Declining Angel Care demand due to diversification of funeral formats and other factors
First written in FY2017-Q1. 10 of 22 entries say "Mitigated", first in FY2021-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MaterialisedAnnual report
「Revenue declined as the nationwide decrease in the number of funerals led to a decline in the number of services provided by the company.」
The nationwide decline in the number of funerals has materialized as a decline in the number of Angel Care services provided and lower revenue. - FY2026-H1MaterialisedAnnual report
「In the Angel Care service, the number of procedures performed by our services decreased as the number of funerals declined nationwide compared with the previous interim consolidated accounting period, resulting in a 2.4% decrease in revenue from the previous interim consolidated accounting period.」
The nationwide decline in the number of funerals has materialized as a decline in the number of Angel Care services provided and a 2.4% decrease in revenue. - FY2025MitigatedAnnual report
「In Angel Care Services, the company focused on developing personnel through in-house instructors and cultivating management personnel, while continuing its efforts to improve service quality. Performance remained strong.」
While the risk of declining demand due to changes in funeral formats and other factors is described, performance remains strong as a result of developing in-house instructors and managers and improving quality. - FY2025-H1MitigatedAnnual report
「In this business, performance in the Angel Care Services segment remained strong, as initiatives such as training to improve service quality proved effective.」
Despite changes in funeral practices, efforts to improve service quality through training and other measures have proved effective, and the Angel Care business continues to perform well. - FY2024RestatedAnnual report
「Furthermore, if the diversification of funeral formats leads to a decline in the use of body-washing services, this could affect the performance of the Group.」
The risk of lower use of bathing services accompanying diversification in funeral formats continues to be disclosed. - FY2024-Q3RestatedAnnual report
「Although performance in Angel Care Services remained solid amid continued demand, personnel expenses increased as the company strengthened recruitment and training.」
Despite changes in funeral formats, demand for Angel Care Services has continued, reaffirming the segment's solid performance. - FY2024-Q1MitigatedAnnual report
「As funeral practices change and demand for services such as body-washing remains strong, the company worked to further improve service quality and increased the number of services provided. Performance remained strong both in Japan and overseas, including Shanghai.」
Despite changes in funeral formats, demand for services such as body-washing remains strong, the number of services provided has increased, and services in Japan and Shanghai continue to perform well. - FY2023RestatedAnnual report
「In this business, demand for services such as body-washing remained strong in the Angel Care Services segment, which performed well.」
Despite changes in funeral practices, demand for body-washing and other services remains strong, reaffirming the strength of demand for Angel Care services. - FY2023-Q3MitigatedAnnual report
「In its end-of-life care service, demand for services such as ceremonial bathing remained strong. The company continued efforts to improve service quality, centered on instructors, and the number of ceremonies performed increased, resulting in solid performance.」
Despite changes in funeral practices, demand for services such as body-washing remains strong. Initiatives to improve quality and an increase in the number of services provided have mitigated the impact of the risk of declining demand in Japan. - FY2023-Q2MitigatedAnnual report
「In the Angel Care service, domestic operations performed well, with the number of procedures increasing as the company worked to further improve service quality amid strong demand for bathing and other services.」
Despite changes in funeral practices, demand for services such as body-washing remains strong, and the number of services provided has increased, with strong performance continuing in Japan. - FY2023-Q1MitigatedAnnual report
「In the Angel Care service, domestic operations performed well, with the number of procedures increasing as the company worked to further improve service quality amid strong demand for bathing and other services as funeral practices changed.」
Despite changes in funeral practices, demand for services such as body-washing remains strong. Initiatives to improve service quality and an increase in the number of services provided are reported, indicating that the impact of the risk of declining demand was mitigated in Japan. - FY2022MitigatedAnnual report
「The Angel Care service performed well, with demand for bathing and other services remaining strong amid changes in funeral practices. As a result, revenue for the consolidated fiscal year was ¥2,403 million, up 8.8% year on year, and segment profit was ¥554 million, up 18.4%.」
Despite changes in funeral practices, demand for services such as body-washing remains strong. As the senior-focused comprehensive services business posted higher revenue and profit, the impact of declining demand for body-washing services due to the diversification of funeral formats was mitigated to some extent. - FY2022-Q3MitigatedAnnual report
「In the core Angel Care service, the number of bathing procedures increased despite downward trends in the number of funerals and related services in some areas as COVID-19 spread, resulting in higher revenue and profit. As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥1,735 million, up 9.4% year on year, and segment profit was ¥360 million, up 22.7%.」
The number of bathing procedures increased even in areas where the number of funerals and related services was trending lower, and revenue and segment profit increased year on year, mitigating to some extent the impact of declining demand resulting from changes in funeral formats and funeral demand. - FY2022-Q1MitigatedAnnual report
「In the core Angel Care service, the number of bathing procedures increased despite downward trends in the number of funerals and related services in some areas as COVID-19 spread, resulting in higher revenue and profit.」
The number of bathing procedures increased even in areas where the number of funerals was trending lower, and the Angel Care business recorded higher revenue and profit, indicating some mitigation in actual results of the risk of declining demand. - FY2021-Q3MitigatedAnnual report
「In the core domestic Angel Care service, demand for bathing and other services remained strong and operations performed well despite changes in funeral practices.」
Demand for bathing and other services remained strong despite changes in funeral practices, indicating healthy demand conditions, although the disclosure states that the risk of declining Angel Care demand is emerging. - FY2019RestatedAnnual report
「In addition, if diversification in funeral formats reduces the use of bathing services, this may affect the group’s business performance.」
The risk of lower use of bathing services accompanying diversification in funeral formats continues to be disclosed. - FY2018RestatedAnnual report
「In addition, if diversification in funeral formats reduces the use of bathing services, this may affect the group’s business performance.」
The risk of lower use of bathing services due to diversification in funeral formats continues to be disclosed. - FY2017RestatedAnnual report
「In addition, if diversification in funeral formats reduces the use of bathing services, this may affect the group’s business performance.」
The potential decline in the use of bathing services due to diversification in funeral formats continues to be treated as a risk. - FY2017-Q2RestatedAnnual report
「In addition, if diversification in funeral formats reduces the use of bathing services, this may affect the group’s business performance.」
The potential decline in the use of bathing services due to diversification in funeral formats continues to be identified as a business performance risk. - FY2017-Q1MaterialisedAnnual report
「The Angel Care business experienced a temporary decline in the number of funeral services performed. In addition, if diversification in funeral formats reduces the use of bathing services, this may affect the group’s business performance.」
In addition to an actual temporary decline in the number of funeral services performed, the company identifies a potential decline in the use of bathing services due to diversification in funeral formats as a future business performance risk.