■Future outlook
● Overview of consolidated earnings forecasts for the fiscal year ending March 31, 2025
The AIAI Group ＜6557＞'s consolidated earnings forecast for the fiscal year ending 2025/3 is that sales will increase 2.4% from the previous fiscal year to 12,100 million yen, operating income will decrease 6.1% to 500 million yen, ordinary profit will decrease 31.5% to 600 million yen, and net income attributable to parent company shareholders will increase 13.2% to 400 million yen. The plan is to open 3 AIAI NURSERY facilities and 1 AIAI PLUS facility (already opened on 2024/4/1). Furthermore, AIAI PLUS was first established in Kanagawa Prefecture. Thus, AIAI PLUS is attached to all prefectures where AIAI NURSERY is being developed.
The fiscal year ending 2025/3 is forecasted for an increase in sales, a decrease in operating and ordinary profit, and a final increase in profit. We aim to expand earnings due to the opening of new facilities and the effects of increasing the number of enrollments and satisfaction ratios at existing facilities, but sales are expected to increase only slightly in consideration of the decrease in the number of new AIAI NURSERY openings compared to the previous fiscal year, and the transfer of AIAI Life Care shares in 2024/5 and excluding them from consolidation. As for operating income, an increase in labor costs and upfront investment costs (recruitment/training of visiting support staff, etc.) for full-scale development of AIAI VISIT are anticipated, and a slight decrease in profit is expected. As for ordinary income, subsidy income recorded as non-operating income also decreases as the number of new start-ups decreases, so profit is expected to decline. Net income attributable to parent company shareholders is forecast to increase. Overall, there is a strong impression that it is conservative, and we believe that there is a possibility that company forecasts will improve if we take into account the fact that satisfaction rate increase effects and productivity improvement effects can be expected towards the end of the fiscal year.
(Author: FISCO Visiting Analyst Masashi Mizuta Exhibition)