Regulatory change risk in the internet, temporary staffing, and long-term care sectors
First written in FY2016. 3 of 8 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「As the Group fully withdrew from its support business for organizations accepting foreign technical interns during the consolidated fiscal year, we recognize that the likelihood of this risk materializing is low.」
The Company states that the full withdrawal from support services for organizations accepting foreign technical interns has reduced the likelihood of the relevant business risk associated with Registered Support Organizations materializing. - FY2022RestatedAnnual report
「The Long-Term Care Insurance system is subject to a comprehensive review every 5 years and revisions to long-term care reimbursements every 3 years. If laws or reimbursement rates are revised in a direction unfavorable to our group, such as through reductions in long-term care reimbursements, this could affect our group's financial position and business performance.」
The Company has reiterated the risk of impacts from the five-year reviews of the nursing care system, the three-year revisions to nursing care fees and fee reductions. - FY2020AdvancedAnnual report
「In the Group’s business services for small and medium-sized enterprises, we provide support to Specified Skilled Workers under registration from the Commissioner of the Immigration Services Agency. Name of licence or registration: Registered Support Organization registration; competent authority: Immigration Services Agency; validity period: 30 October 2024」
In addition to the regulatory risks associated with the conventional internet, staffing and nursing care systems, the Company has added the regulated business of supporting Specified Skilled Workers as a Registered Support Organization. - FY2019RestatedAnnual report
「The Long-Term Care Insurance system is subject to a comprehensive review every 5 years and revisions to long-term care reimbursements every 3 years. If laws or reimbursement rates are revised in a direction unfavorable to our group, such as through reductions in long-term care reimbursements, this could affect our group's financial position and business performance.」
The company has reiterated the risk of impacts from the 5-year reviews of the long-term care system, the 3-year revisions to long-term care reimbursements and reductions in reimbursement rates. - FY2018RestatedAnnual report
「The Long-Term Care Insurance system is subject to a comprehensive review every 5 years and revisions to long-term care reimbursements every 3 years. If laws or reimbursement rates are revised in a direction unfavorable to our group, such as through reductions in long-term care reimbursements, this could affect our group's financial position and business performance.」
The company has reiterated the risk of impacts from the 5-year reviews of the long-term care system, the 3-year revisions to long-term care reimbursements and reductions in reimbursement rates. - FY2018-Q2MaterialisedAnnual report
「In the long-term care services business, there was also an impact from the revision of long-term care reimbursements and other factors, but」
The company states that the revision of long-term care reimbursements and other factors actually affected the long-term care services business in the second quarter. - FY2017MaterialisedAnnual report
「However, there was an impact from the decrease in base reimbursement rates accompanying the revision of long-term care reimbursements.」
The company states that the decrease in base reimbursement rates accompanying the revision of long-term care reimbursements actually affected the long-term care services business in the current fiscal year. - FY2016First statedAnnual report
「The Long-Term Care Insurance system is subject to a comprehensive review every 5 years and revisions to long-term care reimbursements every 3 years. If laws or reimbursement rates are revised in a direction unfavorable to our group, such as through reductions in long-term care reimbursements, this could affect our group's financial position and business performance.」
The company discloses laws and regulations relating to the internet, staffing and employment placement, and changes to the Long-Term Care Insurance system and long-term care reimbursements as business risks. The long-term care system is subject to a review every 5 years and reimbursement revisions every 3 years.