AI inside released its earnings on 12 November. Cumulative second-quarter ordinary profit (April–September) expanded to ¥340 million, a significant increase year on year. The full-year ordinary profit forecast was revised upward to ¥600 million.
AI inside reported non-consolidated ordinary profit of ¥340 million for the first half (April–September) of the current fiscal year, up 51.1% YoY. It also disclosed that the full-year consolidated ordinary profit forecast had been raised to ¥600 million from the previous ¥510 million, an upward revision of 17.5%.
Ordinary profit for the latest three-month period, July–September (second quarter), was ¥160 million, up 24.4% YoY, while the operating margin on sales improved from 10.5% in the year-earlier period to 13.0%. The company also announced that it would transition to consolidated accounting from the current fiscal year.
The earnings revision reflects a resolution to acquire a 70.0% stake in Wanderlust and make it a consolidated subsidiary. The company is expected to transition to consolidated accounting going forward.