Expansion of 2 Fee-Based Homes for the Elderly Through Leasing
First written in FY2020-Q1. 2 of 5 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022.
0 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「March 2021 Florence Care Chofu opened October 2021 Florence Care Musashikosugi opened」
The 2 planned facilities, Florence Care Chofu and Florence Care Musashikosugi, opened in March and October 2021, respectively. - FY2022-Q2AdvancedAnnual report
「Revenue was ¥2.633 billion, up 5.8% year on year, due to the increase in residents, while operating profit was ¥63 million, down 73.8% year on year, due to higher costs associated with opening new facilities.」
Costs associated with opening new facilities have been incurred, indicating that the planned expansion of fee-based nursing homes has progressed to the opening stage. - FY2022-Q1AdvancedAnnual report
「Revenue was ¥1.302 billion, up 4.0% year on year, due to the higher occupancy rate, while operating profit was ¥45 million, down 57.0% year on year, due to higher costs associated with opening new facilities.」
Costs associated with opening new facilities have been incurred, indicating that the previously planned expansion of fee-based nursing homes has progressed to the opening stage. However, this filing does not state the facility names or opening dates. - FY2020Change in scheduled completion monthAnnual report
「Florence Care Chofu (provisional name) Planned investment: ¥2,415 million Funding method: Finance lease Start date: February 2020 Scheduled completion: March 2021 Increase in capacity after completion: 61 residents Florence Care Musashikosugi (provisional name) Planned investment: ¥4,202 million Funding method: Finance lease Start date: July 2020 Scheduled completion: October 2021 Increase in capacity after completion: 80 residents」
The Company continues its plan to expand the fee-based nursing homes in Chofu and Musashikosugi through finance leases. Since the previous disclosure, the scheduled completion month has changed from February to March 2021 for Chofu and from July to October 2021 for Musashikosugi, with the total increase in capacity stated as 141 residents. - FY2020-Q1First statedAnnual report
「For the purpose of expanding the facilities of our nursing home business and increasing future earnings, we will lease and operate new fee-based nursing homes. We intend to use leases to improve the efficiency of our use of funds. Florence Care Chofu (provisional name) Total lease payments ¥2,415 million Florence Care Musashikosugi (provisional name) Total lease payments ¥4,202 million A. 1 February 2021 (scheduled) B. 15 July 2021 (scheduled)」
The Company disclosed a plan to lease and operate fee-based nursing homes in Chofu and Musashikosugi to expand its nursing home facilities and increase future earnings. Total lease payments are ¥2,415 million and ¥4,202 million, respectively, with operations scheduled to begin on 1 February 2021 and 15 July 2021.