Earnings volatility from revisions to the Long-Term Care Insurance Act and care fees
First written in FY2016. 10 of 15 entries say "Restated". Latest entry: 2026-05-14.
The whole theme swung hardest in 2024: 2 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- 2026-05-14AdvancedEarnings Presentation
「We will mitigate the reductions resulting from revisions to nursing-care fees by actively acquiring residents and users.」
The company linked its response to reductions resulting from revisions to nursing-care fees with the active acquisition of residents and users. - FY2024RestatedAnnual report
「The Group will seek to minimize this risk by expanding services outside the Long-Term Care Insurance system.」
The company continues its policy of responding to earnings volatility risk from legal revisions affecting Long-Term Care Insurance fees by expanding services outside the Long-Term Care Insurance system. - FY2020MitigatedAnnual report
「The Group will seek to minimize this risk by expanding services outside the Long-Term Care Insurance system.」
The company explicitly states its policy of expanding revenue sources through services outside the Long-Term Care Insurance system to minimize the impact of legal revision risk affecting care fees. - FY2020-Q2RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions are extremely difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, among other factors.」
Although this disclosure contains no new reference to care fee revisions, it continues to describe the difficulty caused by the labor shortage and rising labor costs affecting the earnings environment in the care business. - FY2020-Q1RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions are extremely difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, among other factors.」
Although there is no new disclosure on care fee revisions, the company reconfirms its view that the continuing labor shortage and rising labor costs are affecting the earnings environment in the care business. - FY2019-Q3RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative third quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to the revision of care fees following the April revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage.」
The company continues to view the review of care fees resulting from the revision of the Long-Term Care Insurance Act as affecting the earnings environment in the care business. - FY2019-Q2RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative second quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to the revision of care fees following the April revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage.」
The company reconfirms its view that revisions and reviews of care fees affect the earnings environment in the care business. - FY2019-Q1WorsenedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative first quarter of the current consolidated fiscal year, care fees were revised following the April revision of the Long-Term Care Insurance Act. Although care fees overall were revised upward, the Group's core home-visit care business received a substantial downward revision. In addition, rising labor costs resulting from a persistent labor shortage contributed to conditions that remained extremely difficult both currently and looking ahead.」
Although care fees overall were revised upward, the core home-visit care business received a substantial downward revision, giving concrete form to the risk from system revisions. - FY2018-Q3RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative third quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors.」
The company continues to explain that the decline and sluggish growth in care fees resulting from the revision of the Long-Term Care Insurance Act are affecting the earnings environment in the care business. - FY2018-Q2RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative second quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors.」
The company continues to explain that the decline and sluggish growth in care fees resulting from the revision of the Long-Term Care Insurance Act are affecting the earnings environment in the care business. - FY2018-Q1RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative first quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors.」
The company continues to view the decline and sluggish growth in care fees following the revision of the Long-Term Care Insurance Act as affecting the earnings environment in the care business. - FY2017RestatedAnnual report
「During the current consolidated fiscal year, under the revision of care fees following the April 2015 revision of the Long-Term Care Insurance Act, conditions remained extremely difficult both currently and looking ahead, as there was limited room for growth in care fees and labor costs rose due to a persistent labor shortage, among other factors.」
The company reconfirms the sluggish growth in care fees following the revision of the Long-Term Care Insurance Act and its impact on the earnings environment. - FY2017-Q3RestatedAnnual report
「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative third quarter of the current consolidated fiscal year, under the revision of care fees following the April 2015 revision of the Long-Term Care Insurance Act, conditions remained extremely difficult both currently and looking ahead, as there was limited room for growth in care fees and labor costs rose due to a persistent labor shortage, among other factors.」
The company reconfirms that sluggish growth in care fees has continued since the revision of the Long-Term Care Insurance Act, creating a difficult earnings environment for the care business. - FY2017-Q2MaterialisedAnnual report
「Conditions remained extremely difficult both currently and looking ahead due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors. The number of contract holders and residents increased from the end of the same quarter of the previous year, but revenue increased while profit declined because one-time entrance fee revenue from new fee-based nursing homes decreased. Segment profit (operating profit) was ¥231 million, down 8.1% year on year.」
A significant reduction in care fees is identified as part of the current business environment, and segment profit declined 8.1% year on year despite increases in the number of contract holders and residents. - FY2016First statedAnnual report
「The company considers the impact of revisions to care fees unavoidable.」
While the Long-Term Care Insurance system provides stable revenue, the company regards fluctuations in care fees resulting from revisions to the law as a risk.