Risk of price declines and intensifying competition in contract processing services
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「As further expansion is expected in the outsourced processing services business in the regenerative medicine field operated by our group, many new companies are expected to enter the market and competition is expected to intensify, which could also create pressure to lower the fees paid to us.」
In addition to revisions to medical service fees associated with conversion to insurance-covered treatment, the risk of lower prices for outsourced processing services due to the entry of many new companies and intensified competition continued to be disclosed. - FY2022RestatedAnnual report
「If treatments provided by medical institutions in connection with the outsourced processing services we provide become covered by public health insurance in the future, revisions to medical service fees and other factors could create pressure from medical institutions to lower the fees they pay us.」
The risk of lower prices and intensified competition for outsourced processing services due to conversion to insurance-covered treatment and entry by competitors continues. - FY2021RestatedAnnual report
「If treatments provided by medical institutions in connection with the outsourced processing services we provide become covered by public health insurance in the future, revisions to medical service fees and other factors could create pressure from medical institutions to lower the fees they pay us.」
The risk of lower prices and intensified competition for outsourced processing services due to conversion to insurance-covered treatment and entry by competitors continues. - FY2020First statedAnnual report
「If treatments provided by medical institutions in connection with the outsourced processing services we provide become covered by public health insurance in the future, revisions to medical service fees and other factors could create pressure from medical institutions to lower the fees they pay us. Similarly, if competing companies enter our outsourced processing services market and competition intensifies, pressure to lower the fees could arise.」
For outsourced processing services, the risk that the conversion to insurance-covered treatment and entry by competitors could lead to lower fees was newly identified.