EM SYSTEMS CO.,LTD. (4820) Stock Price

Market cap
¥47.8B
P/E ratio
21.4x
EM Systems develops and sells computer management systems for pharmacies, medical clinics, and care facilities across Japan, plus operates pharmacy locations.

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Business Overview

EM Systems Co., Ltd. operates a pharmacy dispensing system business. The company develops and sells systems for pharmacies, and provides related supplies and maintenance services. Its primary product is a pharmacy management system—proprietary software installed on personal computers and delivered to customers.

The company also provides network systems, including a dispensing operations support system using ASP (Application Service Provider) technology. This system enables information sharing among group pharmacy locations, headquarters management oversight, and shared inventory information.

In the medical systems business, EM Systems develops and sells medical office administration computer systems for clinics. Its main product is an electronic medical records system installed on personal computers and delivered to customers. Sales are conducted through the company and its consolidated subsidiaries.

The care and welfare systems business provides systems for care and welfare service providers, along with medical-care coordination solutions. These systems are installed on personal computers and delivered to customers. Sales are conducted through the company and sales agents.

Other operations include Brick Pharmacy Co., Ltd., a consolidated subsidiary that operates pharmacy locations. Choki Co., Ltd. supports cashless payment adoption and business operations using statistical data for clinics and pharmacies. Unique Software Research Co., Ltd. operates a personnel dispatch business.

Management Policy

EM Systems (EM Systems Co., Ltd.) has formulated a new medium-term management plan with fiscal year 2027 as its final year and is advancing its growth strategy. The plan aims to improve profitability and capital efficiency, with particular focus on expanding market share and achieving profitability in the pharmacy, medical, and care/welfare sectors. Specifically, the company will strengthen the revenue base of each segment through expanding optional features and optimizing pricing in its pharmacy system business, developing cloud-based products in its medical system business, and expanding its service lineup in its care/welfare system business.

The company has established synergy creation through collaboration between medical and care services as its long-term vision. To realize this vision, the new medium-term management plan is positioned as a period of "building a strong foundation," with top priority given to improving profitability and capital efficiency. Additionally, by leveraging over 40 years of expertise in healthcare digital transformation, the company is actively considering regulatory responses, M&A, and alliances to build a sustainable business portfolio for continued growth. Through these efforts, EM Systems continues to strengthen its position as a company supporting healthcare and care operations through digital solutions.

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