Risk of financial and revenue instability due to medical accidents at alliance medical institutions
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2026.
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- FY2026RestatedAnnual report
「If a claim for damages or reputational damage arises from a medical accident, the financial condition of the relevant medical institution could deteriorate.」
The risks of deterioration in the operations of alliance medical institutions and lower service fees and other compensation revenue due to medical accidents, claims for damages and reputational damage continue. - FY2022RestatedAnnual report
「If a claim for damages or reputational damage arises from a medical accident, the financial condition of the relevant medical institution could deteriorate.」
The risk that medical accidents, claims for damages and reputational damage at alliance medical institutions could affect our service fees and other compensation revenue continues. - FY2020-Q2RestatedAnnual report
「If claims for damages or reputational damage arise from a medical accident, the resulting financial and operational risks may not be fully avoidable. In such cases, our group’s revenue from consulting fees and other sources received from the relevant medical institution could become unstable.」
The risk that medical accidents and other incidents at alliance medical institutions could affect their financial condition and our consulting fees and other revenue continues. - FY2020-Q1First statedAnnual report
「Alliance medical institutions take the utmost care to avoid risks associated with medical treatment. However, the increasing complexity of medical conditions and sophistication of treatment may result in medical accidents. If claims for damages or reputational damage arise from a medical accident, the resulting financial and operational risks may not be fully avoidable. In such cases, our group’s revenue from consulting fees and other sources received from the relevant medical institution could become unstable.」
For the first time, it was explicitly stated that medical accidents, claims for damages and reputational damage at alliance medical institutions could destabilize the institutions’ operations and our group’s consulting fees and other revenue.