■Future outlook
Sheila Technologies' earnings forecast for the fiscal year ending 2024/12 is a range forecast for sales of 27,500 million yen to 30,000 million yen, an increase of 20.9% from the previous fiscal year, and a 48.0% to 23.7% decrease in operating profit from continuing operations of 750 million yen to 1,100 million yen. Profit declined due to an increase in SG&A expenses, but the plan is to continue sales growth with a drastic increase in sales. As for sales, it is expected that 14 buildings, such as the “SYFORME” series, will be completed in the real estate developer-related business, and it is also expected that the effects of collaboration with US BlackRock and an increase in fee sales due to borrowing fund formations related to “Yield Kun” will also contribute. On the cost side, sales and administration costs are expected to increase due to M&A related expenses and investments in the DX technology field. Regarding “Yitsuri-kun,” it is a policy to reduce advertising costs by utilizing mutual customer transfers with the “ietty” business, and to accelerate business expansion by strengthening measures aimed at increasing the number of investment members (new investment and reinvestment).
(Author: FISCO Visiting Analyst Masashi Mizuta Exhibition)
