Advance Create cuts earnings forecast, suspends shareholder benefits

Advance Create (TSE:8798) announced a revision to its full-year earnings forecast for the fiscal year ending September 2025. The company now projects sales of JPY 6,750 million, down from the previous forecast of JPY 7,400 million. Operating profit is also revised downwards to JPY 560 million from JPY 50 million, and net profit attributable to shareholders is now expected to be JPY 1,430 million, up from JPY 840 million. This revision is attributed to underperforming agent appointments and increased capital expenditure. Consequently, the company has decided to temporarily suspend its shareholder benefits program for shareholders on record as of September 30, 2025, due to existing debt issues.