Fixed-cost burden at newly opened facilities
First written in FY2017-Q1. 4 of 9 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2019.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「As all shares of All Life Mate Co., Ltd. were transferred in December 2018, the business's fourth-quarter revenue was excluded from the consolidated results.」
Because the care-related business, including the newly opened facility, was sold and excluded from the consolidated results, there is no longer a business platform under which the facility's fixed-cost burden would be treated as an ongoing risk for the Group. - FY2019-Q1MitigatedAnnual report
「In the care-related business, occupancy improved as a result of active recruitment efforts, and revenue was ¥911.849 million, up 8.8% year on year. In terms of profit and loss, improved cost ratios resulted in operating profit of ¥27.666 million (an operating loss of ¥9.293 million in the same quarter of the previous year).」
Although the fixed-cost burden of newly opened facilities is not specifically mentioned, the care-related business turned from an operating loss in the same quarter of the previous year to operating profit, and the reduction in the loss impact has continued. - FY2018-Q3MitigatedAnnual report
「In terms of profit and loss, occupancy improved, resulting in operating profit of ¥10.400 million (an operating loss of ¥236.975 million in the same quarter of the previous year).」
Due to improved occupancy, the care-related business turned from an operating loss of ¥236.975 million in the same quarter of the previous year to operating profit of ¥10.400 million, reducing the loss impact of the burden from newly opened facilities and other factors. - FY2018-Q2MitigatedAnnual report
「In the care-related business, the number of residents increased as a result of active recruitment efforts, and revenue was ¥1,720.828 billion, up 19.3% year on year. In terms of profit and loss, partly due to a lower burden from the costs of new openings recorded in the same quarter of the previous year, the company posted an operating loss of ¥6.084 million (an operating loss of ¥175.179 million in the same quarter of the previous year).」
Due to the lower burden from new-opening costs and other factors, the care-related business's operating loss narrowed from ¥175.179 million in the same quarter of the previous year to ¥6.084 million. - FY2018-Q1MitigatedAnnual report
「In the care-related business, occupancy improved as a result of active recruitment efforts, and revenue was ¥838.255 million, up 18.3% year on year. In terms of profit and loss, improved cost ratios and lower selling, general and administrative expenses resulted in an operating loss of ¥9.293 million (an operating loss of ¥87.170 million in the same quarter of the previous year).」
The care-related business's operating loss narrowed from ¥87.170 million in the same quarter of the previous year to ¥9.293 million. The discussion of the current quarter does not specifically mention the fixed-cost burden of newly opened facilities. - FY2017WorsenedAnnual report
「Operating profit and loss was an operating loss of ¥250.892 million, partly due to the fixed-cost burden of the elderly care facility newly opened in March 2016 (a loss of ¥112.471 million in the same period of the previous year).」
Due to the fixed-cost burden of newly opened facilities and other factors, the care-related business's annual operating loss widened from ¥112.471 million in the previous year to ¥250.892 million. - FY2017-Q3WorsenedAnnual report
「In terms of profit and loss, partly due to the fixed-cost burden of the facility newly opened in March 2016, the company posted an operating loss of ¥236.975 million (an operating loss of ¥89.193 million in the same quarter of the previous year).」
Due to the fixed-cost burden of newly opened facilities and other factors, the care-related business's operating loss widened from ¥89.193 million in the same quarter of the previous year to ¥236.975 million. - FY2017-Q2WorsenedAnnual report
「In terms of earnings, fixed costs associated with facilities newly opened in March 2016, among other factors, resulted in an operating loss of ¥175.179 million, compared with an operating loss of ¥87.148 million in the same quarter of the previous year.」
Due to the fixed-cost burden of newly opened facilities and other factors, the care-related business's operating loss widened from ¥87.148 million in the same quarter of the previous year to ¥175.179 million. - FY2017-Q1First statedAnnual report
「In terms of earnings, fixed costs associated with facilities newly opened in March 2016, among other factors, resulted in an operating loss of ¥87.170 million, compared with an operating loss of ¥51.566 million in the same quarter of the previous year.」
The disclosure states that fixed costs associated with facilities opened in March 2016 affected the operating loss in the nursing-care-related business.