7634
HOSHIIRYO-SANKI CO., LTD.
株式会社星医療酸器
Wholesale Trade
Hoshi Iryo-Sanki Co., Ltd. manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan. It operates through the five segments: Medical Gas Related Business; Home Medical Care Related Business; Medical Gas Equipment Construction Related Business; Nursing Care and Welfare Related Business; and Nursing Care Facility-Related Business. The Medical Gas Related Business segment sells medical oxygen gas, anesthetic gas, and other medical gases. The Home Medical Care Related Business segment rents and sells oxygen concentrators for home oxygen therapy, and continuous positive airway and sales. The Medical Gas Equipment Construction Related Business segment designs and constructs medical gas piping works, as well as maintains and inspects medical gas piping equipment. The Nursing Care and Welfare Related Business segment offers rental and sale of care and welfare-related products and equipment, home renovation, visiting nursing, and home care support services. The Nursing Care Facility-Related Business segment operates the paid nursing homes and day care facilities, and other related operations. The company was founded in 1960 and is headquartered in Tokyo, Japan.
Read more
← Companies
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
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
¥15.5B
¥15.1B
¥14.8B
¥13.8B
¥12.8B
Cost of Sales
¥7.8B
¥7.5B
¥7.6B
¥7.1B
¥6.6B
Gross Profit
¥7.7B
¥7.6B
¥7.2B
¥6.7B
¥6.2B
SG&A
¥5.8B
¥5.6B
¥5.2B
¥4.9B
¥4.6B
Operating Income
¥1.9B
¥2.0B
¥2.0B
¥1.8B
¥1.6B
Non-Operating Income
¥104M
¥80M
¥86M
¥54M
¥38M
Dividend Income
—
¥39M
¥26M
¥21M
¥17M
Interest Income
—
¥12M
¥8M
¥2M
¥2M
Non-Operating Expenses
—
¥9M
¥10M
¥14M
¥12M
Interest Expense
—
¥5M
¥5M
¥6M
¥8M
Ordinary Income
¥2.0B
¥2.1B
¥2.0B
¥1.8B
¥1.6B
Pre-tax Income
¥2.0B
¥2.1B
¥2.0B
¥1.8B
¥1.6B
Income Taxes
¥611M
¥587M
¥635M
¥527M
¥505M
Current Tax
—
¥607M
¥616M
¥545M
¥510M
Deferred Tax
—
¥-20M
¥19M
¥-18M
¥-5M
Net Income (owners)
¥1.4B
¥1.5B
¥1.4B
¥1.3B
¥1.1B
Minority Interest
—
¥13M
¥7M
¥11M
¥11M
Comprehensive Income
—
¥1.5B
¥2.0B
¥1.2B
¥1.1B
EBITDA
¥2.9B
¥2.8B
¥2.9B
¥2.7B
¥2.5B
Goodwill Amort. (J-GAAP)
—
¥4M
¥4M
—
—
EPS
¥439.59
¥469.18
¥450.70
¥402.98
¥358.33
Shares Outstanding
—
3.1M
3.1M
3.1M
3.1M
Shares Issued (total)
—
3.4M
3.4M
3.4M
3.4M
Treasury Shares
—
0.3M
0.3M
0.3M
0.3M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥26.7B
¥24.6B
¥23.0B
¥21.2B
¥20.3B
Current Assets
¥14.4B
¥13.8B
¥12.9B
¥12.1B
¥11.6B
Cash & Deposits
¥11.2B
¥10.6B
¥9.8B
¥9.0B
¥8.8B
Trade Receivables
—
¥2.9B
¥2.8B
¥2.7B
¥2.5B
Non-Current Assets
¥12.3B
¥10.8B
¥10.2B
¥9.2B
¥8.6B
PP&E
¥6.9B
¥6.7B
¥6.1B
¥6.3B
¥6.3B
Goodwill
—
—
¥4M
—
—
Intangible Assets
—
¥139M
¥186M
¥229M
¥93M
Investment Securities
¥4.2B
¥3.0B
¥2.8B
¥1.5B
¥983M
Deferred Tax Assets
—
¥2M
—
¥200M
¥205M
Total Liabilities
¥6.4B
¥5.9B
¥5.7B
¥5.7B
¥5.7B
Current Liabilities
¥4.5B
¥4.4B
¥4.4B
¥4.4B
¥4.2B
Accounts Payable
—
¥2.7B
¥2.7B
¥2.6B
¥2.5B
Taxes Payable
—
¥329M
¥364M
¥312M
¥295M
Non-Current Liabilities
¥1.9B
¥1.5B
¥1.2B
¥1.3B
¥1.5B
Deferred Tax Liab.
—
¥109M
¥78M
¥6M
¥36M
Total Equity
¥20.3B
¥18.7B
¥17.4B
¥15.6B
¥14.5B
Capital Stock
—
¥436M
¥436M
¥436M
¥436M
Capital Surplus
—
¥570M
¥564M
¥559M
¥554M
Retained Earnings
¥18.5B
¥17.3B
¥16.1B
¥14.9B
¥13.8B
Treasury Stock
—
¥-838M
¥-850M
¥-860M
¥-873M
AOCI
—
¥922M
¥853M
¥331M
¥345M
Equity (owners)
¥18.6B
¥17.5B
¥16.2B
¥15.0B
¥13.9B
Minority Interests
—
¥286M
¥275M
¥225M
¥216M
Net Cash ⓘ
¥11.2B
¥10.6B
¥9.8B
¥9.0B
¥8.8B
NCAV ⓘ
¥8.0B
¥7.9B
¥7.2B
¥6.4B
¥5.9B
NCAV/Share
—
¥2,532
¥2,312
¥2,058
¥1,888
BV/Share
—
¥5,605
¥5,208
¥4,825
¥4,484
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥2.5B
¥2.2B
¥2.4B
¥2.3B
¥2.0B
Interest Paid
—
¥-5M
¥-5M
¥-6M
¥-8M
Interest Received
—
¥51M
¥34M
¥23M
¥19M
D&A
¥953M
¥825M
¥899M
¥932M
¥890M
Goodwill Amort.
—
¥4M
¥4M
—
—
Investing CF
¥-1.5B
¥-5.3B
¥-745M
¥-1.1B
¥-690M
CapEx
¥312M
¥538M
¥249M
¥402M
¥571M
Purchase Investments
—
¥-46M
¥-536M
¥-531M
¥-27M
Financing CF
¥-948M
¥-740M
¥-903M
¥-958M
¥-937M
Dividends Paid
—
¥-218M
¥-202M
¥-187M
¥-154M
Share Buybacks
—
—
¥-0M
¥-0M
¥-0M
LT Debt Repaid
—
—
¥-0M
—
—
Free Cash Flow
¥2.2B
¥1.7B
¥2.1B
¥1.9B
¥1.4B
Net Change in Cash
—
¥-3.8B
¥748M
¥271M
¥348M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
7.0%
8.2%
8.7%
8.5%
8.0%
ROA
5.3%
6.1%
6.3%
6.0%
5.5%
EPS
¥439.59
¥469.18
¥450.70
¥402.98
¥358.33
DPS
¥45.00
¥70.00
¥70.00
¥60.00
¥55.00
BPS
¥6,401.95
¥5,900.59
¥5,481.61
¥4,931.68
¥4,594.54
FCF/Share
—
¥529
¥688
¥605
¥451
NCAV/Share
—
¥2,532
¥2,312
¥2,058
¥1,888
Payout Ratio
10.2%
14.9%
15.5%
14.9%
15.3%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 8
Date Activist Stake Event Flag Demands Source
2025-09-29
Hikari Tsushin K.K.
15.19%
+0.1%
change
Passive
—
2025-08-26
Hikari Tsushin K.K.
15.09%
+1.01%
change
Passive
—
2025-08-21
Hikari Tsushin K.K.
14.08%
correction
Passive
—
2025-03-06
Hikari Tsushin K.K.
14.08%
+2.03%
change
Passive
—
2025-01-21
Hikari Tsushin K.K.
12.05%
+1.01%
change
Passive
—
2024-10-22
Hikari Tsushin K.K.
11.04%
+1.03%
change
Passive
—
2024-02-07
FMR LLC
1.23%
change
Passive
—
2024-01-30
Hikari Tsushin K.K.
10.01%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 6
#
Shareholder
Shares (thou.)
% of Total
1
Business Partner Stock Ownership Plan
星医療酸器取引先持株会
560
17.90%
2
HIKARI TSUSHIN,INC.
光通信株式会社
247
7.90%
3
UH Partners 2
株式会社UH Partners 2
234
7.50%
4
一星社株式会社
200
6.40%
5
星 幸 男
154
4.90%
6
星 孝 子
110
3.50%
7
星 昌 成
100
3.20%
8
Employee Stock Ownership Plan
星医療酸器従業員持株会
71
2.30%
9
KOIKE SANSO KOGYO CO.,LTD.
小池酸素工業株式会社
59
1.90%
10
星 昌 浩
59
1.90%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
57.4%
+4.0% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Business Partner Stock Ownership Plan
星医療酸器取引先持株会
17.30%
17.60%
17.90%
+0.30%
HIKARI TSUSHIN,INC.
光通信
↑
3.30%
3.80%
7.90%
+4.10%
UH Partners 2
式会社UH Partners 2
—
7.50%
7.50%
一星社
6.40%
6.40%
6.40%
星 幸 男
5.20%
5.10%
4.90%
-0.20%
星 孝 子
3.50%
3.50%
3.50%
星 昌 成
3.20%
3.20%
3.20%
Employee Stock Ownership Plan
星医療酸器従業員持株会
2.30%
2.20%
2.30%
+0.10%
KOIKE SANSO KOGYO CO.,LTD.
小池酸素工業
1.90%
1.90%
1.90%
星 昌 浩
NEW ENTRY
—
—
—
1.90%
NEW
榎 本 誠
last seen 2024
Exited Top 10
2.00%
2.20%
—
Fidelity
last seen 2023
Exited Top 10
6.60%
—
—
Concentration (HHI)
ⓘ
457
483
539
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,717M
+96% since 2023
Holdings
6
Trend
4 building
vs 2023
Held Company
FY2025
¥1,717M total
FY2023
¥877M total
Book Val ¥M
Shares
Book Val ¥M
Shares
NIPPON SANSO HOLDINGS CORPORATION
日本酸素ホールディングス
1,085
+3.2%
↑
240,389
555
232,960
M
KOIKE SANSO KOGYO CO.,LTD.
小池酸素工業株式会社
327
+438.8%
↑
259,387
111
48,140
M
YAMATO CORPORATION
株式会社ヤマト
104
70,000
62
70,000
M
HAMAI INDUSTRIES LTD.
株式会社ハマイ
90
+4.7%
↑
82,988
78
79,270
M
AIR WATER INC.
エア・ウォーター株式会社
82
+23.1%
↑
43,412
58
35,258
株式会社みずほファイナンスグループ
29
7,200
14
7,200
M
Portfolio total
1,717
877
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding