2175
SMS CO.,LTD
株式会社エス・エム・エス
Services
SMS Co., Ltd. provides information infrastructure for the nursing care, medical care, career, healthcare, and elderly care field business areas in Japan and internationally. It operates an online community site for professionals or families engaged in nursing care; a certification course information portal; and a housing information portal for seniors, as well as a home-delivered meal search site. The company also develops medical, health and productivity management support, and global HCP supply platform. In addition, it provides recruiting agent services, as well as recruiting ads services for professionals and operators in nursing and medical care fields. Further, the company offers medical-related services. SMS Co., Ltd. was incorporated in 2003 and is based in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥64.7B
¥61.0B
¥54.0B
¥45.7B
¥38.9B
Cost of Sales
¥7.6B
¥7.1B
¥6.4B
¥5.6B
¥4.5B
Gross Profit
¥57.1B
¥53.9B
¥47.5B
¥40.1B
¥34.4B
SG&A
¥50.3B
¥47.5B
¥39.3B
¥32.8B
¥28.1B
Operating Income
¥6.8B
¥6.3B
¥8.3B
¥7.3B
¥6.3B
Non-Operating Income
¥2.3B
¥2.1B
¥1.8B
¥1.6B
¥1.6B
Interest Income
—
¥57M
¥38M
¥17M
¥12M
Non-Operating Expenses
—
¥127M
¥146M
¥135M
¥160M
Interest Expense
—
¥101M
¥66M
¥69M
¥79M
Ordinary Income
¥8.7B
¥8.4B
¥9.9B
¥8.8B
¥7.7B
Pre-tax Income
¥-14.4B
¥8.2B
¥9.7B
¥8.8B
¥7.7B
Income Taxes
¥-115M
¥2.2B
¥2.5B
¥2.4B
¥2.3B
Current Tax
—
¥2.3B
¥2.7B
¥2.6B
¥2.4B
Deferred Tax
—
¥-150M
¥-172M
¥-186M
¥-145M
Net Income (owners)
¥-14.3B
¥6.1B
¥7.2B
¥6.4B
¥5.4B
Minority Interest
—
¥0M
—
—
—
Comprehensive Income
—
¥8.7B
¥8.8B
¥9.2B
¥8.0B
EBITDA
¥10.4B
¥10.1B
¥11.7B
¥10.2B
¥8.8B
Goodwill Amort. (J-GAAP)
—
¥1.0B
¥1.0B
¥919M
¥833M
EPS
¥-173.66
¥70.96
¥82.97
¥73.51
¥62.07
Shares Outstanding
—
85.0M
86.7M
87.2M
87.1M
Shares Issued (total)
—
87.6M
87.6M
87.2M
87.1M
Treasury Shares
—
2.6M
0.8M
0.0M
0.0M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥52.8B
¥76.5B
¥72.5B
¥65.1B
¥56.6B
Current Assets
¥38.4B
¥38.7B
¥37.8B
¥32.6B
¥27.8B
Cash & Deposits
¥13.7B
¥16.2B
¥18.2B
¥17.0B
¥14.6B
Trade Receivables
—
¥8.9B
¥8.2B
¥6.5B
¥5.8B
Non-Current Assets
¥14.4B
¥37.9B
¥34.7B
¥32.5B
¥28.8B
PP&E
¥1.1B
¥1.2B
¥1.1B
¥886M
¥876M
Goodwill
—
¥9.7B
¥9.8B
¥10.0B
¥8.9B
Intangible Assets
—
¥30.8B
¥28.2B
¥26.6B
¥22.9B
Investment Securities
¥2.9B
¥2.9B
¥2.7B
¥2.6B
¥2.8B
Deferred Tax Assets
—
¥1.4B
¥1.3B
¥1.1B
¥975M
Total Liabilities
¥26.1B
¥29.2B
¥28.2B
¥26.7B
¥26.6B
Current Liabilities
¥24.6B
¥24.0B
¥21.3B
¥18.0B
¥16.2B
ST Debt
¥5.9B
¥5.4B
¥1.9B
¥1.9B
¥2.0B
Taxes Payable
—
¥1.3B
¥1.3B
¥1.3B
¥1.7B
Non-Current Liabilities
¥1.5B
¥5.2B
¥6.9B
¥8.7B
¥10.4B
Total LT Borrowings
¥1.1B
¥2.4B
¥4.3B
¥6.2B
¥8.1B
Pension Obligations
—
¥236M
¥203M
¥178M
¥173M
Deferred Tax Liab.
—
¥2.5B
¥2.3B
¥2.2B
¥2.0B
Total Equity
¥26.7B
¥47.3B
¥44.3B
¥38.4B
¥30.0B
Capital Stock
—
¥2.6B
¥2.6B
¥2.3B
¥2.3B
Capital Surplus
—
¥262M
¥313M
¥119M
¥114M
Retained Earnings
¥26.7B
¥43.4B
¥39.1B
¥33.2B
¥27.7B
Treasury Stock
—
¥-5.7B
¥-1.9B
¥-1M
¥-1M
AOCI
—
¥6.6B
¥3.9B
¥2.3B
¥-484M
Equity (owners)
¥19.8B
¥40.5B
¥40.1B
¥35.6B
¥30.1B
Total Interest-Bearing Debt ⓘ
¥7.0B
¥7.8B
¥6.2B
¥8.1B
¥10.1B
Net Cash ⓘ
¥6.8B
¥8.4B
¥12.1B
¥8.9B
¥4.6B
NCAV ⓘ
¥12.4B
¥9.4B
¥9.6B
¥5.9B
¥1.2B
NCAV/Share
—
¥111
¥110
¥67
¥14
BV/Share
—
¥477
¥462
¥409
¥346
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥8.8B
¥5.8B
¥9.8B
¥8.5B
¥9.8B
Interest Paid
—
¥-102M
¥-68M
¥-70M
¥-80M
Interest Received
—
¥57M
¥39M
¥22M
¥15M
D&A
¥3.6B
¥2.8B
¥2.4B
¥2.0B
¥1.6B
Goodwill Amort.
—
¥1.0B
¥1.0B
¥919M
¥833M
Investing CF
¥-4.1B
¥-4.1B
¥-3.7B
¥-3.8B
¥-2.1B
CapEx
¥145M
¥425M
¥446M
¥286M
¥212M
Proceeds from Invest.
—
—
—
¥0M
—
Financing CF
¥-7.3B
¥-4.1B
¥-5.0B
¥-3.0B
¥-4.0B
Dividends Paid
—
¥-1.7B
¥-1.3B
¥-915M
¥-849M
Share Buybacks
—
¥-3.9B
¥-2.0B
—
—
LT Debt Repaid
—
¥-1.9B
¥-1.9B
¥-2.0B
¥-3.1B
Free Cash Flow
¥8.7B
¥5.4B
¥9.3B
¥8.2B
¥9.6B
Net Change in Cash
—
¥-2.1B
¥1.2B
¥2.0B
¥4.0B
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-38.7%
13.3%
17.6%
19.0%
20.8%
ROA
-22.1%
8.1%
10.5%
10.5%
9.6%
EPS
¥-173.66
¥70.96
¥82.97
¥73.51
¥62.07
DPS
¥0.00
¥28.50
¥20.00
¥15.00
¥10.50
BPS
¥322.79
¥554.24
¥507.23
¥435.29
¥340.10
FCF/Share
—
¥63
¥108
¥94
¥110
NCAV/Share
—
¥111
¥110
¥67
¥14
Payout Ratio
—
40.2%
24.1%
20.4%
16.9%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 31
Date Activist Stake Event Flag Demands Source
2026-05-13
MORO, LLC
18.82%
change
Passive
—
2026-05-13
Oasis Management Company Ltd.
18.3%
+0.72%
change
✓ Activist
—
2026-04-20
Lazard Asset Management LLC
3.71%
-1.31%
change
Passive
—
2026-04-06
Nomura Securities Co.,Ltd.
3.79%
-1.5%
change
Passive
—
2026-03-05
Nomura Securities Co.,Ltd.
5.29%
+0.6%
initial_5pct
Passive
—
2026-02-19
Nomura Securities Co.,Ltd.
4.69%
-0.7%
change
Passive
—
2026-02-10
Oasis Management Company Ltd.
17.58%
+6.12%
change
✓ Activist
—
2026-02-02
Oasis Management Company Ltd.
11.46%
+3.7%
change
✓ Activist
—
2026-01-21
Oasis Management Company Ltd.
7.76%
initial_5pct
✓ Activist
—
2026-01-09
Nomura Securities Co.,Ltd.
5.39%
+0.06%
initial_5pct
Passive
—
2025-11-20
Wasatch Advisors, LP
4.01%
-1.07%
change
Passive
—
2025-11-10
MORO, LLC
18.82%
correction
Passive
—
2025-11-10
MORO, LLC
18.82%
change
Passive
—
2025-10-21
Nomura Asset Management Co., Ltd.
4.24%
-1.12%
change
Passive
—
2025-10-21
Wasatch Advisors, LP
5.08%
-1.12%
change
Passive
—
2025-03-12
MORO, LLC
18.82%
correction
Passive
—
2025-03-12
MORO, LLC
18.82%
correction
Passive
—
2025-03-10
MORO, LLC
18.82%
change
Passive
—
2025-02-19
Nomura Asset Management Co., Ltd.
5.36%
-0.82%
change
Passive
—
2025-02-14
MORO, LLC
18.82%
change
Passive
—
2025-01-09
Sumitomo Mitsui Trust Bank,Limited
4.55%
change
Passive
—
2024-12-16
MORO, LLC
18.82%
change
Passive
—
2024-11-27
MORO, LLC
18.82%
change
Passive
—
2024-11-07
Lazard Asset Management LLC
5.02%
initial_5pct
Passive
—
2024-03-06
Nomura Asset Management Co., Ltd.
6.18%
change
Passive
—
2024-01-23
Wasatch Advisors, LP
5.03%
correction
Passive
—
2024-01-23
Wasatch Advisors, LP
6.2%
+1.17%
correction
Passive
—
2024-01-22
Wasatch Advisors, Inc.
6.2%
+1.17%
change
Passive
—
2023-12-20
Nomura Securities Co.,Ltd.
5.33%
-1.26%
change
Passive
—
2023-10-18
Wasatch Advisors, Inc.
5.03%
initial_5pct
Passive
—
2023-06-20
Nomura Securities Co.,Ltd.
6.59%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-15
15:30
Div Increase
¥2.4B ¥29.5/sh
+4%
SMS (Sumisho Medical Systems) announced a dividend increase of ¥29.5 per share for FY2026 (ended March 31, 2026), up fro…
Summary
SMS (Sumisho Medical Systems) announced a dividend increase of ¥29.5 per share for FY2026 (ended March 31, 2026), up from ¥28.5 in the prior year, representing a 3.5% increase. The total dividend amount is ¥2,421 million, payable from retained earnings with an effective date of June 22, 2026. The company follows a progressive dividend policy targeting a 30% consolidated payout ratio while prioritizing growth investments.
Deadline: 2026-06-22
YoY: +4%
Source (JP)
2026年3月期の1株当たり期末配当につきましては、29.5円といたしたく存じます。配当金の総額2,421百万円。直近の配当予想(2026年1月30日公表)29.5円。前期実績(2025年3月期)28.5円。
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
МОRО
МОRО合同会社
15,373,618
18.09%
2
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
10,788,300
12.69%
3
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部)
6,256,884
7.36%
4
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
5,306,500
6.24%
5
AS ONE CORPORATION
アズワン株式会社
2,404,000
2.82%
6
STATE STREET BANK AND TRUST COMPANY
STATE STREET BANK AND TRUST COMPANY 505103 (常任代理人 株式会社みずほ銀行決済営業部)
2,144,921
2.52%
7
MISAKI ENGAGEMENT MASTER FUND (常任代理人 香港上海銀行東京支店)
2,095,400
2.46%
8
BNY Mellon (Nominee)
BNYM AS AGT/CLTS 10 PERCENT (常任代理人 株式会社三菱UFJ銀行)
2,065,780
2.43%
9
BNYM AS AGT/CLTS NON TREATY JASDEC
BNYM AS AGT/CLTS NON TREATY JASDEC (常任代理人 株式会社三菱UFJ銀行)
1,761,779
2.07%
10
BBHC FOR SEI INSTITUTIONAL INVESTMENTS TRUST - WORLD EQUITY EX-US FUND / LAZARD IQG
BBHC FOR SEI INSTITUTIONAL INVESTMENTS TRUST - WORLD EQUITY EX-US FUND / LAZARD IQG (常任代理人 株式会社三菱UFJ銀行)
1,463,100
1.72%
Domestic Nominees
18.9%
-2.5% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
14.4%
+3.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
25.1%
+0.8% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
МОRО
МОRО合同会社
17.67%
17.72%
18.09%
+0.37%
Japan Master Trust Bank
日本マスタートラスト信託銀行
15.64%
13.13%
12.69%
-0.44%
State Street
4.50%
6.14%
9.88%
+3.74%
Japan Custody Bank
日本カストディ銀行
7.40%
8.33%
6.24%
-2.09%
BNY Mellon
2.82%
3.88%
4.50%
+0.62%
AS ONE CORPORATION
アズワン
2.75%
2.77%
2.82%
+0.05%
MISAKI ENGAGEMENT MASTER FUND
NEW ENTRY
—
—
—
2.46%
NEW
BBHC FOR SEI INSTITUTIONAL INVESTMENTS TRUST - WORLD EQUITY EX-US FUND / LAZARD IQG
—
1.33%
1.72%
+0.39%
CEPLUX THREADNEEDLE (LUX)
last seen 2024
Exited Top 10
1.33%
2.52%
—
Northern Trust
last seen 2024
Exited Top 10
—
1.36%
—
第一生命保険
last seen 2023
Exited Top 10
2.71%
—
—
REAPRA PTE.LTD.
last seen 2023
Exited Top 10
1.26%
—
—
Concentration (HHI)
ⓘ
658
626
662
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved