{"id":131592,"date":"2026-10-15T17:18:35","date_gmt":"2026-10-15T08:18:35","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9250-20261015-03_wp_disclosure_update\/"},"modified":"2026-10-15T17:18:35","modified_gmt":"2026-10-15T08:18:35","slug":"9250-20261015-03_wp_disclosure_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9250\/ir\/9250-20261015-03_wp_disclosure_update\/","title":{"rendered":"Progress Report on Plan to Comply with Listing Maintenance Standards (Net Asset Criteria)"},"content":{"rendered":"<p>Revenue increased 8.0% year-over-year to 2,663,827 thousand yen, and net assets improved to 5,809 thousand yen. Full-year forecasts were revised to revenue of 3,569,557 thousand yen, operating loss of 130,358 thousand yen, ordinary loss of 157,464 thousand yen, and net loss attributable to owners of parent of 512,199 thousand yen. The company reported capital enhancement via exercise of warrants and third-party allotment, progress in joint AI model development, and advances in the GRC security business. Going forward, GRCS Inc. will promote four growth strategies and aims to meet the listing maintenance standards by November 30.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9250","jir_company_name":"GRCS Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9250-20261015-03.pdf","jir_short_summary":"Revenue increased 8.0% year-over-year to 2,663,827 thousand yen, and net assets improved to 5,809 thousand yen. Full-year forecasts were revised to revenue of 3,569,557 thousand yen, operating loss of 130,358 thousand yen, ordinary loss of 157,464 thousand yen, and net loss attributable to owners of parent of 512,199 thousand yen. The company reported capital enhancement via exercise of warrants and third-party allotment, progress in joint AI model development, and advances in the GRC security business. Going forward, GRCS Inc. will promote four growth strategies and aims to meet the listing maintenance standards by November 30.","jir_summary":"### Overview of Performance\nFor the third quarter of the fiscal year ending November 2026, revenue was 2,663,827 thousand yen, an 8.0% increase year-over-year. However, on a quarterly basis the company still recorded operating loss, ordinary loss, and a quarterly net loss attributable to owners of parent. Net assets improved to 5,809 thousand yen (end of prior fiscal year: -95,937 thousand yen), and GRCS Inc. continues efforts to meet the listing maintenance standards based on net asset criteria. The full-year forecast has been revised to revenue of 3,569,557 thousand yen (7.1% increase vs prior year), operating loss of 130,358 thousand yen, ordinary loss of 157,464 thousand yen, and net loss attributable to owners of parent of 512,199 thousand yen.\n\n### Growth Strategy and Future Policy\nThe company executed capital enhancement through the exercise of warrants and a third-party allotment. The joint AI model development project is progressing smoothly and is expected to contribute to profit improvement. The GRC security business is progressing ahead of plan this fiscal year and is contributing to profit accumulation. Going forward, GRCS Inc. will advance four growth strategies\u2014\"Accumulation of Specialized Knowledge\", \"Standardization through AI Implementation\", \"Expansion of Client Base\", and \"Accumulation of Recurring Revenue\"\u2014and aims to meet the listing maintenance standards by November 30, 2026.","jir_financial_highlights":"Revenue: 2,663,827 thousand yen (8.0% YoY increase)\nOperating Loss: -35,144 thousand yen (Prior year: -86,849 thousand yen)\nOrdinary Loss: -53,910 thousand yen (Prior year: -110,538 thousand yen)\nQuarterly Net Loss Attributable to Owners of Parent: -55,280 thousand yen (Prior year: -85,840 thousand yen)\nNet Assets: 5,809 thousand yen (End of prior fiscal year: -95,937 thousand yen \u2192 turned positive)\nFull-year Revenue: 3,569,557 thousand yen (7.1% increase vs prior year)\nFull-year Operating Loss: -130,358 thousand yen (Prior year: -67,827 thousand yen)\nFull-year Ordinary Loss: -157,464 thousand yen (Prior year: -97,715 thousand yen)\nNet Loss Attributable to Owners of Parent (Full-year): -512,199 thousand yen (Prior year: -527,903 thousand yen)","jir_category":"","jir_hashtags":"#NoSpecificTopicsOutsideGRCSIR","jir_key_figures":"Revenue: 2,663,827 thousand yen (8.0% YoY increase)\nNet Assets: 5,809 thousand yen\nFull-year Revenue: 3,569,557 thousand yen (7.1% increase vs prior year)","jir_meta_title":"GRCS Inc. \u2014 Progress toward Compliance with Listing Maintenance Standards | Q3 FY2026 Financial Report","jir_meta_description":"GRCS Inc. reports progress toward meeting the listing maintenance net asset criteria. Quarterly revenue rose 8.0% YoY to 2,663,827 thousand yen; full-year outlook revised to revenue of 3,569,557 thousand yen. The company outlines capital enhancement via warrant exercise and third-party allotment, joint AI development, and advances in its security business.","jir_og_title":"GRCS Inc. \u2014 Progress toward Compliance with Listing Maintenance Standards, Current Results and Growth Strategy","jir_og_description":"GRCS Inc. reports progress toward compliance with listing maintenance standards. Revenue grew 8% YoY and net assets improved. The update covers joint AI development, security business progress, and future growth strategies.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61371,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-131592","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Progress Report on Plan to Comply with Listing Maintenance Standards (Net Asset Criteria) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9250\/ir\/9250-20261015-03_wp_disclosure_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9250\/ir\/9250-20261015-03_wp_disclosure_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9250\/ir\/9250-20261015-03_wp_disclosure_update\/\",\"name\":\"Progress Report on Plan to Comply with Listing Maintenance Standards (Net Asset Criteria) - 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