Reductions in Long-Term Care Reimbursement and Facility Revenue Falling Short of Plan
First written in FY2016. 1 of 3 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2019-Q2.
Ship Healthcare Holdings moved to the "Worse" side of this theme in 2018.
The whole theme swung hardest in 2024: 2 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2019-Q2RestatedAnnual report
「In the Life Care business, despite the revision of care reimbursements, the number of residents accumulated from the beginning of the fiscal year and performance remained solid, supported by improved operating efficiency and initiatives to promote occupancy using characters, among other measures.」
The company explained that, while the impact of revised care reimbursements continued, the business remained solid, supported by the increase in residents and improved operating efficiency. - FY2019-Q1MaterialisedAnnual report
「In the Life Care business, despite the impact of revisions to care reimbursements, the number of residents accumulated from the beginning of the fiscal year and performance remained solid, supported by improved operating efficiency and initiatives to promote occupancy using characters, among other measures.」
The filing states that the impact of revised care reimbursements actually affected the Life Care business during the quarter. Meanwhile, profit increased 114.9% year on year, supported by the increase in residents and efficiency improvements. - FY2016First statedAnnual report
「The numbers of residents and users continued to increase, but the company was significantly affected by reductions in care reimbursements and consequently did not achieve its plan.」
The number of users increased, but the plan was not achieved because of the impact of reduced care reimbursements. Segment profit in the Life Care business was ¥151 million, down 21.0% from the previous consolidated fiscal year.