Komori
Care Service (2425) · RiskMitigatedLatest Results presentation materials (2026-11-05): "Restated"

Impact of Amendments to the Long-Term Care Insurance Act and Reductions in Long-Term Care Reimbursement Rates

First written in FY2016. 13 of 22 entries say "Restated". Latest entry: 2026-11-05.

22entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2019-Q3RestatedFY2020-Q1 – FY20252016: 320162017: 320172018: 420182019: 320192020: 120202021: 220212022: 020222023: 120232024: 120242025: 120252026: 32026
Same theme, other companies
Impact of Nursing Care Reimbursement System Revisions on Nursing Care Business EarningsA theme 19 companies write about · 18 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2018: 2 of 11 companies on the "Worse" side.

11 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 19 companies compared. The sentences above are computed from all 19.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「To address this risk, the company is developing a comprehensive senior services business as a second core business and is actively pursuing new businesses outside the Long-Term Care Insurance system, in addition to angel care services.」

    To address the risk of dependence on the home-based long-term care business arising from revisions to long-term care reimbursement rates, the company is developing comprehensive senior services as a second core business and pursuing services outside the Long-Term Care Insurance system.
  2. FY2025RestatedAnnual report

    「The Long-Term Care Insurance system is reviewed and long-term care reimbursement rates are revised every 3 years. However, its financial foundation is deteriorating as the number of people aged 75 and over increases. If system or reimbursement revisions are implemented in the future to curb the growth of long-term care benefits, including reductions in long-term care reimbursement rates and increases in the patient cost-sharing rate for long-term care services, profitability could be adversely affected by such factors as lower revenue per service, which could affect the earnings of the Group's core home-based long-term care services business.」

    The risk of deteriorating profitability due to lower long-term care reimbursement rates and higher patient cost-sharing rates continues to be noted.
  3. FY2024RestatedAnnual report

    「The Long-Term Care Insurance system is reviewed and long-term care reimbursement rates are revised every 3 years. However, its financial foundation is deteriorating as the number of people aged 75 and over increases. If system or reimbursement revisions are implemented in the future to curb the growth of long-term care benefits, including reductions in long-term care reimbursement rates and increases in the patient cost-sharing rate for long-term care services, profitability could be adversely affected by such factors as lower revenue per service, which could affect the earnings of the Group's core home-based long-term care services business.」

    The cycle for revisions to the Long-Term Care Insurance system and reimbursement rates, and the risk of deteriorating profitability due to future reductions in reimbursement rates and increases in patient cost-sharing rates, continue to be noted.
  4. FY2023RestatedAnnual report

    「The Long-Term Care Insurance system is reviewed approximately every 5 years, and long-term care reimbursement rates are revised every 3 years. However, its financial foundation is deteriorating as the number of people aged 75 and over increases. If system or reimbursement revisions are implemented in the future to curb the growth of long-term care benefits, including reductions in long-term care reimbursement rates and increases in the patient cost-sharing rate for long-term care services, profitability could be adversely affected by such factors as lower revenue per service, which could affect the earnings of the Group's core home-based long-term care services business.」

    The review cycle for the Long-Term Care Insurance system and the risk of deteriorating profitability due to lower reimbursement rates and higher patient cost-sharing rates are outlined.
  5. FY2022-Q2RestatedAnnual report

    「In Japan's nursing care industry, nursing care fees were revised in April 2021, with an overall revision rate of +0.7% for nursing care services. However, securing personnel to provide services in a timely and appropriate manner is extremely difficult, personnel and recruitment costs continue to rise, and recruiting and retaining nursing care personnel remain major challenges for nursing care operators.」

    The +0.7% revision rate for the April 2021 revision is reiterated, and the company continues to recognize difficulty securing long-term care personnel and rising costs as challenges even after the revision.
  6. FY2022-Q12021 revision rate: +0.7%Annual report

    「In Japan's long-term care industry, reimbursement rates were revised in April 2021, with an overall revision rate of +0.7%. However, securing personnel to provide services at the right time and in sufficient numbers remains extremely difficult, and the recruitment and retention of long-term care personnel remains a major challenge for care providers amid continued increases in labor and recruitment costs.」

    Regarding the longstanding risk of revisions to long-term care reimbursement rates, it is specifically stated that the April 2021 revision was implemented with a revision rate of +0.7%.
  7. FY2020-Q3RestatedAnnual report

    「In addition, the simultaneous revision of long-term care and medical-service reimbursement rates implemented in April 2018 resulted in an overall reduction in service rates, and difficult conditions continue in the environment surrounding the long-term care industry.」

    It is noted that lower service rates resulting from the April 2018 simultaneous revision and difficult conditions in the long-term care industry continue.
  8. FY2020-Q1RestatedAnnual report

    「In addition, the simultaneous revision of long-term care and medical-service reimbursement rates implemented in April 2018 resulted in an overall reduction in service rates, and difficult conditions continue in the environment surrounding the long-term care industry.」

    It is noted that lower service rates resulting from the April 2018 simultaneous revision and difficult business conditions continue.
  9. FY2019MaterialisedAnnual report

    「Segment revenue increased due to the acquisition of a home-visit bathing business and higher utilization rates in existing businesses. However, segment profit declined slightly as the April 2018 revision to long-term care reimbursement rates resulted in an overall reduction in service rates.」

    The reduction in service rates resulting from the long-term care reimbursement revision materialized as a slight decline in segment profit in the long-term care business.
  10. FY2019-Q3RestatedAnnual report

    「In April 2018, a revision to long-term care reimbursement rates was implemented, resulting in a modest increase in reimbursement rates for the first time in 6 years, while requirements for various add-on and reduction adjustments were established.」

    The April 2018 revision to long-term care reimbursement rates, including the modest increase for the first time in 6 years and the establishment of various add-on and reduction adjustment requirements, continues to be cited as part of the business environment.
  11. FY2019-Q2Lower service rates following the revisionAnnual report

    「Although service rates declined slightly as a result of the April 2018 revision to long-term care reimbursement rates, customer acquisition activities proceeded as planned, and revenue increased year on year.」

    While long-term care reimbursement rates were raised modestly for the first time in 6 years, it is noted that service rates in the long-term care business declined slightly following the revision.
  12. FY2019-Q1Revision implemented; modest increaseAnnual report

    「In April 2018, a revision to long-term care reimbursement rates was implemented, resulting in a modest increase in reimbursement rates for the first time in 6 years, while requirements for various add-on and reduction adjustments were established.」

    The description has shifted from a focus on reductions in reimbursement rates to the details of the system changes implemented in April 2018, including the modest increase and the establishment of add-on and reduction adjustment requirements.
  13. FY2018RestatedAnnual report

    「On the other hand, the environment surrounding the long-term care industry is expected to remain difficult following the simultaneous revision of long-term care and medical-service reimbursement rates for fiscal 2018.」

    The outlook for continued difficult business conditions following the fiscal 2018 simultaneous revision of long-term care and medical-service reimbursement rates is reaffirmed.
  14. FY2018-Q3RestatedAnnual report

    「With simultaneous revisions to long-term care and medical-service reimbursement rates scheduled for April 2018, the environment surrounding the industry is expected to remain difficult.」

    Ahead of the simultaneous revision of long-term care and medical-service reimbursement rates in April 2018, the outlook for continued difficult business conditions is reaffirmed.
  15. FY2018-Q2RestatedAnnual report

    「With simultaneous revisions to long-term care and medical-service reimbursement rates scheduled for April 2018, the environment surrounding the industry is expected to remain difficult.」

    Ahead of the simultaneous revision of long-term care and medical-service reimbursement rates in April 2018, the outlook for continued difficult business conditions is reaffirmed.
  16. FY2018-Q1Specific timing of the next revisionAnnual report

    「With simultaneous revisions to long-term care and medical-service reimbursement rates scheduled for April 2018, the environment surrounding the industry is expected to remain difficult.」

    Regarding the longstanding risk of revisions to long-term care reimbursement rates, the timing and scope of the next revision, the simultaneous revision of long-term care and medical-service reimbursement rates in April 2018, are now specified.
  17. FY2017RestatedAnnual report

    「The market environment has changed significantly as a result of an average 4.48% reduction in reimbursement rates across long-term care services under the long-term care reimbursement revision that took effect in April 2015.」

    The impact of the 4.48% reduction in long-term care reimbursement rates continues to be noted, and the possibility of additional reductions from future system and reimbursement revisions, as well as increases in patient cost-sharing rates, is also indicated.
  18. FY2017-Q2WorsenedAnnual report

    「In addition, the impact of the significant reduction in reimbursement rates resulting from the long-term care reimbursement revision in April 2015 has become pronounced, and difficult conditions continue.」

    The description of the impact of lower long-term care reimbursement rates has been strengthened from the previous statement that an impact had emerged to state that the impact has become pronounced and difficult conditions continue.
  19. FY2017-Q1MaterialisedAnnual report

    「In addition, the impact of the significant reduction in reimbursement rates resulting from the long-term care reimbursement revision in April 2015 has emerged, and difficult conditions continue.」

    It is noted that the impact of lower long-term care reimbursement rates has emerged in the business environment for the current quarter. The possibility that changes in laws and regulations could affect business activities and profitability is also indicated.
  20. FY2016First statedAnnual report

    「The market environment has changed significantly as a result of an average 4.48% reduction in reimbursement rates across long-term care services under the revisions to the Long-Term Care Insurance Act that took effect in April 2015.」

    The actual 4.48% reduction in reimbursement rates is cited as a factor necessitating a review of the strategy for existing businesses.
Moved together

"Difficulty securing care personnel, including qualified staff" moved the same way as this thread, in the same document, in 2 of its 22 moves.

22★12
  1. ★This thread
  2. 1Difficulty securing care personnel, including qualified staff2×
  3. 2Headquarters Software and Other Systems Implementation Plan2×

★ 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
Care Service's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Results presentation materials of 2026-11-05: "Restated".
News
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