Summary of Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 [Japanese GAAP] (Consolidated)
株式会社アドバンスクリエイト and its consolidated subsidiaries
Insurance agency business, ASP business, media business, media representation business, and reinsurance business. ACP, Dynamic OMO, and the Avatar AI role-play support service "Avatore," among others.
Sluggish growth in the number of appointments secured and new meetings, sluggish new sales of ACP, weak advertising placements on the insurance-selection website, higher outsourcing costs, and increased reinsurance payments. The disclosure also refers to inappropriate accounting practices in certain advertising transactions in prior years and in the capitalization of software and other items.
Operating loss of ¥271.899 million, ordinary loss of ¥340.901 million, and quarterly net loss attributable to owners of the parent of ¥768.744 million. Capital deficiency of ¥276.589 million. Extraordinary losses of ¥533.260 million were recorded, including ¥274.537 million in special investigation costs and ¥205.978 million in impairment losses. Additional related costs required for corrections to prior-year financial statements and other matters are scheduled to be recorded in the financial statements for the fiscal year ending September 2026, with approximately ¥250 million currently expected.
Cumulative third-quarter period of the fiscal year ending September 2026 (1 October 2025 to 30 June 2026). Additional related costs are scheduled to be recorded in the financial statements for the fiscal year ending September 2026.
There is a revision from the most recently published earnings forecast. The full-year forecast is revenue of ¥7,154 million, operating income of ¥423 million, ordinary income of ¥319 million, and a net loss attributable to owners of the parent of ¥391 million.
Company response
Independent committee. The investigation report was received dated 31 July 2026. The name of the chair and the establishment date are not disclosed.
(1) Recovery and renewed growth in performance: Improve marketing methods, secure appointments using the database, strengthen the product-proposal capabilities of each sales employee at directly operated branches, and use the Avatar AI role-play support service "Avatore" in sales-employee training. (2) Optimisation of fixed costs: Optimise the workforce structure through new hiring and the reassignment of existing personnel, appropriately control personnel expenses, review activity-related expenses, particularly outsourcing costs, and reduce fixed costs. (3) Financial covenants and other matters: Communicate with lending financial institutions and other parties and seek to gain their understanding.
Related procedures
Investigation by an independent committee. No legal or administrative proceedings are disclosed.
The company will seek to stabilise its business and financial positions and achieve sustained improvement in its income and expenses, while working to resolve and improve the circumstances related to the going concern assumption. Additional related costs associated with corrections to prior-year financial statements and other matters are scheduled to be recorded in the financial statements for the fiscal year ending September 2026.
Additional related costs are scheduled to be recorded in the financial statements for the fiscal year ending September 2026 and are currently being calculated. Approximately ¥250 million is currently expected.
| Item | Details |
|---|---|
| Event name | Summary of Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 [Japanese GAAP] (Consolidated) |
| Date of occurrence | 30 June 2026 (end of the third-quarter consolidated accounting period) |
| Date recognized / date notice received | 18 September 2026 (publication date of the earnings report). The investigation report of the independent committee was received dated 31 July 2026. |
| Subject Entity | 株式会社アドバンスクリエイト and its consolidated subsidiaries |
| Target Locations / Products | Insurance agency business, ASP business, media business, media representation business, and reinsurance business. ACP, Dynamic OMO, and the Avatar AI role-play support service "Avatore," among others. |
| Cause | Sluggish growth in the number of appointments secured and new meetings, sluggish new sales of ACP, weak advertising placements on the insurance-selection website, higher outsourcing costs, and increased reinsurance payments. The disclosure also refers to inappropriate accounting practices in certain advertising transactions in prior years and in the capitalization of software and other items. |
| Amount of Impact on Business Performance | Operating loss of ¥271.899 million, ordinary loss of ¥340.901 million, and quarterly net loss attributable to owners of the parent of ¥768.744 million. Capital deficiency of ¥276.589 million. Extraordinary losses of ¥533.260 million were recorded, including ¥274.537 million in special investigation costs and ¥205.978 million in impairment losses. Additional related costs required for corrections to prior-year financial statements and other matters are scheduled to be recorded in the financial statements for the fiscal year ending September 2026, with approximately ¥250 million currently expected. |
| Accounting period in which recognized | Cumulative third-quarter period of the fiscal year ending September 2026 (1 October 2025 to 30 June 2026). Additional related costs are scheduled to be recorded in the financial statements for the fiscal year ending September 2026. |
| Impact on Earnings Forecast | There is a revision from the most recently published earnings forecast. The full-year forecast is revenue of ¥7,154 million, operating income of ¥423 million, ordinary income of ¥319 million, and a net loss attributable to owners of the parent of ¥391 million. |
| Type of litigation or proceeding | Investigation by an independent committee. No legal or administrative proceedings are disclosed. |
| Investigation structure | Independent committee. The investigation report was received dated 31 July 2026. The name of the chair and the establishment date are not disclosed. |
| Measures to prevent recurrence | (1) Recovery and renewed growth in performance: Improve marketing methods, secure appointments using the database, strengthen the product-proposal capabilities of each sales employee at directly operated branches, and use the Avatar AI role-play support service "Avatore" in sales-employee training. (2) Optimisation of fixed costs: Optimise the workforce structure through new hiring and the reassignment of existing personnel, appropriately control personnel expenses, review activity-related expenses, particularly outsourcing costs, and reduce fixed costs. (3) Financial covenants and other matters: Communicate with lending financial institutions and other parties and seek to gain their understanding. |
| Outlook | The company will seek to stabilise its business and financial positions and achieve sustained improvement in its income and expenses, while working to resolve and improve the circumstances related to the going concern assumption. Additional related costs associated with corrections to prior-year financial statements and other matters are scheduled to be recorded in the financial statements for the fiscal year ending September 2026. |
| Planned follow-up disclosure | Additional related costs are scheduled to be recorded in the financial statements for the fiscal year ending September 2026 and are currently being calculated. Approximately ¥250 million is currently expected. |
Items this document does not state (11)
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 factors cited as affecting performance include sluggish growth in the number of appointments secured and new meetings, sluggish new sales of ACP, weak advertising placements on the insurance-selection website, higher outsourcing costs, and increased reinsurance payments. The disclosure also refers to extraordinary losses related to corrections to prior-year financial statements and other matters, a capital deficiency, and breaches of financial covenants.