Risk of service suspensions, facility closures and increased cancellations due to the spread of COVID-19
First written in FY2020-Q2. 5 of 12 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
37 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「As COVID-19 was reclassified as a Class 5 disease and treated in the same manner as other infectious diseases, subsidies for COVID-19 measures declined, reducing subsidy income by ¥311 million.」
The standalone risk disclosures concerning service suspensions and closures due to COVID-19 have been removed, and the discussion has shifted to the actual decline in subsidies after the reclassification as a Class 5 disease. - FY2024-Q1MitigatedAnnual report
「With regard to operating results, the slowdown in the pace of new move-ins and users refraining from services, mainly in facility-based care, had bottomed out, but」
The company explains that the slowdown in the pace of new move-ins and users refraining from services in facility-based care associated with COVID-19 and other factors had bottomed out, indicating that the impact had eased somewhat. - FY2023-Q3RestatedAnnual report
「There have been no material changes in the impact of COVID-19 on the business from the information disclosed in the Annual Securities Report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the impact of COVID-19 on the business. - FY2023-Q2RestatedAnnual report
「There have been no material changes in the impact of COVID-19 on the business from the information disclosed in the Annual Securities Report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the impact of COVID-19 on the business. - FY2023-Q1MaterialisedAnnual report
「In particular, in the facility-based care business, which accounts for the largest share of the Group's sales, the slowdown in the pace of new move-ins that has continued since the seventh wave of COVID-19 infections persisted, leaving the sales growth rate lower.」
The slowdown in the pace of new move-ins in facility-based care since the seventh wave of COVID-19 continued during the current quarter, reducing the sales growth rate. - FY2022MaterialisedAnnual report
「During the consolidated fiscal year, the impact of COVID-19 on business performance became apparent as a decline in occupancy rates in the facility-based care business.」
The decline in occupancy rates in facility-based care caused by COVID-19 actually occurred, and the company states that business performance was affected through delayed move-in dates, users refraining from services and higher infection-control expenses. - FY2022-Q2RestatedAnnual report
「Although the impact of COVID-19 on the business is limited at present, the company will continue to monitor the situation closely.」
The current impact of COVID-19 on the business is described as limited, while infection trends continue to be monitored. The company also separately describes the impact of restrictions on sales activities and other factors in facility-based care. - FY2021RestatedAnnual report
「Depending on future infection trends, the Group's operating results and financial position could be affected by requests from government authorities to suspend or reduce services, temporary facility closures resulting from infections among employees or users, and an increase in service cancellations.」
Although the impact on business performance during the year was described as minor, future risks including service suspensions, facility closures and an increase in cancellations continue to be disclosed. - FY2021-Q3MaterialisedAnnual report
「In addition, the state of emergency and other measures to prevent the spread of infection restricted sales activities and led to delays in move-in dates. Infection-control expenses also increased, reducing segment profit for this business.」
The state of emergency and other measures implemented in response to the spread of COVID-19 actually restricted sales activities, delayed move-in dates and increased infection-control expenses, thereby reducing profit in facility-based care. - FY2021-Q1MaterialisedAnnual report
「In addition, the spread of COVID-19 slowed the acquisition of new residents and increased infection-control expenses, which reduced segment profit for this business.」
The spread of COVID-19 actually caused slower acquisition of new residents and higher infection-control expenses in facility-based care, and the company states that these factors reduced segment profit. - FY2020-Q3RestatedAnnual report
「The impact of COVID-19 on business performance was minor during the cumulative third-quarter period of the current consolidated fiscal year. Although infections had been moving toward containment, including the lifting of the state of emergency in all regions of Japan, infections had begun to increase again in some regions, and the situation remained unpredictable. Depending on future infection trends, the Group's operating results and financial position could be affected by requests from government authorities to suspend or reduce services, temporary facility closures resulting from infections among employees or users, and an increase in service cancellations.」
Although the impact on business performance during the cumulative third-quarter period was described as minor, renewed infection growth, requests from government authorities, facility closures and service cancellations continue to be disclosed as potential future impact factors. - FY2020-Q2First statedAnnual report
「The impact of COVID-19 on performance was limited during the cumulative second quarter. Although infections were moving toward containment, including following the lifting of the state of emergency throughout Japan, some regions again showed an upward trend, and the situation remained unpredictable. Depending on future infection trends, requests from authorities to suspend or scale back services, temporary facility closures caused by infections among employees or users and an increase in service cancellations could affect the group’s operating results and financial position.」
While describing the impact on performance during the cumulative second quarter as limited, separately identifies future risks from government requests, infections among employees or users, facility closures and higher service cancellations.