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Medical System Network (4350) · InitiativeAdvanced

Acquisition of a home-visit nursing company

First written in FY2017-Q1. 17 of 21 entries say "Advanced", first in FY2017. Latest entry: FY2026.

21entries
11years
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017 – FY2023-Q2WorsenedFY2023-Q3 – FY2024-Q2AdvancedFY2025-H1 – FY20262016: 120162017: 120172018: 020182019: 220192020: 320202021: 420212022: 420222023: 320232024: 120242025: 120252026: 12026
Same theme, other companies

The whole theme swung hardest in 2023: 1 of 8 companies on the "Worse" side.

4 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Through more efficient sales activities, revenue was ¥336 million, down 1.8% year on year, and the operating loss was ¥22 million, compared with an operating loss of ¥29 million in the same period of the previous year.」

    Revenue from the home-visit nursing business declined, while more efficient sales activities narrowed the operating loss from ¥29 million to ¥22 million.
  2. FY2025AdvancedAnnual report

    「We operate a home-visit nursing business, and revenue was ¥342 million, up 9.0% year on year, while the operating loss was ¥29 million, compared with an operating loss of ¥43 million in the same period of the previous year, due partly to an increase in the number of visits.」

    Revenue increased as the number of visits rose, while the operating loss narrowed from ¥43 million to ¥29 million. However, the business remains loss-making.
  3. FY2025-H1AdvancedAnnual report

    「We operate a home-visit nursing business, and revenue was ¥174 million, up 12.2% year on year, while the operating loss was ¥12 million, compared with an operating loss of ¥20 million in the same period of the previous year, due partly to an increase in the number of visits.」

    Revenue increased as the number of visits rose, while the operating loss narrowed from ¥20 million in the same period of the previous year to ¥12 million. However, the business remains loss-making.
  4. FY2024-Q2WorsenedAnnual report

    「In this business, we operate a home-visit nursing business. Although the number of visits increased, revenue was ¥155 million, up 2.8% year on year, and the operating loss was ¥20 million, compared with an operating loss of ¥10 million in the same period of the previous year, due partly to costs associated with increasing personnel being incurred ahead of the resulting benefits.」

    Revenue increased as the number of visits rose, while costs associated with increasing personnel were incurred ahead of the resulting benefits, causing the operating loss to widen from ¥10 million in the same period of the previous year to ¥20 million.
  5. FY2024-Q1WorsenedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥78 million, up 1.6% year on year, and an operating loss of ¥8 million, compared with an operating loss of ¥2 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased, while the operating loss widened from ¥2 million in the same period of the previous year to ¥8 million.
  6. FY2023-Q3WorsenedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥228 million, down 1.5% year on year, and an operating loss of ¥14 million, compared with an operating loss of ¥10 million in the same period of the previous year.」

    Revenue from the home-visit nursing business declined year on year, while the operating loss widened from ¥10 million to ¥14 million.
  7. FY2023-Q2AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥151 million, down 1.1% year on year, and an operating loss of ¥10 million, compared with an operating loss of ¥12 million in the same period of the previous year.」

    Revenue from the home-visit nursing business declined year on year, while the operating loss narrowed from ¥12 million to ¥10 million.
  8. FY2023-Q1AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥77 million, up 3.2% year on year, and an operating loss of ¥2 million, compared with an operating loss of ¥7 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 3.2% year on year, while the operating loss narrowed from ¥7 million to ¥2 million.
  9. FY2022AdvancedAnnual report

    「We operate a home-visit nursing business and recorded revenue of ¥305 million, up 33.0% year on year, and an operating loss of ¥12 million, compared with an operating loss of ¥31 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 33.0% year on year, while the operating loss narrowed from ¥31 million to ¥12 million. However, the full-year loss continues.
  10. FY2022-Q3AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥232 million, up 35.4% year on year, and an operating loss of ¥10 million, compared with an operating loss of ¥17 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 35.4% year on year, while the operating loss narrowed from ¥17 million to ¥10 million.
  11. FY2022-Q2AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥152 million, up 38.7% year on year, and an operating loss of ¥12 million, compared with an operating loss of ¥13 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 38.7% year on year, while the operating loss narrowed from ¥13 million to ¥12 million.
  12. FY2022-Q1AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥74 million, up 46.4% year on year, and an operating loss of ¥7 million, compared with an operating loss of ¥11 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 46.4% year on year, while the operating loss narrowed from ¥11 million to ¥7 million.
  13. FY2021AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥229 million, up 38.6% year on year, and an operating loss of ¥31 million, compared with an operating loss of ¥71 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 38.6% year on year, while the operating loss narrowed from ¥71 million to ¥31 million, although the business remains in the red.
  14. FY2021-Q3AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥171 million, up 40.5% year on year, and an operating loss of ¥17 million, compared with an operating loss of ¥56 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 40.5% year on year, while the operating loss narrowed from ¥56 million to ¥17 million. However, the business remains loss-making.
  15. FY2021-Q2AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥110 million, up 37.7% year on year, and an operating loss of ¥13 million, compared with an operating loss of ¥39 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 37.7% year on year, while the operating loss narrowed from ¥39 million to ¥13 million.
  16. FY2021-Q1AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥51 million, up 33.8% year on year, and an operating loss of ¥11 million, compared with an operating loss of ¥21 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 33.8% year on year, while the operating loss narrowed from ¥21 million to ¥11 million. However, the business remains loss-making.
  17. FY2020-Q3AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥122 million, up 17.6% year on year, and an operating loss of ¥56 million, compared with an operating loss of ¥82 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 17.6% year on year, while the operating loss narrowed from ¥82 million to ¥56 million. However, the business remains loss-making.
  18. FY2020-Q2AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥79 million, up 17.3% year on year, and an operating loss of ¥39 million, compared with an operating loss of ¥57 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 17.3% year on year, while the operating loss narrowed from ¥57 million to ¥39 million. However, the business remains loss-making.
  19. FY2020-Q1AdvancedAnnual report

    「In this business, we operate a home-visit nursing business and recorded revenue of ¥38 million, up 13.6% year on year, and an operating loss of ¥21 million, compared with an operating loss of ¥29 million in the same period of the previous year.」

    Revenue from the home-visit nursing business increased 13.6% year on year, while the operating loss narrowed from ¥29 million to ¥21 million. However, the business remains loss-making.
  20. FY2017AdvancedAnnual report

    「For the home-visit nursing business, we will promote initiatives to coordinate home-based care with pharmacists and registered dietitians, seek to provide high-quality medical services, and aim to achieve profitability at an early stage.」

    The business has advanced to the stage of operating a home-visit nursing business, with coordination of home-based care with pharmacists and registered dietitians and early profitability identified as challenges and objectives.
  21. FY2017-Q1First statedAnnual report

    「Pharma Holdings Co., Ltd., a consolidated subsidiary, acquired all shares of Himawari Nursing Station Co., Ltd. effective 31 May 2016.」

    A company engaged in the home-visit nursing business became a consolidated subsidiary through the acquisition of all its shares.
Moved together

"Expansion of the Pharmaceutical Network" moved the same way as this thread, in the same document, in 17 of its 21 moves.

171614131313★123456
  1. ★This thread
  2. 1Expansion of the Pharmaceutical Network17×
  3. 2Expansion of the pharmaceutical network membership base16×
  4. 3Promoting Generic Drug Use and Initiatives for Home Healthcare14×
  5. 4Absorbing the Impact of Drug Price and Dispensing Fee Revisions and Returning to a Growth Trajectory13×
  6. 5Risk of Reliance on Interest-Bearing Debt and Failure to Improve Financial Strength13×
  7. 6Expansion of the dispensing pharmacy store network13×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Medical System Network's next results are scheduled for 2026-11-10. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Acquisition of a home-visit nursing company | MEDICAL SYSTEM NETWORK Co.,Ltd. (4350) | Komori