MEDICAL SYSTEM NETWORK Co., Ltd. (4350) Stock Price

Medical System Network operates four business segments: community pharmacy network operations, rental and facility-related operations, food service operations, and other operations.

In community pharmacy network operations, the company manages the operations of community pharmacies and publishes specialized books for pharmacists and analyzes pharmaceutical-related data. The company also provides pharmaceutical distribution network services, system-related services, and debt securitization support services to improve the efficiency of pharmaceutical distribution.

In rental and facility-related operations, the company develops pharmacy locations, manages building rentals and maintenance, and provides physician startup consulting and healthcare facility development and operations. Additionally, the company operates senior housing, provides design and construction supervision for medical facilities, and handles insurance operations.

The food service operations segment handles meal provision services contracted by hospitals and welfare facilities, aiming to improve the quality of in-facility food services.

In other operations, the company supports at-home care for elderly individuals and patients with chronic conditions through home nursing services. Nurses visit patients to provide nursing care and offer consultation on treatment and daily living, with the goal of improving quality of life.

Medical System Network aims to create community-based healthcare infrastructure, operating primarily through regional pharmacies and pharmaceutical distribution networks. As a "light in the community," the company contributes to building environments where people can live safely and securely in their familiar surroundings.

The company's medium to long-term growth strategy is based on the "Sixth Medium-Term Management Plan" covering the four-year period from 2022. This plan promotes expansion of the regional pharmacy and pharmaceutical network platform, improvement of healthcare service quality, and rationalization of the distribution market. However, due to changing business conditions, plan achievement has become difficult, and the company is targeting the release of a long-term vision in autumn 2025.

The company is strengthening home healthcare services in its regional pharmacy division and expanding pharmacist responsibilities. In the pharmaceutical network division, it is reinforcing sales operations and expanding services. Additionally, the digital shift division aims to expand adoption of "Connected Pharmacies," with plans to achieve divisional targets by 2026.

In rental and facilities-related operations, the company is working to improve occupancy rates for senior housing. In food services and visiting nursing operations, it is stabilizing financial performance. On the financial front, the company is strengthening its financial position through rigorous cost control and improving its equity ratio.