Expansion of the elderly care services business in Shanghai, China
First written in FY2016. 11 of 27 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026DroppedAnnual report
「October 2025 Liquidation of 上海福原護理服務有限公司」
The liquidation of 上海福原護理服務有限公司 was completed in October 2025, bringing the company's nursing care and Angel Care operations in China and Shanghai to an end. - FY2025ReframedAnnual report
「In addition, we decided to dissolve 上海福原護理服務有限公司, a subsidiary that operated in China, and recognized the costs associated with the liquidation as an extraordinary loss.」
Regarding the China-based nursing care and Angel Care businesses operated through the Shanghai subsidiary, the company has described the decision to dissolve the subsidiary and recognize liquidation costs, indicating a shift from its previous expansion policy toward organization and termination. - FY2024RestatedAnnual report
「In China, we operate Angel Care services through a subsidiary established in Shanghai. In China, where an aging population is expected to accompany economic development, we consider the recruitment and development of local staff who can understand and put into practice our Group's corporate philosophy, “Provide services that empathize with the dignity of each individual customer,” to be important, and are focusing on these efforts. We are also working to establish a framework that can adapt flexibly to Chinese culture and provide better services.」
The company continues to prioritize the expansion of its Angel Care business in China through its Shanghai subsidiary, as well as the recruitment and development of local staff. - FY2024-Q1AdvancedAnnual report
「The Angel Care service business performed well both in Japan and overseas, including Shanghai, as funeral practices changed, demand for services such as bathing remained strong, and the company worked to further improve service quality, resulting in an increase in the number of services provided.」
For the Angel Care services operated overseas, including in Shanghai, the company has described efforts to improve service quality and an increase in the number of services provided, with business continuing to perform well both in Japan and overseas. - FY2023RestatedAnnual report
「In overseas operations, order volumes for the Angel Care business of 上海福原護理服務有限公司 in Shanghai, China, have been gradually recovering since the lockdown was lifted.」
The company has reconfirmed that order volumes for the Angel Care business have been gradually recovering since the Shanghai lockdown was lifted. - FY2023-Q3Recovery in orders after the lockdown was liftedAnnual report
「In overseas operations, order volumes for the Angel Care business of 上海福原護理服務有限公司 in Shanghai, China, have been gradually recovering since the lockdown was lifted.」
Order volumes for 上海福原's Angel Care business have been gradually recovering since the Shanghai lockdown was lifted. - FY2023-Q2RestatedAnnual report
「In our overseas business, Shanghai Fuyuan Nursing Services Co., Ltd. resumed operations in June following the lifting of the lockdown in Shanghai, China, which had been in place since March 2022.」
Following the lifting of the lockdown in Shanghai, Shanghai Fuyuan's operations resumed in June; this status has been reaffirmed. - FY2023-Q1AdvancedAnnual report
「In our overseas business, Shanghai Fuyuan Nursing Services Co., Ltd. resumed operations in June 2022 following the lifting of the lockdown in Shanghai, China, which had been in place since March.」
The lockdown in Shanghai that began in March 2022 was lifted in June, and Shanghai Fuyuan's China business resumed operations. - FY2022Shanghai lockdown occurred after expansionAnnual report
「In our overseas business, the number of services performed by Shanghai Fuyuan Nursing Services Co., Ltd.'s end-of-life care business had been steadily increasing as awareness of its services grew. However, Shanghai went into lockdown in March because of the renewed spread of COVID-19, and the impact will need to be monitored closely.」
Shanghai Fuyuan's end-of-life care business had continued to see rising awareness and an increase in services performed, but Shanghai went into lockdown in March because of the renewed spread of the infection, bringing the business to the stage of monitoring the impact. - FY2022-Q2RestatedAnnual report
「In our overseas business, the number of services performed by Shanghai Fuyuan Nursing Services Co., Ltd.'s end-of-life care business has been steadily increasing as awareness of its end-of-life care services has grown.」
The company has reaffirmed the provision of end-of-life care services in China by Shanghai Fuyuan and the increase in services performed against a backdrop of rising awareness. - FY2021-Q3AdvancedAnnual report
「In our overseas business, Shanghai Fuyuan Nursing Services Co., Ltd.'s end-of-life care business has shown steady growth, including a significant increase in the number of services performed as awareness of its end-of-life care services has grown.」
The disclosure states that Shanghai Fuyuan's end-of-life care business grew as awareness of its services increased, resulting in a significant rise in the number of services performed. - FY2021-Q2AdvancedAnnual report
「In our overseas business, some services in Shanghai Fuyuan Nursing Services Co., Ltd.'s end-of-life care business were suspended at the beginning of the period, but all sites subsequently resumed full operations, resulting in revenue doubling year on year.」
Shanghai Fuyuan's end-of-life care business progressed from suspending some services at the beginning of the period to fully resuming operations at all sites, and revenue doubled year on year. - FY2021-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, some end-of-life care services were suspended at the beginning of the period, but all sites subsequently resumed full operations, and the business continued to expand.」
In Shanghai Fuyuan's China business, operations progressed from the suspension of some services at the beginning of the period to a full resumption at all sites, and the business continued to expand. - FY2020China business stagnated because of COVID-19Annual report
「However, in the fourth quarter, the spread of COVID-19 forced the business to stagnate locally because of strict requests to refrain from going out and temporary business suspension measures.」
The China care and end-of-life care businesses operated through Shanghai Fuyuan stagnated in the fourth quarter because of requests to refrain from going out and business suspension measures resulting from the spread of the infection. - FY2020-Q3RestatedAnnual report
「In our overseas business, Shanghai Fuyuan Nursing Services Co., Ltd. provides care services and end-of-life care services. We believe that demand for home care and end-of-life care services will certainly exist and that the market will expand in China, where economic growth and population aging are progressing. The steady increase in orders for end-of-life care services in China during the nine-month period ended the third quarter of the current consolidated fiscal year also indicates that the market will expand.」
The company has reaffirmed its view that the provision of care and end-of-life care services in China by Shanghai Fuyuan and the increase in orders for end-of-life care services in China support expectations of market expansion. - FY2020-Q2AdvancedAnnual report
「In our overseas business, Shanghai Fuyuan Nursing Services Co., Ltd. provides care services and end-of-life care services. We believe that demand for home care and end-of-life care services will certainly exist and that the market will expand in China, where economic growth and population aging are progressing. The increase in orders for end-of-life care services in China during the six-month period ended the second quarter of the current consolidated fiscal year also indicates that the market will expand.」
The disclosure states that the increase in orders for end-of-life care services in China supports the expectation of market expansion while Shanghai Fuyuan continues to provide care and end-of-life care services. - FY2020-Q1RestatedAnnual report
「In our overseas business, Shanghai Fuyuan Nursing Services Co., Ltd. provides care services and end-of-life care services. We believe that demand for home care and end-of-life care services will certainly exist and that the market will expand in China, where economic growth and population aging are progressing.」
The company continues to provide care and end-of-life care services through Shanghai Fuyuan and has reaffirmed its expectation that the market in China will expand. - FY2019RestatedAnnual report
「In China, we currently provide Japanese-style home care and end-of-life care services through an affiliated company established in Shanghai.」
The affiliated company in Shanghai continues to provide Japanese-style home care and end-of-life care services. - FY2018RestatedAnnual report
「Shanghai has 15 state-owned funeral homes, but currently only 1 end-of-life care operator is permitted at each funeral home. Shanghai Fuyuan is steadily building a track record at the 3 sites where it currently provides services and seeking to introduce its services at other state-owned funeral homes quickly and expand its market share.」
The policy of building a track record at 3 sites among Shanghai's 15 state-owned funeral homes and expanding into other sites has been reaffirmed. - FY2018-Q3RestatedAnnual report
「Shanghai has 15 state-owned funeral homes, but currently only 1 end-of-life care operator is permitted at each funeral home. Shanghai Fuyuan is steadily building a track record at 3 sites and seeking to introduce its services at other state-owned funeral homes quickly and expand its market share.」
The policy of building a track record at 3 sites through Shanghai Fuyuan and seeking to introduce the services at other state-owned funeral homes and expand market share has been reaffirmed. - FY2018-Q2AdvancedAnnual report
「In our existing overseas business, Shanghai Fuyuan Nursing Services Co., Ltd. (hereinafter, Shanghai Fuyuan), a wholly owned subsidiary established in Shanghai, began providing end-of-life care services inside Shanghai Minhang District Funeral Home in May 2017 and Shanghai Fengxian District Funeral Home in September 2017. Shanghai has 15 state-owned funeral homes, but currently only 1 end-of-life care operator is permitted at each funeral home. Shanghai Fuyuan is steadily building a track record at 3 sites and seeking to introduce its services at other state-owned funeral homes quickly and expand its market share.」
Services began at Shanghai Fengxian District Funeral Home in September 2017, moving to the stage of building a track record at 3 sites in Shanghai. - FY2018-Q1AdvancedAnnual report
「In our existing overseas business, Shanghai Fuyuan Nursing Services Co., Ltd., a wholly owned subsidiary established in Shanghai, provides end-of-life care services. In May 2017, it began providing end-of-life care services inside Shanghai Minhang District Funeral Home, its second site in Shanghai. Shanghai has 15 state-owned funeral homes, but currently only 1 end-of-life care operator is permitted at each funeral home. We will steadily build a track record at 3 sites, including Shanghai Fengxian District Funeral Home, where services are scheduled to begin in September 2017, and seek to introduce our services at other state-owned funeral homes quickly and expand our market share.」
The second end-of-life care site began operating at Shanghai Minhang District Funeral Home. The business progressed to the stage of building a track record at 3 sites, including Fengxian District Funeral Home, where services were scheduled to begin in September 2017, with the aim of expanding into other state-owned funeral homes and increasing market share. - FY2017RestatedAnnual report
「In our overseas business, Shanghai Fuyuan Nursing Services Co., Ltd., a Chinese subsidiary established in August 2015, has developed businesses providing home bathing services, end-of-life care, care training courses and care products. Its home bathing business received the top award as the only service provided by a foreign-capital private company at the Shanghai Elderly Care Service Innovation Practice Case Awards, a care services competition held in May 2016 and sponsored by the Shanghai Civil Affairs Bureau.」
The Shanghai subsidiary provides home bathing, end-of-life care, training courses and care products, and its home bathing business has received the top award. - FY2017-Q3AdvancedAnnual report
「In November 2016, we began operating the end-of-life care business at Shanghai Songjiang District Funeral Home, one of the state-owned funeral homes in Shanghai. We aim to build a strong track record while maintaining the high quality developed over many years in Japan, with a view to securing contracts with additional state-owned funeral homes. Capital increase: 350,000 USD Capital after the capital increase: 700,000 USD Maximum total investment after the capital increase: 1,000,000 USD Planned payment date: late February 2017」
The end-of-life care business began operating at Shanghai Songjiang District Funeral Home, moving to the stage of seeking a contract with the next state-owned funeral home. In addition, a capital increase for the Shanghai subsidiary was approved, with plans to fund business expansion and set the maximum total investment after the capital increase at 1,000,000 USD. - FY2017-Q2AdvancedAnnual report
「In September 2016, we entered into an agreement with Shanghai Songjiang District Funeral Home, one of the state-owned funeral homes in Shanghai, and are preparing to launch our end-of-life care business there in November 2016.」
At the Shanghai subsidiary, preparations have progressed beyond the existing home bathing and training businesses to include an agreement with Shanghai Songjiang District Funeral Home and the planned launch of the end-of-life care business in November 2016. - FY2017-Q1AdvancedAnnual report
「The home bathing business received the top award as the only service provided by a foreign-capital private company at the Shanghai Elderly Care Service Innovation Practice Case Awards, a care services competition held in May 2016 and sponsored by the Shanghai Civil Affairs Bureau. Following this award, Shanghai Care Services has gained recognition, and we will work to expand the service so that more older people in Shanghai can use home bathing services as the city prepares legislation for long-term care insurance.」
The Shanghai subsidiary's home bathing business received the top award in May 2016, marking the start of efforts to expand its use in Shanghai following the award. - FY2016First statedAnnual report
「In August 2015, we established Shanghai Fuyuan Nursing Services Co., Ltd., a wholly owned subsidiary in Shanghai, China. In China, where economic growth is significant and the birthrate is declining while the population is aging, we will provide high-quality care services based on the experience accumulated in Japan, a leading country in care services. We have already entered into outsourcing agreements with multiple local medical and care groups and begun providing home bathing services and care training courses for care workers.」
The disclosure covers the establishment of the wholly owned subsidiary in August 2015, contracts with local groups, and the launch of home bathing services and training courses.