(E33412) Stock Price

Wellbe Corporation and its group companies primarily provide welfare services for people with disabilities and disabled children. The group operates employment transition support services for adults, therapeutic care services for children, and care services for seniors, collectively referred to as "Disability Welfare Services." The company previously operated a "Healthcare Business" selling 5-aminolevulinic acid products, but withdrew from this business in October 2022 to focus on disability welfare services.

The employment transition support business assists people with disabilities in pursuing general employment. As of March 31, 2023, the company provides services at 99 locations. This business offers vocational training to develop employment-related knowledge and skills, as well as job search support. The company also provides related services including employment retention support, specified consultation services, and self-reliance training programs.

The therapeutic care business provides child development support services for preschool children and after-school day services for elementary through high school students. As of March 31, 2023, the company operates 54 therapeutic care facilities. These services are designed to promote children's growth and development.

The care business operates residential care homes for seniors and dementia-responsive group living care facilities, with four locations in the Kyushu region. These facilities provide life support services including meals, laundry, and cleaning, as well as rehabilitation and care services.

Wellbe Corporation operates a diverse range of support services to enable people with disabilities and seniors to thrive in society and enjoy comfortable lives.

Welby Corporation operates primarily by providing welfare services for people with disabilities and children with disabilities. The company's growth strategy is centered on expanding its employment transition support services and therapeutic care services nationwide, leveraging the increasing number of people with disabilities and growing demand for disability welfare services. Additionally, the company aims to address increasingly sophisticated and complex needs in disability support through developing new services, improving operational efficiency, and strengthening its organizational foundation.

In December 2022, the company completed an M&A transaction with a company operating nursing care facilities primarily in Fukuoka Prefecture. By launching home-based nursing care services and medical welfare placement services, the company seeks to provide comprehensive care for cancer patients and patients with intractable diseases, thereby expanding its business.

Under its medium-term management plan (2023-2025), with the fiscal year ending March 2025 as the final year, the company targets consolidated net sales of 14.1 billion yen and consolidated operating profit of 2.3 billion yen. To achieve these targets, the company will conduct rolling plan reviews and pursue sustainable growth and enhanced corporate value. The company positions net sales and operating profit margin as key management indicators and is committed to improving profitability and operational efficiency.

Welby Corporation aims to contribute to society by providing diverse support services that enable people with disabilities, children with disabilities, and elderly individuals to thrive and lead comfortable lives in society.