Nippon Care Supply Co.,Ltd.JP:2393Stock Price

Market cap
¥38.5B
P/E ratio
16.7x
Japan Care Supply provides welfare equipment rental and sales to home care providers across Japan under the long-term care insurance system, backed by Mitsubishi Corporation and SECOM.

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Business Overview

Japan Care Supply aims to build a foundation for home care services under Japan's long-term care insurance system by providing welfare equipment services. The company operates rental and sales distribution of welfare equipment, ensuring stable supply to designated home care service providers.

In its welfare equipment services, the company rents long-term care insurance-covered equipment to providers nationwide. After use, the equipment undergoes cleaning, disinfection, inspection, and repair under quality control standards, then is provided to other users. This creates a sustainable rental cycle.

Japan Care Supply also operates senior living support services. Its subsidiary LifeTime Media provides visiting nursing care, rehabilitation, and adult day care services, while the parent company supplies meal services to care business operators.

Additionally, Japan Care Supply and Care Business Support System provide cloud-based services to welfare equipment rental operators, helping them improve operational efficiency.

Japan Care Supply's shares are held by Mitsubishi Corporation (39.3%) and SECOM Co., Ltd. (31.2%), both of which dispatch executives to the company. This arrangement strengthens management stability and credibility.

Management Policy

Japan Care Supply operates primarily in the welfare equipment services sector, aiming to grow as a company supporting elderly people's daily lives. The company upholds the principles of "Quality First" and "Integrity First," providing support to seniors and their families through the rental and sale of welfare equipment.

The company's medium to long-term management strategy focuses on expanding elderly care support services in addition to welfare equipment rental and sales. Through this approach, the company aims to achieve sustainable growth, enhance corporate value, and contribute to solving social challenges.

Under its long-term vision "Care Supply Vision 2040" toward 2025, the company has adopted "Contributing to a Society of Healthy Longevity" as its corporate mission. It aims to become a company that works with stakeholders to provide better living standards for all, realizing a society where everyone can enjoy healthy and prosperous lives.

Japan Care Supply is pursuing strengthened welfare equipment services and expanded elderly care support service transactions. In particular, the company is improving profitability through enhanced meal service capacity and expansion of its "Omu Pita" service.

On the human resources front, the company is strengthening human capital investment to address talent acquisition competition amid declining birth rates and an aging population. It is promoting recruitment and retention, developing talent through training, and advancing women's participation in the workforce to improve operational efficiency.

As key performance indicators, the company prioritizes ROA, ROE, and EBITDA, aiming to improve profitability. Through these measures, the company seeks to achieve sustained enhancement of corporate value and realize stable growth.