Revenue Recognition and Losses in the Caregiving Services Business
First written in FY2020-Q2. 9 of 20 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2027-H1.
0 other companies' latest entry also says "Other".
- FY2027-H1Nursing care services: lower revenue and narrower lossAnnual report
「Revenue from the nursing care services business during the current interim consolidated accounting period was ¥126 million, down 18.0% year on year. The segment loss was ¥31 million, compared with a segment loss of ¥38 million in the same period of the previous year.」
The nursing care services business reported lower revenue due in part to the impact of the change in the fiscal year-end on the comparison period, while the segment loss narrowed from ¥38 million to ¥31 million. - FY2026Substantial revenue growth and larger loss in care servicesAnnual report
「Revenue from the care services business for the current consolidated fiscal year was ¥279,018 thousand, up 196.3% year on year, as the Company steadily expanded revenue through an expanded sales force and the restructuring of a cross-functional organizational structure. In addition, the integration of Person Care Co., Ltd. into the Group in the previous consolidated fiscal year strengthened the revenue base through post-integration synergies. The segment loss was ¥63,357 thousand, compared with a segment loss of ¥58,535 thousand in the previous consolidated fiscal year.」
Although revenue in the care services business increased substantially, the segment loss widened from ¥58,535 thousand to ¥63,357 thousand. - FY2026-H1Substantial revenue growth and larger loss in care servicesAnnual report
「Revenue from the care services business for the six months ended the current interim consolidated fiscal period was ¥154 million, up 573.9% year on year, as the Company steadily expanded revenue through an expanded sales force and the restructuring of a cross-functional organizational structure. In addition, the integration of Person Care Co., Ltd. into the Group in the previous consolidated fiscal year further strengthened the revenue base through post-integration synergies. However, the segment loss widened to ¥38 million, compared with a segment loss of ¥18 million in the same period of the previous year, due to higher personnel expenses associated with hiring staff in anticipation of future business expansion.」
Revenue increased sharply through expansion of the sales force, restructuring of a cross-functional organizational structure and synergies from integrating Person Care, while higher personnel expenses from hiring staff widened the loss. - FY2025-Q1Lower revenue and wider losses following the partial transfer of the rental businessAnnual report
「Revenue from the care services business for the three months ended the first quarter of the current consolidated fiscal year was ¥12 million, down 71.5% year on year, due to the partial transfer of the rental business primarily operated in the Kanto region in October 2023. The segment loss was ¥6 million, compared with a segment loss of ¥1 million in the same period of the previous year.」
Following the partial transfer of the rental business in October 2023, revenue from the care services business fell 71.5% year on year, while the loss widened from ¥1 million to ¥6 million. - FY2024Lower revenue and narrower losses following the business transferAnnual report
「Revenue from the care services business for the current consolidated fiscal year was ¥151,489 thousand, down 7.1% year on year, following the transfer of the rental business primarily operated in the Kanto region effective 1 December 2023. The segment loss was ¥12,618 thousand, compared with a segment loss of ¥16,978 thousand in the previous fiscal year.」
The care services business recorded lower revenue following the transfer of the rental business, but the segment loss narrowed from the previous fiscal year. - FY2024-Q3AdvancedAnnual report
「Revenue from the care services business for the nine months ended the third quarter of the current consolidated fiscal year was ¥124 million, up 0.8% year on year, as revenue from housing renovations under the long-term care insurance system remained solid. The segment loss was ¥8 million, compared with a segment loss of ¥12 million in the same quarter of the previous year.」
The care services business benefited from solid housing renovation revenue, resulting in higher revenue and a reduction in the segment loss from ¥12 million to ¥8 million. - FY2024-Q2Slight revenue growth and narrower lossesAnnual report
「Revenue from the care services business for the six months ended the second quarter of the current consolidated fiscal year was ¥85 million, up 2.8% year on year, as revenue from housing renovations under the long-term care insurance system and welfare equipment rentals remained solid. The segment loss was ¥5 million, compared with a segment loss of ¥8 million in the same period of the previous year.」
Revenue from housing renovations and welfare equipment rentals remained solid, resulting in higher revenue and a narrower segment loss. - FY2024-Q1Slight revenue growth and wider lossesAnnual report
「Revenue from the care services business for the three months ended the first quarter of the current consolidated fiscal year was ¥43 million, up 0.2% year on year. Although housing renovation revenue under the long-term care insurance system and the acquisition of new welfare equipment rental users remained solid, revenue was affected by cancellation prices for welfare equipment rentals exceeding prices for new contracts, among other factors. The segment loss was ¥1 million, compared with a segment loss of ¥0 million in the same period of the previous year.」
Housing renovation revenue and new-user acquisition remained solid, but cancellation prices exceeded prices for new contracts, resulting in slight revenue growth and the recognition of a loss. - FY2023-Q3Lower revenue and a swing to a loss in the care services businessAnnual report
「Revenue in the nursing-care services business for the first 9 months of the fiscal year was ¥123 million, compared with ¥144 million in the same quarter of the previous year. Although the acquisition of new users for welfare equipment rentals remained solid as the impact of COVID-19 subsided, revenue was affected by the average cancellation price exceeding the average acquisition cost for new users and other factors. The segment posted a loss of ¥12 million, compared with segment profit of ¥13 million in the same period of the previous year.」
Although the acquisition of new users remained solid, revenue declined because cancellation prices exceeded prices for new acquisitions, among other factors, resulting in a turnaround from a segment profit to a loss. - FY2023-Q2Lower revenue and a swing to a loss in the care services businessAnnual report
「Revenue from the care services business for the six months ended the second quarter of the current consolidated fiscal year was ¥83 million, compared with ¥100 million in the same quarter of the previous year. Although the spread of COVID-19 had begun to subside and the acquisition of new welfare equipment rental users remained solid, revenue was affected by cancellation prices exceeding prices for new acquisitions, among other factors. The segment loss was ¥8 million, compared with a segment profit of ¥10 million in the same quarter of the previous year.」
Although the acquisition of new users remained solid, revenue declined because cancellation prices exceeded prices for new acquisitions, among other factors, resulting in a turnaround from a segment profit to a loss of ¥8 million. - FY2023-Q1Lower revenue and deterioration in earnings in the care services businessAnnual report
「Revenue from the care services business for the three months ended the first quarter of the current consolidated fiscal year was ¥43 million, compared with ¥55 million in the same quarter of the previous year, as a result of the partial impact of COVID-19. The segment loss was ¥0 million, compared with a segment profit of ¥8 million in the same quarter of the previous year.」
The care services business recorded lower revenue due to the impact of COVID-19, turning from a segment profit in the same period of the previous year to a segment loss. - FY2022AdvancedAnnual report
「Revenue from the care services business for the current consolidated fiscal year was ¥187,148 thousand, down 66.2% year on year, due to the transfer of the day services business in January 2021 and the impact of COVID-19 on the welfare equipment rental business. However, continued efficiency improvements, including fixed-cost reductions, resulted in a segment profit of ¥16,167 thousand, compared with a segment loss of ¥14,655 thousand in the previous fiscal year.」
Following the transfer of the day services business, the care services business recorded a substantial decline in revenue, but fixed-cost reductions and other measures resulted in a full-year turnaround from a segment loss to a profit of ¥16.167 million. - FY2022-Q3AdvancedAnnual report
「Revenue from the care services business for the nine months ended the third quarter of the current consolidated fiscal year was ¥144 million, down 68.2% year on year, reflecting the partial impact of the state of emergency declared amid the spread of COVID-19 and the sale and transfer of the day services business effective 1 January 2021. However, the effect of fixed-cost reductions resulted in a segment profit of ¥13 million, compared with a segment loss of ¥13 million in the same period of the previous year.」
The care services business recorded lower revenue following the transfer of the day services business, but the effect of fixed-cost reductions resulted in a turnaround from a segment loss to a profit of ¥13 million. - FY2022-Q2AdvancedAnnual report
「Revenue from the care services business for the six months ended the second quarter of the current consolidated fiscal year was ¥100 million, down 69.9% year on year, reflecting the partial impact of the state of emergency declared amid the spread of COVID-19 and the sale and transfer of the day services business effective 1 January 2021. The segment posted a profit of ¥10 million, compared with a segment loss of ¥7 million in the same period of the previous year.」
Following the sale and transfer of the day services business, revenue from the care services business was ¥100 million, down 69.9% year on year, while the segment posted a profit of ¥10 million, turning profitable from a loss in the same period of the previous year. - FY2022-Q1AdvancedAnnual report
「Revenue from the care services business for the three months ended the first quarter of the current consolidated fiscal year was ¥55 million, down 70.2% year on year, reflecting the partial impact of COVID-19 and the sale and transfer of the day services business effective 1 January 2021. The segment posted a profit of ¥8 million, compared with a segment loss of ¥0 million in the same period of the previous year.」
Following the transfer of the day services business, revenue from the care services business was ¥55.5 million, down 70.2% year on year, while the segment posted a profit of ¥8 million. - FY2021-Q2AdvancedAnnual report
「Revenue from the care services business for the six months ended the second quarter of the current consolidated fiscal year was ¥332 million, down 15.0% year on year, as users of care services, including day services, declined due to requests to refrain from going out amid the spread of COVID-19. Although the Company pursued efficiency improvements, including fixed-cost reductions, the decline in revenue resulted in a segment loss of ¥7 million, compared with a segment loss of ¥45 million in the same period of the previous year.」
Revenue in the care services business was ¥332 million, down 15.0% year on year due to a decline in users. The segment loss narrowed to ¥7 million through fixed-cost reductions and other measures. - FY2021-Q1AdvancedAnnual report
「Revenue from the care services business for the three months ended the first quarter of the current consolidated fiscal year was ¥186 million, down 7.2% year on year, reflecting lower utilization at the day services business due to COVID-19. The segment loss was ¥0 million, compared with a segment loss of ¥18 million in the same period of the previous year.」
Although COVID-19 reduced utilization at the day services business and lowered revenue, the segment loss narrowed from ¥18 million in the same period of the previous year to ¥0 million. - FY2020AdvancedAnnual report
「Revenue from the care services business for the current consolidated fiscal year was ¥622,439 thousand, and the segment loss was ¥102,197 thousand.」
The full-year results for the care services business were updated to revenue of ¥622 million and a segment loss of ¥102 million. - FY2020-Q3AdvancedAnnual report
「Revenue from the care services business for the nine months ended the third quarter of the current consolidated fiscal year was ¥574 million, and the segment loss was ¥73 million.」
The nine-month results for the care services business were updated to revenue of ¥574 million and a segment loss of ¥73 million. - FY2020-Q2First statedAnnual report
「Revenue from the care services business for the six months ended the second quarter of the current consolidated fiscal year was ¥391 million, and the segment loss was ¥45 million.」
The Company disclosed the initial cumulative results for the care services segment, which includes welfare equipment rentals, day services and custom-made wheelchairs, among other activities.