Care Service Co., Ltd.
2425・Standard Market・Services
Home Care Services Business
Core business centered on long-term care insurance services, primarily day care and visiting bathing services
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue | ¥6,366 million | No prior-period comparison due to transition to non-consolidated accounting | ↓ |
| Segment profit (operating income basis) | ¥188 million | No prior-period comparison due to transition to non-consolidated accounting | ↓ |
| Segment assets | ¥1,364 million | No prior-period comparison due to transition to non-consolidated accounting | — |
| Depreciation and amortization | ¥78 million | No prior-period comparison due to transition to non-consolidated accounting | — |
| Increase in tangible and intangible fixed assets | ¥34 million | No prior-period comparison due to transition to non-consolidated accounting | — |
Business Details
Provides long-term care insurance services including day care (adult day services), visiting bathing services, home-visit care, home-visit nursing, care management support, small-scale multifunctional home care, and rental/sale of welfare equipment. Transitioned to non-consolidated accounting in FY2026 (ending March 2026). A slowdown in day care user growth coincided with a decline in vehicle utilization for visiting bathing services caused by staff shortages, leading to declines in both case volume and revenue. The company also proceeded with consolidation of business locations, closing 6 locations and consolidating/relocating 2 locations during the period.
Recent Overview
Consolidation of business locations combined with staff shortages led to declines in both revenue and profit
In FY2026 (ending March 2026), a slowdown in day care user growth coincided with a decline in vehicle utilization for visiting bathing services caused by employee staff shortages, resulting in declines in both case volume and revenue. The company closed a total of 6 business locations (1 day care, 3 visiting bathing, 1 home-visit care, 1 welfare equipment rental/sales) and consolidated 2 care management support offices into 1. Segment revenue was ¥6,366 million and segment profit was ¥188 million. The segment profit margin before allocation of company-wide costs remained low at approximately 3.0%.
Key Products
Growth Drivers
- Continued expansion of home care demand driven by the progression of an aging population (demand growth anticipated toward the 2040 issue)
- Efficiency improvements in the revenue structure through optimization and consolidation of business location scale
- Business expansion through investment in areas adjacent to existing home care services
- Strategic investment in personnel, technology, and systems under the medium-term management plan (through FY2031, ending March 2031)
- Improved operational efficiency and productivity through the use of ICT
Risks
- Risk of declining vehicle utilization and business location closures due to difficulty recruiting and retaining care personnel (6 locations closed, 2 consolidated/relocated during the period)
- Profit pressure from rising food material and consumable costs as well as increasing labor and recruitment costs
- Stagnant top-line growth due to sluggish growth in day care user numbers
- Risk of fluctuations in long-term care insurance fees due to revisions to the Long-Term Care Insurance Act occurring every three years
- A revenue structure in which segment profit is significantly compressed after allocation of company-wide costs (segment profit of ¥188 million against company-wide cost allocation of ¥700 million)
Last updated: June 24, 2026