Medical Net , Inc.

3645 株式会社メディカルネット

Internet Content & Information · Growth

PRICE: ¥234 · MKT CAP: ¥2.0B · P/E: — · P/B: 1.19x · DIV YIELD: 1.3%

PRICE — 5Y

Characteristics & Business Summary

Medical Net Co., Ltd. engages in management and operation of portal website. It operates through six segments: Media Platform Business, Medical Institution Management Support Business, Medical BtoB Business, Cloud Integration Business, Anti-disease and...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	3,331	3,746	4,501	5,252	6,078
Operating Profit	331	450	380	298	99
Ordinary Profit	336	454	432	323	135
Net Profit	130	385	116	6	-68
EPS	¥30	¥44	¥13	¥1	¥-8
DPS	¥4	¥4	¥2	¥3	¥3

Balance Sheet & Valuation Highlights

Total Assets ¥4B

Net Assets (Equity) ¥2B

Equity Ratio 42.0%

ROE (Return on Equity) -4.1%

Cash & Equivalents ¥1B

Interest-Bearing Debt ¥1B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 平川大 10.2%
2. 平川裕司 9.0%
3. 早川竜介 6.8%
4. 内藤征吾 3.7%
5. 水元公仁 3.2%
6. Writeup Co.,Ltd. 1.2%
7. 穂谷野智 1.1%
8. 平川佳子 1.1%
9. 平川優佳 1.0%
10. 平川裕貴 1.0%

Activist Activity

Hirakawa Dai 8.23%

2025-11-11 · correction

Hirakawa Dai 8.23%

2025-10-31 · change

SBI SECURITIES Co.,Ltd. 4.19%

2024-12-19 · change

SBI SECURITIES Co.,Ltd. 6.11%

2024-10-21 · initial_5pct

SBI SECURITIES Co.,Ltd. 4.43%

2024-05-21 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥773	¥425	¥498	¥581	¥696
FCF/Share	¥88	¥39	¥45	¥10	¥-24
EPS	¥30	¥44	¥13	¥1	¥-8
DPS	¥4	¥4	¥2	¥3	¥3
Capital Spending per share	¥3	¥0	¥2	¥4	¥15
Book Value per share	¥288	¥192	¥209	¥207	¥192
Common Shares Outstanding	4M	9M	9M	9M	9M

Financial Aggregates & Margins

Financial Aggregate	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥3B	¥4B	¥5B	¥5B	¥6B
Operating Margin (%)	9.9%	12.0%	8.4%	5.7%	1.6%
Net Profit (owners)	¥0B	¥0B	¥0B	¥0B	¥-0B
Net Profit Margin (%)	3.9%	10.3%	2.6%	0.1%	-1.1%
Working Capital	¥1B	¥1B	¥1B	¥1B	¥1B
Total Debt (Interest-bearing)	¥0B	¥1B	¥1B	¥1B	¥1B
Net Worth (Common Equity)	¥1B	¥2B	¥2B	¥2B	¥2B
Return on Total Assets (ROA)	6.2%	12.2%	3.4%	0.1%	-1.7%
Return on Common Equity (ROE)	10.5%	22.7%	6.1%	0.3%	-4.1%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.