Legal Regulation of Childcare Support
First written in FY2017. 3 of 6 entries say "Reframed", first in FY2021. Latest entry: FY2026.
Kyoshin moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「These system and legal changes may emerge as short-term (1–2 years) or medium-term environmental changes in line with national budget and policy cycles. If reductions or reviews of national or local-government subsidy programs, changes to operating standards or other developments materialize, revenue from operating contracts with the national or local governments, including regulated prices, may decline, and additional costs may arise to meet the applicable standards. If maintaining approvals and authorizations becomes difficult, the suspension of the affected business may result in lost sales, which could affect the Group's performance and other aspects of its business.」
The legal and regulatory risks relating to childcare have been specified in terms of a 1–2-year or medium-term time horizon associated with policy cycles, and the channels of impact through subsidies, operating standards and approvals and authorizations. - FY2023ReframedAnnual report
「If, in the Group's childcare business, policies related to national or local-government childcare support programs are changed, laws concerning the establishment and operation of childcare facilities are amended, or subsidy programs are reviewed, the Group's childcare operations may be constrained. If approvals or authorizations for currently operated authorized childcare facilities, Tokyo-certified childcare facilities or other facilities are revoked for any reason, the Group's performance and other aspects of its business may be affected.」
In addition to the existing risks from policy changes, legal amendments and subsidy programs, the risk of cancellation of approvals and authorizations for authorized childcare facilities and Tokyo-certified childcare facilities is explicitly identified. - FY2021ReframedAnnual report
「If, in the Group's childcare business, policies related to national or local-government childcare support programs are changed, laws concerning the establishment and operation of childcare facilities are amended, or subsidy programs are reviewed, the Group's childcare operations may be constrained.」
In addition to the existing risks from policy and legal changes, reviews of subsidy programs are identified as a new constraint. - FY2020RestatedAnnual report
「If, in the Group's childcare business, policies related to the national childcare support program are changed or laws concerning the establishment and operation of childcare facilities are amended, the Group's childcare operations may be constrained.」
The risk that childcare support policies and amendments to laws concerning the establishment and operation of childcare facilities may constrain the childcare business is reiterated. - FY2019RestatedAnnual report
「If, in the Group's childcare business, policies related to the national childcare support program are changed or laws concerning the establishment and operation of childcare facilities are amended, the Group's childcare operations may be constrained.」
The risks of changes to childcare support policy, amendments to laws concerning the establishment and operation of childcare facilities, and cancellation of approvals and authorizations are reiterated. - FY2017First statedAnnual report
「If policies related to the national childcare support program are changed and laws are enacted or amended in ways that, for example, make it impossible for companies to obtain approval or authorization to establish and operate childcare facilities, the childcare operations of the Group may be constrained.」
Approval and authorization requirements for establishing and operating childcare facilities, as well as system changes, are identified as constraints on the childcare business.