TOKYO, July 9 (Xinhua) — A survey confirmed 27 p.c of nursing houses and associated service amenities in Japan could go bankrupt or shut down operations in a number of years if costs and utility prices proceed to surge, native media reported on Saturday.
The on-line survey carried out by nursing care teams in March coated round 1,200 nursing care houses and amenities throughout Japan. The survey discovered that over 90 p.c of amenities have been affected by rising costs and prices, in keeping with Kyodo News.
Among a number of solutions on how these amenities are coping with elevated prices on account of worth hikes, the most typical was saving electrical energy and items, adopted by withdrawing financial savings and decreasing or forgoing wage will increase and bonuses, the survey confirmed.
“Nursing care facilities are not able to pass on cost increases to consumers in the same way as other companies, and this has a significant impact on their business,” stated an official of Minkaikyo, an affiliation of nursing care suppliers.
There are additionally issues a few potential decline within the high quality of nursing care companies as some amenities have both diminished employees or postponed hiring on account of excessive costs, stated the report.