Shrinking Childcare Demand Due to the Declining Birthrate and Fewer Children Waiting for Childcare
First written in FY2022. 4 of 7 entries say "Materialised", first in FY2025-H1. Latest entry: 2026-08-10.
Miahelsa Holdings moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 5 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2026MaterialisedAnnual report
「Although the number of children at existing nursery schools declined as the number of children on waiting lists fell, the increase in children, mainly at authorized nursery schools opened in September 2024 and April 2025, contributed to performance.」
The decline in the number of children at existing nursery schools due to the reduction in children on waiting lists continued, while newly opened nursery schools offset the decline. The number of children accommodated was 36,735. - 2026-05-14MaterialisedEarnings
「Although the number of children at existing nursery schools declined as the number of children waiting for admission decreased, the increase in children, particularly at licensed nursery schools opened in September 2024 and April 2025, contributed to growth, while the upward revision of government-set prices under the supplementary budget for fiscal 2025, based on the revision of national government employee salaries following the 2025 National Personnel Authority recommendation, resulted in increases in both revenue and earnings.」
The decline in the number of children at existing nursery schools due to the decrease in children waiting for admission is described, along with the contributions from newly opened schools and the increase in government-set prices. - FY2025MaterialisedAnnual report
「The number of children at existing nursery schools declined as the number of children on waiting lists fell. The number of children accommodated was 36,209, compared with 36,605 in the previous consolidated fiscal year.」
The decline in the number of children, mainly at existing nursery schools, was reflected in a year-on-year decrease of 386 in the number of children accommodated. - FY2025-H1MaterialisedAnnual report
「Although the number of children declined mainly at existing nursery schools, performance was supported by an increase in the number of children at an authorized nursery school opened in April 2023, as well as contributions from after-school clubs and other facilities opened in April 2024.」
A decline in the number of children, mainly at existing nursery schools, actually occurred and is cited as a specific manifestation of the risk that childcare demand will contract due to the declining birthrate and other factors. The contribution from newly opened nursery schools and after-school clubs is also noted. - FY2022First statedAnnual report
「There is concern that the number of people seeking admission to nursery schools will decline nationwide as the declining birthrate reduces the number of children on waiting lists.」
The company indicates that the declining birthrate and reduction in the number of children on waiting lists could reduce both the number of children enrolled and public calls for proposals from local governments to open nursery schools.