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Medical System Network (4350) · FactAdvanced

Expansion of the dispensing pharmacy store network

First written in FY2016. 29 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-10.

35entries
11years
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ProgressHeldSoftenedWorseAdvancedFY2021-Q3 – 2026-11-102016: 320162017: 320172018: 420182019: 420192020: 320202021: 420212022: 420222023: 320232024: 120242025: 220252026: 42026
Same theme, other companies
Expansion of the dispensing pharmacy store network through M&A and store acquisitionsA theme 4 companies write about · 0 as a headwind · 6 as a tailwind

2 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

    「As of 31 March 2026, the store network comprised 472 community pharmacies, 1 care plan center and 7 drugstores.」

    The number of community pharmacies increased from 457 at the end of the previous fiscal year to 472. This fell short of the 550-store target under the Sixth Medium-Term Management Plan.
  2. FY2026-H1AdvancedAnnual report

    「As of 30 September 2025, the store network comprised 469 community pharmacies, 1 care plan center and 9 drugstores.」

    The number of community pharmacies increased from 457 at the end of the previous fiscal year to 469.
  3. FY2025AdvancedAnnual report

    「During the fiscal year, the Company opened 21 new community pharmacies, including 12 mall-format stores, and acquired 1 community pharmacy through M&A, while closing 15 stores and transferring businesses. As of 31 March 2025, the store count was 457 community pharmacies, 1 care plan center and 8 drugstores.」

    The number of community pharmacies reached 457, and the store network expanded through 21 new store openings, 1 store acquisition through M&A, and 15 closures or business transfers.
  4. FY2025-H1AdvancedAnnual report

    「As of 30 September 2024, the store network comprised 452 community pharmacies, 1 care plan center and 9 cosmetics and drugstores.」

    The number of community pharmacies increased from the end of the previous consolidated fiscal year to 452.
  5. FY2024-Q2AdvancedAnnual report

    「As of 30 September 2023, the store network comprised 434 community pharmacies, 1 care plan center and 10 cosmetics and drugstores.」

    The number of community pharmacies increased from 430 at the end of June 2023 to 434.
  6. FY2024-Q1AdvancedAnnual report

    「As of 30 June 2023, the store network comprised 430 community pharmacies, 1 care plan center and 9 cosmetics and drugstores.」

    The number of community pharmacies increased from 428 at the end of the previous fiscal year to 430. During the first quarter, 2 new stores were opened, including 1 mall-format store.
  7. FY2023-Q3AdvancedAnnual report

    「As of 31 December 2022, the store network comprised 429 community pharmacies, 1 care plan center and 9 cosmetics and drugstores.」

    The number of community pharmacies increased from 425 at the end of the previous fiscal year to 429. During the cumulative third-quarter period, 6 new stores were opened, including 5 mall-format stores.
  8. FY2023-Q2AdvancedAnnual report

    「During the cumulative consolidated period of the second quarter, the Company opened 4 new community pharmacies, including 3 mall-format stores. As of 30 September 2022, the store count was 427 community pharmacies, 1 care plan center and 9 cosmetics and drugstores.」

    The number of community pharmacies increased from 425 at the end of the previous fiscal year to 427. During the period, 4 new stores were opened, including 3 mall-format stores.
  9. FY2023-Q1AdvancedAnnual report

    「As of 30 June 2022, the store network comprised 426 community pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of community pharmacies increased from 425 at the end of the previous fiscal year to 426.
  10. FY2022AdvancedAnnual report

    「As of 31 March 2022, the store count was 425 community pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of community pharmacies increased from 416 at the end of the previous fiscal year to 425.
  11. FY2022-Q3AdvancedAnnual report

    「As of 31 December 2021, the store network comprised 424 dispensing pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of dispensing pharmacies increased from 419 at the end of the previous quarter to 424.
  12. FY2022-Q2AdvancedAnnual report

    「As of 30 September 2021, the store network comprised 419 dispensing pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of dispensing pharmacies increased from 416 at the end of the previous fiscal year to 419.
  13. FY2022-Q1AdvancedAnnual report

    「As of 30 June 2021, the store network comprised 417 dispensing pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of dispensing pharmacies increased from 416 at the end of the previous fiscal year to 417.
  14. FY2021AdvancedAnnual report

    「As of 31 March 2021, the store network comprised 416 dispensing pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of dispensing pharmacies increased from 413 at the end of the previous fiscal year to 416.
  15. FY2021-Q3AdvancedAnnual report

    「As of 31 December 2020, the store network comprised 413 dispensing pharmacies, 1 care plan center and 9 cosmetics and drugstores.」

    The number of dispensing pharmacies increased from 409 at the end of September 2020 to 413, while the number of cosmetics and drugstores increased from 8 to 9.
  16. FY2021-Q2Net decline in store countAnnual report

    「As of 30 September 2020, the store network comprised 409 dispensing pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of dispensing pharmacies decreased by 6 from 415 at the end of June 2020 to 409.
  17. FY2021-Q1Net decline in store countAnnual report

    「As of 30 June 2020, the store network comprised 415 dispensing pharmacies, 1 care plan center and 8 cosmetics and drugstores.」

    The number of dispensing pharmacies decreased by 6 from 421 at the end of June 2019 to 415. The drugstores are listed as 8 cosmetics and drugstores.
  18. FY2020-Q3AdvancedAnnual report

    「As of 31 December 2019, the store network comprised 421 dispensing pharmacies, 1 care plan center and 7 drugstores.」

    The number of dispensing pharmacies increased from 419 at the end of September 2019 to 421, an increase of 2 stores for the quarter.
  19. FY2020-Q2Net decline in store countAnnual report

    「As of 30 September 2019, the store network comprised 419 dispensing pharmacies, 1 care plan center and 7 drugstores.」

    The number of dispensing pharmacies decreased by 2 from 421 at the end of June 2019 to 419. Although stores acquired through M&A contributed to performance, the number of stores decreased on a net basis for the quarter.
  20. FY2020-Q1AdvancedAnnual report

    「As of 30 June 2019, the store network comprised 421 dispensing pharmacies, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies increased from 420 at the end of March 2019 to 421.
  21. FY2019AdvancedAnnual report

    「As of 31 March 2019, the store network comprised 420 dispensing pharmacies, 1 care plan center and 5 drugstores.」

    The number of dispensing pharmacies increased from 399 at the end of the previous fiscal year to 420. The store network is being reorganized through a combination of new store openings, M&A, business acquisitions, closures and business transfers.
  22. FY2019-Q3AdvancedAnnual report

    「As of 31 December 2018, the store network comprised 406 dispensing pharmacies, 1 care plan center and 7 drugstores.」

    The number of dispensing pharmacies increased from 405 at the end of September 2018 to 406. Following store openings and acquisitions as well as closures during the period, the store network increased by 1 store on a net basis.
  23. FY2019-Q2Net decline in store countAnnual report

    「As of 30 September 2018, the store network comprised 405 dispensing pharmacies, 1 care plan center and 7 drugstores.」

    The number of dispensing pharmacies decreased from 406 at the end of the previous quarter to 405. During the period, new stores were opened and businesses were acquired, while stores were also closed, resulting in a net decrease in the number of stores.
  24. FY2019-Q1AdvancedAnnual report

    「As of 30 June 2018, the store network comprised 406 dispensing pharmacies, 1 care plan center and 7 drugstores.」

    The number of dispensing pharmacies increased from 399 at the end of the previous fiscal year to 406.
  25. FY2018AdvancedAnnual report

    「As of 31 March 2018, the store network comprised 399 dispensing pharmacies, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies increased from 377 at the end of the previous fiscal year to 399. The store network is being reorganized through a combination of new store openings, M&A, closures and business transfers.
  26. FY2018-Q3AdvancedAnnual report

    「As of 31 December 2017, the store network comprised 385 dispensing pharmacies, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies increased from 384 at the end of the previous quarter to 385.
  27. FY2018-Q2AdvancedAnnual report

    「As of 30 September 2017, the store network comprised 384 dispensing pharmacies, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies increased from 377 at the end of the previous fiscal year to 384.
  28. FY2017RestatedAnnual report

    「As of 31 March 2017, the store network comprised 377 dispensing pharmacies, excluding 1 temporarily closed store, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies at the end of the period was 377, maintaining the level at the end of the previous quarter.
  29. FY2017-Q3AdvancedAnnual report

    「As of 31 December 2016, the store network comprised 377 dispensing pharmacies, excluding 1 temporarily closed store, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies increased from 374 at the end of the second quarter to 377.
  30. FY2017-Q2AdvancedAnnual report

    「As of 30 September 2016, the store network comprised 374 dispensing pharmacies, excluding 1 temporarily closed store, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies increased from 373 at the end of the first quarter to 374. During the period, 7 new stores were opened, 15 stores were acquired through share acquisitions, 2 stores were acquired as businesses, and 3 stores were closed or transferred.
  31. FY2017-Q1AdvancedAnnual report

    「As of 30 June 2016, the store network comprised 373 dispensing pharmacies, excluding 1 temporarily closed store, 1 care plan center and 8 drugstores.」

    The number of dispensing pharmacies increased from 353 at the end of the previous consolidated fiscal year to 373.
  32. FY2016First statedAnnual report

    「As of 31 March 2016, the store network comprised 353 dispensing pharmacies, excluding 1 temporarily closed store, 1 care plan center and 8 drugstores.」

    This fact indicates the scale of the business after new store openings, share acquisitions, business acquisitions, closures and the absorption merger of a Group company.
Moved together

"Expansion of the Pharmaceutical Network" moved the same way as this thread, in the same document, in 26 of its 35 moves.

262525211917★123456
  1. ★This thread
  2. 1Expansion of the Pharmaceutical Network26×
  3. 2Strengthening Store Development and Support for Physicians Opening Practices25×
  4. 3Expansion of the pharmaceutical network membership base25×
  5. 4Scale expansion through M&A in the dispensing pharmacy business21×
  6. 5Establishment of 株式会社フェルゼンファーマ19×
  7. 6Promoting Generic Drug Use and Initiatives for Home Healthcare17×

★ 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 It last moved in the Earnings presentation materials of 2026-11-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expansion of the dispensing pharmacy store network | MEDICAL SYSTEM NETWORK Co.,Ltd. (4350) | Komori