Regulatory Risk for Internet Services in the Welfare Sector
First written in FY2021. 6 of 9 entries say "Restated". Latest entry: FY2026.
Litalico moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2024: 2 of 10 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Accordingly, the Group carefully considers and develops its services after examining whether they conflict with standards that customers are required to comply with, including the Standards for Personnel, Equipment and Operations of Designated Welfare Services Based on the Act on Comprehensive Support for Persons with Disabilities under the Act on Comprehensive Support for Persons with Disabilities, the Standards for Personnel, Equipment and Operations of Designated Outpatient Support Services under the Child Welfare Act, and the Standards for Personnel, Equipment and Operations of Designated In-Home Services under the Long-Term Care Insurance Act, among others, without limitation.」
The regulatory risk relating to the platform services was reviewed, including compliance with specific customer standards under the disability welfare, child welfare and long-term care insurance frameworks. - FY2024RestatedAnnual report
「Regulation of services provided via the internet in the welfare sector and other service regulations」
The framework covering service regulations for fee-based employment placement, insurance agency services and other services, in addition to internet services in the welfare sector, continues. - FY2024-Q3RestatedAnnual report
「During the nine-month period of the fiscal year under review, there were no events that could materially affect investors' decisions, nor were there any material changes to the risks associated with the business described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of regulation of internet services in the welfare sector. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the consolidated fiscal year, there were no material changes in matters that could materially affect investors' decisions or in the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of regulation of internet services in the welfare sector. - FY2023-Q1RestatedAnnual report
「During the first quarter, there were no significant changes to the major risks recognized as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and financial condition described in this quarterly report, or to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of regulation of internet services in the welfare sector. - FY2022ReframedAnnual report
「Regulation of services provided via the internet in the welfare sector and other service regulations」
In addition to regulation of internet services in the welfare sector, regulations governing other services, such as fee-based employment placement and insurance agency services, are described within the same regulatory risk framework. - FY2022-Q2RestatedAnnual report
「There were no significant changes during the second quarter of the current consolidated cumulative period.」
The risk of regulation of internet services in the welfare sector continues. - FY2022-Q1RestatedAnnual report
「The Group's LITALICO Platform business provides internet platform services for businesses in the welfare sector, including internet services for operators of disability welfare facilities, child welfare facilities and long-term care facilities. Accordingly, unexpected factors, such as the introduction of new statutory or regulatory requirements for services provided via the internet to welfare facility operators, could affect the segment performance of the LITALICO Platform business.」
The risk of regulation of internet services in the welfare sector continues to be disclosed. - FY2021First statedAnnual report
「However, the enactment, amendment or repeal of these laws, or changes in the content of notifications issued by the Ministry of Health, Labour and Welfare, could affect the Company's performance and the future expansion of its platform services.」
The issue is whether customer services based on the Act on Comprehensive Support for Persons with Disabilities and the Child Welfare Act comply with the Company's own services.