Risk of Amendments to Regulations on Employment Placement Fees and Refunds, the Long-Term Care Insurance Act and Related Laws
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 4 of 17 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Amendments to the Employment Security Act and other legislation may introduce additional regulations on fees and refunds involving companies with job vacancies, impeding free competition and reducing the fees received by the Group.」
It reconfirms the risk of changes in the business environment resulting from regulations on recruitment fees and refunds and amendments to the Long-Term Care Insurance Act and other legislation. - FY2025RestatedAnnual report
「Amendments to the Long-Term Care Insurance Act, the Medical Care Act and other legislation, and the resulting relaxation of regulations requiring service providers to employ a specified number of qualified personnel, such as care managers and nurses, may reduce demand from service providers to recruit these qualified personnel targeted by the Group's recruitment services.」
It reconfirms the risks of lower demand for qualified personnel, regulations on recruitment fees and refunds, and changes in the business environment resulting from amendments to the Long-Term Care Insurance Act. - FY2021RestatedAnnual report
「Future amendments to the Long-Term Care Insurance Act, the Medical Care Act and other legislation, and the resulting relaxation of these regulations, may reduce demand from service providers to recruit personnel. In addition, amendments to the Employment Security Act and other legislation may introduce additional regulations on fees and refunds involving companies with job vacancies, impeding free competition and reducing the fees received by the Group.」
It reconfirms the risk of changes in the business environment resulting from regulations on recruitment fees and refunds and amendments to the Long-Term Care Insurance Act and other legislation as a major market environment risk. - FY2020First statedAnnual report
「In addition, amendments to the Employment Security Act and other legislation may introduce additional regulations on fees and refunds involving companies with job vacancies, impeding free competition and reducing the fees received by the Group. In the long-term care services sector, the business environment for the Group and its long-term care facility customers may also change substantially depending on amendments to the Long-Term Care Insurance Act.」
It explicitly identifies the addition of regulations on fees and refunds resulting from amendments to the Employment Security Act, and changes in the business environment resulting from amendments to the Long-Term Care Insurance Act and other legislation, as major market environment risks.