Serviced housing for older people offering affordable, worry-free living
First written in FY2016. 5 of 16 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2020-Q3.
0 other companies' latest entry also says "Achieved".
- FY2020-Q3AchievedAnnual report
「At a meeting of the Board of Directors held on 18 October 2019, the Company resolved to enter into a business transfer agreement with 株式会社関東サンガ for the transfer of its service-supported housing business for older adults and entered into the agreement on the same date. The business transfer was completed on 1 December 2019.」
The business transfer agreement for the service-supported housing business for older adults was executed, and the transfer was completed on 1 December 2019. - FY2020-Q2ReframedAnnual report
「At a meeting of the Board of Directors held on 18 October 2019, the Company resolved to transfer its service-supported housing business for older adults to 株式会社関東サンガ and entered into a business transfer agreement on the same date. After receiving an approach from 株式会社関東サンガ, which operates 13 care facilities in Saitama Prefecture, regarding the transfer of our service-supported housing business for older adults, we conducted a careful internal review and reached a basic agreement to transfer the business to that company. The transfer will enable us to concentrate management resources and, for the time being, accelerate our dominant strategy centered on our core home-care business in Tokyo's 23 wards. Scheduled transfer date 1 December 2019 Transfer price: ¥340 million」
Although revenue and profitability had improved at the 4 existing facilities in the service-supported housing business for older adults, the Company entered into a transfer agreement in October 2019 and shifted to a plan to transfer the business on 1 December, at a transfer price of ¥340 million. - FY2020-Q1AdvancedAnnual report
「In this business, we strengthened locally focused sales activities and efforts to attract residents at our 4 existing facilities, resulting in higher revenue and improved profitability year on year. However, competition to attract residents in the areas where we operate facilities remained intense, resulting in an operating loss. As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥159 million (up 16.1% from the same quarter of the previous year), and the segment loss was ¥2 million (compared with a segment loss of ¥6 million in the same quarter of the previous year).」
The Company strengthened local sales activities and efforts to attract residents at its 4 existing facilities. Revenue was ¥159 million, up 16.1% year on year, and the segment loss narrowed from ¥6 million in the previous year to ¥2 million. - FY2019Wider Full-Year LossAnnual report
「In this business, we have continued locally focused sales activities and efforts to attract residents; however, compared with the previous year, the number of new residents acquired declined and the occupancy rate fell. As a result, revenue for the current consolidated fiscal year was ¥591 million, up 6.7% year on year, and the segment loss was ¥13 million, compared with a zero segment loss in the previous year.」
While local sales activities and efforts to attract residents continued, declines in new residents and occupancy rates resulted in a full-year segment loss of ¥13 million. - FY2019-Q3Losses continue to widen amid competitionAnnual report
「In this business, we have continued locally focused sales activities, but competition to attract residents in the areas where we operate facilities has continued to intensify. As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥441 million, up 4.9% from the same quarter of the previous year, while the segment loss was ¥6 million, compared with a zero segment loss in the same quarter of the previous year.」
While local sales activities continued and revenue rose 4.9% year on year, intensifying competition to attract residents resulted in a segment loss of ¥6 million. - FY2019-Q2Losses widen amid intensifying competitionAnnual report
「In this business, we have continued locally focused sales activities, but competition to attract residents in the areas where we operate facilities has continued to intensify. As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥286 million, up 2.2% from the same quarter of the previous year, while the segment loss was ¥5 million, compared with a ¥3 million segment loss in the same quarter of the previous year.」
Although local sales activities continued, the segment loss widened from ¥3 million in the previous year to ¥5 million amid intensifying competition to attract residents. - FY2019-Q1Losses continue amid intensifying competitionAnnual report
「In this business, we have continued locally focused sales activities, but competition to attract residents in the areas where we operate facilities has continued to intensify. As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥137 million (down 2.0% from the same quarter of the previous year), and the segment loss was ¥6 million (compared with a segment loss of ¥5 million in the same quarter of the previous year).」
While local sales activities continued, intensifying competition to attract residents caused revenue to decline 2.0% from the same quarter of the previous year, and the segment loss widened from ¥5 million to ¥6 million. - FY2018AdvancedAnnual report
「With respect to the service-supported housing business for older adults, we are working to restore performance from the next fiscal year onward by establishing a system with nurses stationed around the clock so that we can accommodate older adults with high medical care needs.」
As a response to lower occupancy rates, the Company has established a system with nurses stationed around the clock to accommodate older adults with high medical care needs, putting specific recovery measures in place for the next fiscal year and beyond. - FY2018-Q3Lower occupancy rates and declining profit continueAnnual report
「In this business, we have continued locally focused sales activities and efforts to attract residents; however, compared with the same quarter of the previous year, the number of new residents acquired declined and the occupancy rate fell. As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥420 million (down 7.3% from the same quarter of the previous year), and segment profit was ¥2 million (down 91.2% year on year).」
Although local sales activities and efforts to attract residents continue, declines in new residents and occupancy rates resulted in revenue down 7.3% year on year and segment profit down 91.2%. - FY2018-Q2The impact of lower occupancy rates continues to result in lossesAnnual report
「In this business, we have continued locally focused sales activities and efforts to attract residents; however, compared with the same quarter of the previous year, the number of new residents acquired declined and the occupancy rate fell. As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥280 million (down 6.4% from the same quarter of the previous year), and the segment loss was ¥1 million (compared with segment profit of ¥12 million in the same quarter of the previous year).」
Although local sales activities and efforts to attract residents continue, the decline in new residents and occupancy rates has continued, resulting in lower revenue and a segment loss of ¥1 million. - FY2018-Q1Lower Occupancy RateAnnual report
「At Four Life, our brand in the service-supported housing business for older adults, the number of new residents acquired declined and the occupancy rate fell.」
In the service-supported housing business for older adults, where improved occupancy rates had previously been reported, the number of new residents acquired declined and the occupancy rate fell. - FY2017AdvancedAnnual report
「In this business, occupancy rates have improved despite higher recruitment costs. As a result, revenue for the current consolidated fiscal year was ¥601 million, up 8.2% year on year, and operating profit was ¥37 million, up 459.0%.」
Occupancy rates improved in the service-supported housing business for older adults, resulting in full-year revenue of ¥601 million and operating profit of ¥37 million. - FY2017-Q3AdvancedAnnual report
「In this business, we have continued locally focused sales activities and efforts to attract residents, and occupancy rates are improving. As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥453 million (up 10.9% year on year), and segment profit was ¥27 million (compared with a segment loss of ¥4 million in the same period of the previous year).」
As a result of continuing local sales activities and efforts to attract residents, revenue rose 10.9% year on year to ¥453 million, while segment results improved from a ¥4 million loss in the previous year to a ¥27 million profit. - FY2017-Q2AdvancedAnnual report
「In this business, we have continued locally focused sales activities and efforts to attract residents, and occupancy rates are improving. As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥299 million (up 14.1% year on year), and segment profit was ¥12 million (compared with a segment loss of ¥11 million in the same period of the previous year).」
As a result of continuing local sales activities and efforts to attract residents, occupancy rates improved, revenue increased 14.1% year on year, and segment results turned from a loss in the previous year to a profit of ¥12 million. - FY2017-Q1RestatedAnnual report
「③ Expansion of service-supported housing for older adults We will develop a management and operation business for service-supported housing for older adults, limited to 4 prefectures near Tokyo. The housing will comprise barrier-free residences designed with older adults in mind, where residents can live comfortably at affordable rates without a substantial move-in deposit, together with housing services provided directly by our Group, such as meals and monitoring, and designated facility residential care services covered by long-term care insurance.」
The Company continues its model combining the existing low-cost housing services with care services and specifically identifies 4 prefectures near Tokyo as its target expansion area. - FY2016First statedAnnual report
「This service-supported housing for older adults combines barrier-free residences designed with older adults in mind, where residents can live comfortably at affordable rates without a substantial move-in deposit, with housing services provided directly by our Group, such as meals and monitoring, and designated facility residential care services covered by long-term care insurance (Note).」
The business model combines housing, meals and monitoring, and services covered by long-term care insurance to provide residents with peace of mind.