the cancellation of lease contracts: ¥4.032 million (all recorded as extraordinary losses)
The third quarter of the fiscal year ending September 2026 (1 April 2026 to 30 June 2026). Investigation expenses and expenses related to the correction of prior-year financial results are also expected to be recorded additionally in the financial results for the fiscal year ending September 2026.
Reflected in the Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 [Japanese GAAP] dated 18 September 2026.
Company response
Investigation by a third-party committee. The investigation report was received on 31 July 2026. The name of the committee chair and the establishment date are not disclosed.
Although the amount is currently under review, the Company plans to record investigation expenses and expenses required to correct prior-year financial results as extraordinary losses in the financial results for the fiscal year ending September 2026.
Additional losses are expected to be recorded in the financial results for the fiscal year ending September 2026. However, the timing of the next disclosure is not disclosed.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Date recognized / date notice received | 31 July 2026 (the investigation report was received from the third-party committee) |
| Subject Entity | 株式会社アドバンスクリエイト and its wholly owned subsidiary, 株式会社保険市場 |
| Target Locations / Products | Certain advertising transactions in prior years, the capitalization of software, and other items |
| Cause | The discovery of suspected improper accounting treatment in certain advertising transactions and the capitalization of software in prior years. For fixed assets, the cause was declining profitability and other factors. The causes of the other loss items are not disclosed. |
| Amount of Impact on Business Performance | Special investigation expenses: ¥274.537 million; expenses related to the correction of prior-year financial results: ¥3.526 million; impairment losses: ¥205.978 million; provision for losses on guarantees of debt: ¥23.018 million; losses on the cancellation of lease agreements: ¥22.167 million; and losses on the cancellation of lease contracts: ¥4.032 million (all recorded as extraordinary losses) |
| Accounting period in which recognized | The third quarter of the fiscal year ending September 2026 (1 April 2026 to 30 June 2026). Investigation expenses and expenses related to the correction of prior-year financial results are also expected to be recorded additionally in the financial results for the fiscal year ending September 2026. |
| Impact on Earnings Forecast | Reflected in the Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 [Japanese GAAP] dated 18 September 2026. |
| Investigation structure | Investigation by a third-party committee. The investigation report was received on 31 July 2026. The name of the committee chair and the establishment date are not disclosed. |
| Outlook | Although the amount is currently under review, the Company plans to record investigation expenses and expenses required to correct prior-year financial results as extraordinary losses in the financial results for the fiscal year ending September 2026. |
| Planned follow-up disclosure | Additional losses are expected to be recorded in the financial results for the fiscal year ending September 2026. However, the timing of the next disclosure is not disclosed. |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company recorded expenses related to the investigation by the third-party committee and the correction of prior-year financial results following suspected improper accounting treatment in certain advertising transactions and the capitalization of software in prior years, impairment losses due to declining profitability of fixed assets and other factors, a provision for losses on guarantees of debt, losses on the cancellation of lease agreements, and losses on the cancellation of lease contracts.