Decrease in demand resulting from revisions to the Long-Term Care Insurance System and long-term care fees
First written in FY2016. 4 of 9 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-08-07.
Platz moved to the "Worse" side of this theme in 2018.
0 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「The long-term care insurance system is expected to become stricter in the future.」
The company indicated that the long-term care insurance system is expected to become stricter, continuing its references to regulatory risk. - FY2025RestatedAnnual report
「Tightening and streamlining of certification for requiring long-term care accompanying revisions to the long-term care insurance system. Further declines in welfare equipment rental prices.」
The filing continues to describe tighter and more streamlined certification for requiring long-term care and declining welfare equipment rental prices accompanying revisions to the long-term care insurance system as pressures in the operating environment. - FY2019WorsenedAnnual report
「Tightening and streamlining of certification for requiring long-term care accompanying revisions to the long-term care insurance system. Further declines in welfare equipment rental prices.」
The company indicated that tighter and more streamlined certification for requiring long-term care, together with further declines in welfare equipment rental prices, formed part of the operating environment. - FY2018WorsenedAnnual report
「Tightening and streamlining of certification for requiring long-term care accompanying revisions to the long-term care insurance system. Further declines in welfare equipment rental prices.」
Unlike the reduction in system-reform risk and recovery in demand indicated in the previous fiscal year, the filing describes tighter and more streamlined certification for requiring long-term care and continued declines in rental prices as pressures in the operating environment. - FY2017RestatedAnnual report
「Regarding the long-term care insurance system reforms scheduled for fiscal 2018, a Cabinet decision on 22 December 2016 determined that only a cap on welfare equipment rental prices would be introduced and that making users bear the full cost out of pocket would be deferred. In response, the slump in demand in the welfare equipment distribution market eased, and signs of a recovery emerged from the beginning of the new year.」
The full-year report also confirms the reduction in risk indicated through the previous quarter, namely the deferral of full out-of-pocket payments and the easing of the demand slump. - FY2017-Q3MitigatedAnnual report
「Regarding the long-term care insurance system reforms scheduled for fiscal 2018, a Cabinet decision on 22 December 2016 determined that only a cap on welfare equipment rental prices would be introduced and that making users bear the full cost out of pocket would be deferred (Source: Ministry of Finance website, FY2017 Draft Government Budget). In response, the slump in demand in the welfare equipment distribution market, comprising rental wholesalers and welfare equipment rental providers, eased, and signs of a recovery emerged from the beginning of the new year.」
The risk of demand declining due to system reforms decreased because the introduction of full out-of-pocket payments was deferred and the slump in demand in the welfare equipment distribution market eased, with signs of a recovery emerging. - FY2017-Q2SoftenedAnnual report
「Regarding these system reforms, a Cabinet decision on 22 December 2016 determined that only a cap on welfare equipment rental prices would be introduced and that making users bear the full cost out of pocket would be deferred. Against this backdrop, as in the previous fiscal year, demand for electric beds for medical and long-term care in the welfare equipment distribution market, comprising rental wholesalers and welfare equipment rental providers, remained sluggish. Sales in this market during the cumulative second quarter under review decreased 23.4% year on year to ¥1,382 million.」
Making users bear the full cost of welfare equipment for light-care users was deferred, narrowing the assumed scope of the system-reform risk. Meanwhile, sales in the market decreased 23.4% year on year, and demand remains sluggish. - FY2017-Q1WorsenedAnnual report
「Against this backdrop, as in the previous fiscal year, demand for electric beds for medical and long-term care in the welfare equipment distribution market, comprising rental wholesalers and welfare equipment rental providers, remained sluggish. Sales in this market during the cumulative first quarter under review decreased 23.7% year on year to ¥679 million.」
Demand remained sluggish against the backdrop of the direction of system reforms, with sales in the welfare equipment distribution market down 23.7% year on year in the quarter. - FY2016MaterialisedAnnual report
「Against this backdrop, demand for electric beds for long-term care in the welfare equipment distribution market, comprising rental wholesalers and welfare equipment rental providers, remained sluggish from November 2015 onward. As a result, sales in this market during the fiscal year under review decreased 9.3% year on year to ¥3,376 million.」
The filing describes the actual decline in sales against the backdrop of moves toward charging light-care users out of pocket for welfare equipment rentals and reductions in long-term care fees.