FB CARE SERVICE CO.,LTD. [9220.T]

TOKYO, May 15 (Pulse News Wire) – FB Care Service CO.,LTD. (9220.T) reported impairment losses totaling ¥140.1 million for its fiscal year ending March 31, 2026.

The company recognized impairment losses due to declining profitability at several care facilities during the fourth quarter of 2026. Specifically, the Group Home FBFukuyama incurred a loss of ¥73.3 million, while the small multifunctional facility Aikahome Shonodou recorded a loss of ¥58.1 million. Additionally, other property and equipment within the care segment saw a loss of ¥8.7 million. Recent inflationary pressures and rising labor costs have strained operations at these facilities.

Despite government support measures such as subsidies for employee wage increases and temporary adjustments to care service fees, these efforts fall short of addressing the broader economic challenges faced by care providers. As a result, some facilities are operating at a slight deficit, prompting the recognition of impairment losses. In a statement, CEO Yoshizawa Mihoko emphasized the company's commitment to maintaining and expanding essential care services despite the financial constraints. Moving forward, FB Care Service will prioritize sustainable operations across its facilities to ensure continued service provision.

The impairment losses are reflected in the company’s unaudited consolidated earnings announcement released today, dated May 15, 2026.

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