Segment Losses from Initial Costs Associated with the Expansion of the Nursing Care and Welfare Business
First written in FY2024-Q3. 4 of 6 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2017: 6 of 20 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the nursing and welfare business, the launch of i-maru Plus Okinawa in Okinawa Prefecture, which provides group living assistance, and the acquisition of Nagomi Life Care in May 2024, among other factors, resulted in revenue of ¥3,021 million, up 16.0% year on year, and segment profit of ¥133 million, up 31.5%.」
Even after the shift from a loss to profit following the initial costs, segment profit in the nursing and welfare business rose 31.5% year on year to ¥133 million. - 2026-05-14AdvancedEarnings
「In the nursing and welfare business, the launch of i-maru Plus Okinawa in Okinawa Prefecture, which provides group living assistance, and the acquisition of Nagomi Life Care in May 2024, among other factors, resulted in revenue of ¥3,021 million, up 16.0% year on year, and segment profit of ¥133 million, up 31.5%.」
Segment profit in the elderly care business was ¥133,000 thousand, up from ¥101,122 thousand in the previous fiscal year. - FY2026-H1AdvancedAnnual report
「In the nursing and welfare business, the launch of i-maru Plus Okinawa in Okinawa Prefecture, which provides group living assistance, and the acquisition of Nagomi Life Care in May 2024, among other factors, resulted in revenue of ¥1,476 million, up 19.5% year on year, and segment profit of ¥62 million, up 18.0%.」
The nursing and welfare business generated segment profit of ¥62 million, up 18.0% year on year. Improvement continued after the shift from a loss caused by initial costs to profit, supported by the launch of new locations and prior acquisitions. - FY2025AdvancedAnnual report
「In the nursing and welfare business, Alpha Showa in Osaka, which provides home-visit care, L-Farm in Okinawa, which provides employment support, and i-maru Chatan in Okinawa, which provides group living assistance, began operations. In addition, the acquisition of Fureai Town and Nagomi in August 2023, the acquisition of the disability group-home business g-port in November of the same year, and the acquisition of Nagomi Life Care in May 2024 resulted in revenue of ¥2,604 million, up 77.4% year on year, and segment profit of ¥101 million, up 781.2%.」
The nursing and welfare business moved from a segment loss caused by initial costs in the previous year to segment profit of ¥101 million in the current year. - FY2025-H1From segment loss to profitAnnual report
「In the nursing and welfare business, Alpha Showa in Osaka, which provides home-visit care, and L-Farm in Okinawa, which provides employment support, began operations. In addition, the acquisition of Fureai Town and Nagomi in August of the previous year, the acquisition of the disability group-home business g-port in November of the same year, and the acquisition of Nagomi Life Care in May 2024 resulted in revenue of ¥1,234 million, up 121.1% year on year, and segment profit of ¥53 million, up 973.2%.」
Unlike the segment loss caused by initial costs reported in the previous quarter, the interim consolidated accounting period produced segment profit of ¥53 million. - FY2024-Q3First statedAnnual report
「Temporary increases in initial costs, including costs related to establishing a new operating structure at Nagomi and switching the lease agreement for the disability group-home business in Okinawa Prefecture acquired in November of the same year, resulted in revenue of ¥989 million, up 34.1% year on year, and a segment loss of ¥9 million, compared with segment profit of ¥16 million in the same period of the previous year.」
The Company explains that temporary increases in costs for establishing a new operating structure at Nagomi and for the Okinawa acquisition caused the nursing and welfare business to move from segment profit in the previous year to a segment loss of ¥9 million.