Komori
Care Twentyone (2373) · InitiativeAdvanced

Improving profitability through price revisions for selected services

First written in FY2023-Q1. 3 of 4 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2024.

4entries
3years
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ProgressHeldSoftenedWorseAdvancedFY2023-Q2 – FY20242023: 320232024: 020242025: 12025
Same theme, other companies
Profitability improvement through nursing-care service price reviewsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024AdvancedAnnual report

    「The slowdown in the pace of new admissions has bottomed out, and the company worked to reduce costs, including by reviewing prices for certain services and changing procurement methods for supplies and other items.」

    The company has implemented price reviews and changes to procurement methods and is advancing measures to improve the profitability of facility-based nursing care.
  2. FY2023-Q3AdvancedAnnual report

    「The company is proceeding with a review of prices for certain services and other measures to address the various cost increases, and the effects of its efforts to improve business profitability are beginning to emerge.」

    The company states that the effects of measures including a review of prices for certain services are beginning to emerge, indicating a shift from the planning stage in the previous quarter to the stage at which the effects are appearing.
  3. FY2023-Q2AdvancedAnnual report

    「From the third quarter of the current consolidated fiscal period onward, the company expects to improve business profitability by revising prices for food and administrative expenses to reflect the impact of price increases.」

    With regard to the price review, the company has specified its previous policy for food and administrative expenses and indicated that it will implement the changes from the third quarter of the current consolidated fiscal period onward.
  4. FY2023-Q1First statedAnnual report

    「As the spread of COVID-19 subsided, the pace of acquiring new users reached a bottom and is showing signs of gradual recovery. From the second half of the current consolidated fiscal year, we expect to improve business profitability by revising prices for selected services to address the increase in various costs.」

    For the first time, explicitly states a plan to revise prices for selected services from the second half of the current consolidated fiscal year to address COVID-19 and higher costs and improve profitability.
Moved together

"New openings and early profitability in home-based care supported by marketing and personnel development" moved the same way as this thread, in the same document, in 3 of its 4 moves.

333222★123456
  1. ★This thread
  2. 1New openings and early profitability in home-based care supported by marketing and personnel development3×
  3. 2Improving profitability in facility-based care through new openings and rapid occupancy3×
  4. 3Increase in lease assets and lease liabilities accompanying new openings3×
  5. 4Expanding adjacent businesses, including support for children with disabilities, childcare, welfare equipment and home nursing2×
  6. 5Expanding corporate value through management innovation, cost reductions and operational efficiency2×
  7. 6Enhancing business execution capabilities through in-house development of seamless core business systems2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Care Twentyone yet.
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