Widening losses at company-sponsored childcare centers
First written in FY2021. 5 of 10 entries say "Materialised", first in FY2022-Q1. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024MaterialisedAnnual report
「Non-operating income was ¥6.514 million, down 25.3% from the previous fiscal year. This was mainly due to a ¥2.612 million decline in operating revenue from the childcare center. ... Non-operating expenses were ¥55.070 million, up 67.5% from the previous fiscal year.」
Operating revenue of ¥2.612 million was recorded for the childcare center even after the withdrawal from the daycare business, while the ¥3.649 million in expenses left expenses exceeding revenue during the fiscal year. - FY2024-Q3MitigatedAnnual report
「Childcare center operating expenses ¥188 thousand」
Operating expenses for the childcare center fell to ¥188 thousand after the withdrawal from the daycare business, down significantly from ¥2.139 million in the same period of the previous year. The expense burden has declined after measures were taken to address the factors behind the widening deficit. - FY2023MaterialisedAnnual report
「Non-operating income was ¥8.725 million, down 79.1% from the previous fiscal year. The main factors were the recognition of a ¥1.405 million refund of real estate acquisition tax and ¥2.612 million in childcare center operating revenue. Non-operating expenses for the fiscal year were ¥32.875 million, down 53.5% from the previous fiscal year. The main factors were ¥25.655 million in interest expenses, which increased in connection with the refinancing of funds, and ¥3.649 million in childcare center operating expenses.」
Operating revenue from the childcare center was ¥2.612 million, while operating expenses of ¥3.649 million were recorded, showing that expenses again exceeded revenue after the withdrawal. - FY2023-Q2MitigatedAnnual report
「Childcare center operating revenue ¥2.612 million Childcare center operating expenses ¥2.139 million」
After withdrawing from the childcare business, childcare center operating expenses were ¥2.139 million, down from ¥20.887 million in the same period of the previous year. Expenses were below revenue, indicating the situation after addressing the risk of widening losses. - FY2023-Q1MitigatedAnnual report
「Childcare center operating revenue ¥2.612 million Childcare center operating expenses ¥2.139 million」
In the first quarter after withdrawing from the childcare business, childcare center operating expenses decreased from ¥8.094 million in the same period of the previous year to ¥2.139 million, eliminating the expense excess. - FY2022MitigatedAnnual report
「The company withdrew from the childcare business as of 31 March 2022 because it had been a factor in widening losses.」
The company withdrew from the childcare business, which had been a factor in widening losses, as of 31 March 2022, addressing the risk factor. - FY2022-Q3MaterialisedAnnual report
「Childcare center operating revenue ¥7.566 million Childcare center operating expenses ¥28.154 million」
In the cumulative third quarter period, childcare center operating revenue of ¥7.566 million was recorded against operating expenses of ¥28.154 million, and the expense excess in the childcare business continued. - FY2022-Q2MaterialisedAnnual report
「Childcare center operating revenue 4,402 Childcare center operating expenses 20,887」
In the cumulative second quarter period, childcare center operating revenue of ¥4.402 million was recorded against operating expenses of ¥20.887 million, and the expense excess in the childcare business continued to be reflected in the results. - FY2022-Q1MaterialisedAnnual report
「Childcare center operating revenue ¥2.162 million Childcare center operating expenses ¥8.094 million」
In the first quarter, childcare center operating revenue of ¥2.162 million was recorded against operating expenses of ¥8.094 million, resulting in an expense excess of ¥5.932 million. Losses in the childcare business continued to materialize in the results. - FY2021First statedAnnual report
「Losses also widened at the company-sponsored childcare centers operated by the company.」
The widening losses at the company-sponsored childcare centers operated by the company were first separately described as a factor affecting results for the fiscal year.