FB CARE SERVICE CO.,LTD. outlined a policy of providing one-stop nursing care and welfare services originating in Nagano and announced a medium-term plan targeting revenue of ¥15 billion and adjusted operating profit of ¥1 billion.
FB CARE SERVICE CO.,LTD. originated in Nagano Prefecture and provides services including fee-based nursing homes and home-visit care at 117 locations across Niigata, Gunma, Tochigi, Saitama and Tokyo. Its strength is its one-stop service, and it places emphasis on a locally rooted sales base.
The medium-term management plan covers the fiscal years ending March 2025 through March 2029, and the company plans to pursue initiatives including M&A to achieve its revenue target. It expects revenue to increase by approximately ¥1 billion in fiscal 2029.
As part of its human resources strategy, the company is promoting the employment of foreign workers. Approximately 90 are currently employed across the group, recruited from 5 countries: the Philippines, Vietnam, Nepal, Myanmar and Sri Lanka. The company also aims to improve profitability by raising utilization rates under the constraints of nursing care reimbursement and providing higher-value-added services.
Regarding shareholder returns, the company explained that it places importance on maintaining an equity ratio of 50% while using a consolidated dividend payout ratio of 25% as a guideline. It also outlined plans to address structural challenges in the nursing care industry through cost reductions and a cautious approach to passing costs on through pricing.