Dependence on BG RCI for operations in Germany and the EU
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 9 of 46 companies on the "Worse" side.
54 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「At present, the Group provides treatment mainly to people covered by public workers' compensation insurance, with BG RCI as its business partner. It plans to expand its operations in Germany, initially centered on hospitals affiliated with BG RCI, and then throughout the EU.」
The company continues to disclose the structure whereby its German operations and future expansion into the EU depend on BG RCI and its affiliated hospitals. - FY2018RestatedAnnual report
「At present, the Group provides treatment mainly to people covered by public workers' compensation insurance, with BG RCI as its business partner. It plans to expand its operations in Germany, initially centered on hospitals affiliated with BG RCI, and then throughout the EU.」
The company continues to disclose the structure whereby its German operations and future expansion into the EU depend on BG RCI and its affiliated hospitals. - FY2017First statedAnnual report
「The Group provides treatment mainly to people covered by public workers' compensation insurance, with BG RCI as its business partner. It plans to expand its operations in Germany, initially centered on hospitals affiliated with BG RCI, and then throughout the EU. However, if a change in BG RCI's policy or another event forces a change to the plan to expand into hospitals affiliated with BG RCI, this could affect not only operations in Germany but also future business expansion in the EU.」
The company has separately disclosed the risk that its treatment services in Germany and future expansion into the EU depend on BG RCI's policies and expansion into its affiliated hospitals.