Delays and Selectivity in Healthcare Investment Due to Soaring Land Prices for Care Facilities
First written in FY2019. 3 of 5 entries say "Mitigated", first in FY2021. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「In the investment development business, we made new investments in 11 group-home projects for people with disabilities.」
Following delays in healthcare investments, new investments progressed in the investment and development business, including elderly care facilities and group homes for people with disabilities. - FY2022MitigatedAnnual report
「Within the healthcare project, the Company planned to invest in 50 group homes for people with disabilities over 3 years, including through the formation of funds with banks and leasing companies. Development progressed through cooperation with regional financial institutions, 5 facilities were completed during the period, and in August 2021 the Company invested in a fund targeting group homes for people with disabilities.」
In response to delays in investments in group homes for people with disabilities, 5 facilities were completed during the year, and an investment in a fund targeting such facilities was also completed. - FY2022-Q3MitigatedAnnual report
「The main factors behind the increase were higher personnel costs and increased operating expenses for healthcare projects accompanying the growth in group homes for people with disabilities.」
Operating expenses for healthcare projects increased as the number of group homes for people with disabilities grew. This indicates progress in the execution and operation of healthcare investments. - FY2021MitigatedAnnual report
「In the healthcare project, in addition to investing in 2 facilities for the elderly, the Company newly began lending to group homes for people with disabilities.」
In response to the risk of delays in elderly care facility investments, the Company invested in 2 elderly care facilities and began lending to group homes for people with disabilities. - FY2019First statedAnnual report
「For the healthcare project, the Company planned to invest in elderly care facility projects, but was unable to form a project. In other projects, the Company was unable to invest because other companies made investment decisions first, so investment execution was deferred until the second year onward.」
The elderly care facility project did not reach the formation stage, and investment in other projects could not be executed because other companies invested first. The Company cited difficulties in bidding for construction sites due to soaring land prices as the background.