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Meiho Holdings (7369) · RiskWorsened

Increased Burden from Rising Labor and Social Insurance Contribution Rates

First written in FY2022. 3 of 7 entries say "Worsened", first in FY2026-H1. Latest entry: FY2026.

7entries
5years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022 – FY2023WorsenedFY2025-H1 – FY20262022: 120222023: 120232024: 020242025: 220252026: 32026
Same theme, other companies
Higher employer labor costs due to changes in the social insurance system and contribution ratesA theme 72 companies write about · 72 as a headwind · 0 as a tailwind

Meiho Holdings moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).

The whole theme swung hardest in 2025: 8 of 15 companies on the "Worse" side.

10 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 72 companies compared. The sentences above are computed from all 72.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「In the nursing care business, results were affected by higher depreciation expenses for the residential fee-based home for older people “アルトのお家 旦島,” increased personnel expenses following the expansion of social insurance coverage from October 2024, and higher food, fuel and utility costs.」

    The continued increase in personnel expenses associated with the expanded application of social insurance also emerged in full-year results as a factor weighing on profit in the nursing care business.
  2. 2026-08-13WorsenedEarnings

    「The increase in personnel expenses following the expansion of social insurance coverage from October 2024 and the rise in food, fuel and utility costs had an impact.」

    Higher personnel expenses following the expansion of social insurance coverage continued, and segment profit in the nursing care business declined 24.5% year on year.
  3. FY2026-H1WorsenedAnnual report

    「Meanwhile, segment profit was ¥44.413 million, down 30.3% year on year, due to higher depreciation expenses associated with the residential fee-based nursing home Alto no Ouchi Danjima, as well as higher personnel and recruitment expenses following the expansion of social insurance coverage from October 2024.」

    Personnel and recruitment expenses continued to rise following the expansion of social insurance coverage, and segment profit in the nursing care business fell 30.3% year on year. Depreciation expenses for the new facility also reduced profit.
  4. FY2025MaterialisedAnnual report

    「Meanwhile, segment profit was ¥98.861 million, down 22.3% year on year, due to costs associated with the residential fee-based nursing home Alto no Ouchi Danjima, higher personnel expenses following the expansion of social insurance coverage from October 2024, and soaring food, fuel and utility costs.」

    Higher personnel expenses resulting from the expansion of social insurance coverage actually occurred and reduced segment profit in the nursing care business.
  5. FY2025-H1MaterialisedAnnual report

    「Segment profit was ¥63.739 million, down 1.4% year on year, due to costs associated with the residential fee-based nursing home Alto no Ouchi Danjima, higher personnel expenses following the expansion of social insurance coverage from October 2024, and the impact of soaring food, fuel and utility costs.」

    Higher personnel expenses resulting from the expansion of social insurance coverage from October 2024, rather than higher social insurance contribution rates, actually occurred and reduced segment profit in the nursing care business.
  6. FY2023RestatedAnnual report

    「If labor and social insurance contribution rates rise and our group's share of insurance contributions increases, this could have a material impact on our group's operating results and financial position.」

    The risk of a higher burden due to rising labor and social insurance contribution rates continued to be disclosed.
  7. FY2022First statedAnnual report

    「If labor and social insurance contribution rates rise and our group's share of insurance contributions increases, this could have a material impact on our group's operating results and financial position.」

    The risk of higher labor and social insurance contribution rates applicable to dispatched workers was newly disclosed.
Moved together

"Increase in Nursing Care Operating Costs Due to Higher Fuel and Food Costs, with the Impact Mitigated by Subsidies" moved the same way as this thread, in the same document, in 5 of its 7 moves.

544332★123456
  1. ★This thread
  2. 1Increase in Nursing Care Operating Costs Due to Higher Fuel and Food Costs, with the Impact Mitigated by Subsidies5×
  3. 2Seasonal Fluctuations in the Construction-Related Services Business4×
  4. 3Increase in Borrowings and Decline in Equity Ratio Accompanying M&A Expansion4×
  5. 4Impairment of fixed assets3×
  6. 5Increase in Acquisition-Related Goodwill and Uncertainty in Impairment Assessment3×
  7. 6Construction work restrictions related to the Osaka-Kansai Expo and temporary pressure on earnings2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Meiho Holdings yet. It last moved in the Earnings of 2026-08-13: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Increased Burden from Rising Labor and Social Insurance Contribution Rates | Meiho Holdings,Inc. (7369) | Komori