Due to deficiencies in internal controls in previous years, the internal control reports for 2021\u20132025 have been corrected, disclosing substantial impacts on financial reporting. A third-party committee investigation revealed inappropriate accounting practices. 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A third-party committee investigation revealed inappropriate accounting practices. As measures to prevent recurrence, governance reforms and a fundamental review of internal controls are being implemented.","jir_summary":"### Background and overview of deficiencies\nThe company has already submitted correction reports for past financial statements and has now submitted a corrected internal control report to the Kinki Finance Bureau. The correction targets are the items concerning evaluation results in internal control reports for the fiscal years ended September 2021 through September 2025, where it is alleged that deficiencies substantially affecting financial reporting were identified. Major deficiencies span revenue recognition, closing and financial reporting processes, business processes, and control environment, with emphasis on newly identified deficiencies even after prior-year corrections.\n\n### Prevention of recurrence and strengthened governance\nBased on the third-party committee's findings, the company is implementing fundamental reforms to corporate culture and authority structure, strengthening the board's supervisory function, appointing a reform-officer director, operating the board with outside directors, enhancing the whistleblowing system, and establishing a risk information escalation framework. Key pillars include eliminating the representative's influence, increasing involvement of outside directors and auditors, enhancing transparency of actual vs budget management, and strengthening a three-line defense in auditing.","jir_financial_highlights":"Subject period of the deficiencies: Fiscal years ending September 2021 through September 2025 (Unknown)\nSubject internal control reports: Fiscal years ending September 2021, 2022, 2023, 2024, and 2025 (Correction reports submitted)","jir_category":"","jir_hashtags":"#AdvanceCreate, #DisclosuresUpdate, #InternalControlDeficiencies, #GovernanceReform","jir_key_figures":"Correction target period: 2021 September term to 2025 September term\nCorrection report submitted: submitted to the Kinki Finance Bureau\nDate of receipt of third-party committee investigation report: July 31, 2026","jir_meta_title":"Advance Create Corporation: Correcting Internal Control Deficiencies \u2014 2021 September Term to 2025 September Term","jir_meta_description":"Advance Create corrected internal control deficiencies in financial reporting and submitted a correction report to the Kinki Finance Bureau. Based on the third-party committee's findings, the company outlines preventive measures and a fundamental reform of governance and internal control system.","jir_og_title":"Correcting Internal Control Deficiencies \u2014 Advance Create","jir_og_description":"Significant deficiencies were found in financial reporting internal controls, and a correction report was submitted. Details of preventive measures and governance strengthening are provided.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59245,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-104491","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n