- Business
- Charm Care Corporation (TSE:6062) provides nursing care services for the elderly under Japan's Long-Term Care Insurance Law; it develops, manages, and operates fee-based nursing homes, residential fee-based nursing homes utilizing external services such as visiting nursing, and service-oriented senior citizen residences; it also offers temporary staffing and recruitment services specialized in the nursing care sector, home-visit nursing, real estate development, and artificial intelligence engine development. The company operates primarily in the Tokyo metropolitan area and Kinki region through its Long-Term Care Business and Other Businesses segments, with approximately 4,191 rooms across its facilities and 2,025 employees. Founded in 1984 and headquartered at Daibiru Main Building, 21/F, 3-6-32 Nakanoshima, Kita-Ku, Osaka 530-0005, Japan, it changed its name from Fuji Clinic Laboratory in December 2007 and listed on the Tokyo Stock Exchange in April 2012. Recent developments include the agreement to acquire CM Care Co., Ltd. from Nre Service, K.K., announced on June 28, 2024, with expected completion on October 1, 2024; organizational changes and personnel transfers effective July 1, 2025, such as new executive officer appointments for the Kinki Metropolitan Area Long-Term Care Business Department and Education and Training Department; and facility expansions like the opening of a hospice facility by Good Partners in November 2024 and planned openings post-fiscal year ending June 2027 including Charm Suite Kyoto Matsugasaki, Charm Suite Higashi-Totsuka, Charm Suite Chidoricho, and ATTENITY Chofu Shibasaki. The company targets mid- to high-priced assisted-living services for seniors aged 80 and above, emphasizing individualized care, operational expertise with 20% site-level profit margins, and headquarters expenses below 10%.