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Medical System Network Co 4350.T · JPY

Consumer Staples · Tokyo Stock Exchange · 🇯🇵 Japan

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527

-2.23%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥132.19bn

FY2017FY2026

Net income

¥1.07bn

FY2017FY2026

Free cash flow

−¥5.93bn

FY2017FY2026

Shareholders' equity

¥17.29bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥132.19bn¥122.39bn¥115.36bn¥109.55bn¥106.69bn¥104.26bn¥105.24bn¥98.23bn¥93.98bn¥88.86bn
Gross profit¥52.77bn¥49.60bn¥47.93bn¥45.92bn¥44.43bn¥42.41bn¥40.21bn¥37.27bn¥36.61bn¥34.16bn
Operating income¥3.31bn¥3.15bn¥3.83bn¥3.16bn¥4.03bn¥3.64bn¥260.0m¥1.43bn¥3.16bn¥2.11bn
Net income¥1.07bn¥1.26bn¥1.86bn¥1.61bn¥2.39bn¥2.20bn−¥896.0m¥462.0m¥1.02bn¥571.0m
Diluted earnings per share36.6443.2163.6453.3579.3372.89-29.7115.2133.6418.83

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥80.10bn¥70.63bn¥68.19bn¥66.27bn¥62.98bn¥64.49bn¥66.51bn¥68.94bn¥62.76bn¥50.74bn
Cash and short-term investments¥7.74bn¥8.46bn¥8.27bn¥8.14bn¥8.20bn¥10.12bn¥11.73bn¥11.70bn¥10.20bn¥2.25bn
Total liabilities¥62.68bn¥54.28bn¥52.97bn¥51.78bn¥49.69bn¥53.30bn¥57.09bn¥58.17bn¥52.17bn¥40.09bn
Debt¥37.67bn¥29.79bn¥29.18bn¥30.52bn¥29.57bn¥32.56bn¥37.56bn¥38.90bn¥33.54bn¥24.05bn
Shareholders' equity¥17.29bn¥16.26bn¥15.17bn¥14.45bn¥13.27bn¥11.16bn¥9.42bn¥10.76bn¥10.58bn¥10.13bn
Shares outstanding29m29m29m30m30m30m30m30m30m30m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−¥3.44bn¥4.46bn¥7.72bn¥4.97bn¥4.01bn¥5.21bn¥4.23bn¥2.84bn¥6.70bn¥3.08bn
Capital spending−¥2.49bn−¥2.71bn−¥2.11bn−¥1.61bn−¥2.13bn−¥1.53bn−¥1.46bn−¥3.18bn−¥4.24bn−¥2.36bn
Free cash flow−¥5.93bn¥1.75bn¥5.62bn¥3.37bn¥1.88bn¥3.68bn¥2.77bn−¥336.0m¥2.46bn¥722.0m
Dividends paid−¥356.0m−¥355.0m−¥365.0m−¥395.0m−¥304.0m−¥304.0m−¥305.0m−¥304.0m−¥297.0m−¥297.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥33.15bn¥33.51bn¥34.82bn¥32.76bn¥31.10bn¥30.50bn¥32.13bn¥30.34bn
Gross profit¥13.23bn¥13.58bn¥13.92bn¥13.29bn¥12.95bn¥12.56bn¥13.51bn¥12.39bn
Operating income¥125.0m¥940.0m¥1.09bn¥847.0m¥440.0m¥580.0m¥1.55bn¥559.0m
Net income−¥123.0m¥61.0m¥557.0m¥375.0m¥78.0m−¥183.0m¥1.24bn¥37.0m
Diluted earnings per share-4.212.0919.0612.832.67-6.2642.391.27
Total assets¥79.29bn¥80.10bn¥82.32bn¥71.11bn¥71.78bn¥70.63bn¥73.82bn¥69.98bn
Cash and short-term investments¥7.28bn¥7.74bn¥8.15bn¥6.46bn¥8.74bn¥8.46bn¥10.72bn¥8.69bn
Debt¥15.62bn¥32.45bn¥16.57bn¥25.00bn¥8.23bn¥24.72bn¥7.50bn¥25.09bn
Shareholders' equity¥17.00bn¥17.29bn¥16.94bn¥16.52bn¥16.16bn¥16.26bn¥16.29bn¥15.21bn

Financial ratios

Data as of 30 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2002
Gross margin39.9%40.5%41.5%41.9%41.6%40.7%—
Operating margin2.5%2.6%3.3%2.9%3.8%3.5%—
Net margin0.8%1.0%1.6%1.5%2.2%2.1%—
Return on equity6.2%7.8%12.3%11.1%18.0%19.7%—
Return on assets1.3%1.8%2.7%2.4%3.8%3.4%—
Free cash flow yield-6.1%46.1%63.2%41.0%38.2%42.0%—
Revenue growth8.0%6.1%5.3%2.7%2.3%-0.9%—
Earnings growth-15.2%-32.1%15.5%-32.7%8.9%-345.3%—
Current ratio0.92x0.93x0.89x0.95x0.92x0.76x—
Debt to equity1.88x1.52x1.61x1.84x2.17x2.85x—
Equity ratio21.6%23.0%22.2%21.8%21.1%17.3%—
Interest coverage9.66x11.35x13.31x11.42x22.04x16.94x—
R&D as a share of sales——————1.0%
Buybacks as a share of market value0.0%0.0%3.1%0.0%-0.1%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.5%4.9%4.2%
Operating income1.6%-1.9%-1.3%
Net income-12.7%-13.4%-4.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin40.2%40.9%41.0%39.9%
Operating margin2.5%2.8%3.1%2.7%
Net margin0.9%1.2%1.5%1.1%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings15.012.16.712.25.48.4-22.635.511.032.3
Price to sales0.10.10.10.20.10.20.20.20.10.2

Dividends and splits

Per share, in the currency the company pays

Paid for 17 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year18.0012.0012.007.0010.0010.0010.0010.00
  • 2-for-1 split · 29 May 2012
  • 2-for-1 split · 28 Mar 2012
  • 200-for-1 split · 25 Jun 2009

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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