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Medical Net,Inc.

Medical Net,Inc.

TTSE:3645
236.00
JPY
-1.00
(-0.42%)
2.45BMarket Cap
Jan 08Next Earn
Medical Net,Inc.
TSE:3645
(Tokyo Stock Exchange)

Recent

price

236.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
138.85
108.81
112.68
117.75
116.83
137.61
137.47
161.58
207.57
340.33
344.05
428.05
502.28
581.7
681.03
732.61
- -
Revenue per Share
20.43
7.17
6.13
6.14
4.29
17.27
7.65
8.18
9.49
9.25
15.36
43.44
12.97
0.66
-7.64
14.96
- -
Basic EPS, GAAP
9.13
8.41
12.87
7.06
5.57
28.2
6.74
9.67
-0.1
8.11
44.87
38.9
45.59
9.61
-23.8
9.74
- -
Free Cash Flow per Basic Share
- -
2.89
0.97
0.48
0.5
0.51
1.51
0.99
1
1.26
0.73
3.91
3.93
2.49
3.01
2.91
- -
Dividend per Share
109.46
104.58
105.03
110.67
114.54
132.61
138.79
143.51
151.83
123.32
144.23
193.19
211.94
210.85
196.5
215.61
215.61
Book Value per Share
104.45
94
89.86
96.5
101.83
126.18
133.17
137.56
135.75
102.58
120.53
139.56
178.11
159.96
147.48
170.43
170.43
Tangible Book Value per Share
9
10
10
11
11
11
11
11
11
9
8
9
9
9
9
9
9
Basic Weighted Avg Shares
1,195
1,055
1,163
1,269
1,259
1,482
1,481
1,741
2,236
2,918
2,905
3,746
4,501
5,252
6,078
6,732
- -
Sales/Revenue/Turnover
26.68
13.19
10.1
10.55
8.07
11.88
8.32
8.78
7.87
3.65
11.4
11.88
8.44
5.68
1.63
2.85
- -
Operating Margin (%)
20
24
29
25
21
19
13
15
20
21
25
35
62
54
77
78
- -
Depreciation Expense
176
70
63
66
46
186
82
88
102
79
130
380
116
6
-68
137
- -
Net Income, GAAP
41.95
47.28
48.04
52.82
54.31
22.23
35.48
40.19
32.46
19.68
45.81
25.83
56.59
82.76
249.38
37.06
- -
Effective Tax Rate (%)
14.72
6.59
5.44
5.22
3.67
12.55
5.56
5.06
4.57
2.72
4.46
10.15
2.58
0.11
-1.12
2.04
- -
Profit Margin (%)
930
908
935
1,006
1,057
1,312
1,327
1,308
1,260
528
783
778
1,022
1,213
1,027
1,412
1,412
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
68
48
124
111
83
387
336
268
268
LT Debt
1,027
1,074
1,152
1,210
1,252
1,451
1,515
1,553
1,642
1,006
1,260
1,733
1,929
1,932
1,769
2,066
2,066
Total Equity
23.25
6.71
5.37
5.15
3.67
9.92
5.25
5.84
7.15
5.38
11.27
15.18
6.09
1.76
-4.86
3.65
- -
Return on Invested Capital (%)
24.83
6.62
5.65
5.84
3.71
13.47
5.68
6.62
6.24
4.88
8.02
17.63
4.78
-0.47
-3.88
3.74
- -
Return on Capital (%)
24.91
6.62
5.74
5.69
3.81
13.97
5.64
5.8
6.43
6.03
11.58
25.8
6.42
0.31
-3.76
7.41
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Nov'25
Nov'26
May'26
ST Debt
784
1,019
1,155
LT Borrowings
355
302
268
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
2,906
2,783
2,450

Working Capital

JPY

•

in mil. unless spec.
Nov'25
Nov'26
May'26
Total Current Assets
3,110
3,442
3,601
Cash, Cash Equivalents & STI
1,444
1,944
1,956
Accounts Receivable, Net
1,013
971
1,053
Inventories
238
267
364
Total Current Liabilities
2,058
2,196
2,189
Payables & Accruals
- -
- -
- -
ST Debt
784
1,019
1,155
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.65%
11.46%
16.78%
Free Cash Flow
-704.58%
-111.16%
-142.16%
Net Income, GAAP
-150.82%
-303.31%
-301.77%
Sales/Revenue/Turnover
16.82%
18.46%
10.76%
Total Cash Common Dividend
55.98%
88.34%
-0.36%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,100
1,242
1,314
1,596
5,252
2025
- -
- -
- -
- -
6,078
2026
- -
- -
- -
- -
6,732

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.41
10.39
-7.67
-4.47
0.66
2025
- -
- -
- -
- -
-7.64
2026
- -
- -
- -
- -
14.96

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.49
2025
- -
- -
- -
- -
3.01
2026
- -
- -
- -
- -
2.91
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Business
Medical Net, Inc. (TSE:3645) operates as a healthcare-focused media and services platform company, primarily providing digital information portals, clinic management support, and related business-to-business solutions in the dental and preventive health sectors; its core offerings span media platforms for dental treatments including implant, orthodontic, aesthetic dentistry, and comprehensive clinic search sites such as Orthodontics Net, Implant Net, and Cosmetic Dentistry Net, alongside beauty, health, lifestyle, child support, and parenting portals covering LASIK, cosmetic surgery rankings, hair loss treatments, detox supplements, and beauty school evaluations; dental clinic management support encompassing search engine optimization, listing advertisements, website development and maintenance, patient acquisition strategies, clinic setup assistance with property selection, design, equipment procurement, treatment guarantees, and proprietary pharmaceuticals; medical B2B services via the Dentwave.com portal delivering news, marketing, research, and online conventions for dental manufacturers and professionals; cloud integration through POS system development, installation, and maintenance for retail, manufacturing, healthcare, and dental applications; and preventive health platforms featuring laboratory testing for early disease detection via subsidiary MiRTeL Co., Ltd., redefining dental clinics as comprehensive oral care and prevention hubs. The company maintains operations across Japan with headquarters in Shibuya-ku, Tokyo, regional offices in Osaka and Fukuoka, and international expansion in Thailand encompassing dental clinic operations, trading of equipment and pharmaceuticals through subsidiary NU-DENT Co., Ltd., and IT services; targeting patients seeking non-insured high-end treatments, dental professionals, clinics, manufacturers, retailers, hospitals, and health-conscious consumers prioritizing quality and preventive care. Founded in June 2001, Medical Net, Inc. (formerly Medical Net Communications, Inc., renamed in December 2016) lists on the Tokyo Stock Exchange Growth Section with 289 consolidated employees and paid-in capital of 286 million yen. Recent developments include the full acquisition and consolidation of A Vision Co., Ltd. as a second-tier subsidiary in the fiscal year ending May 2024 (initially announced March 2024 with 49% direct stake by Medical Net and 51% by NU-DENT, enhancing Thailand cloud integration for dental IT and DX initiatives); launch of the Preventive Health Platform Business in 2024 leveraging MiRTeL for advanced testing services; full-scale rollout of cross-border dental clinic establishment support connecting Japan and Thailand; and a strategic partnership with Asahi Kasei Homes (announced circa 2025) integrating housing proposals, medical office architecture, and practice succession support for dental professionals; alongside a completed equity buyback in early 2025 acquiring 3.46% of shares for nearly 100 million yen.