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Commercial Services

Solasto Corp.

Business Summary

Solasto Corp. engages in the provision of medical and welfare-related services. It operates through the following business segments: Medical Outsourcing, Elderly and Child Care, and Others. The Medical Outsourcing segment provides medical-related contractual services such as reception, accounting, medical fee billing, and hospital management support services. The Elderly and Child Care segment offers home help service, day service, home care support, short-term inpatient living care service, and pay nursing home. The Others segment includes real estate leasing and non-life insurance agency business. The company was founded in October 1965 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue95,719M880.37M
Gross Profit17,001M156.36M
Operating income5,466M50.27M
Income before tax6,965M64.06M
Net income4,739M43.58M
EBITDA7,416M68.20M
Diluted EPS50.110.46
Dividends Per Share----
Total Assets57,703M534.50M
Total liabilities40,930M379.13M
Total equity16,770M155.34M
Operating cash flow4,248M39.07M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 63,070.93M 65,413.62M 74,329M 84,251M 95,719M
Gross Profit 10,604.14M 11,166.98M 12,982M 15,157M 17,001M
Operating income 3,311.49M 3,654.77M 4,190M 5,031M 5,466M
Income before tax 3,171.68M 3,639.80M 4,100M 4,954M 6,965M
Net income 1,993.37M 2,473.17M 2,710M 3,506M 4,739M
EBITDA 3,918.46M 4,233.99M 5,195M 6,543M 7,416M
Diluted EPS 23.50 26.38 9.58 37.09 50.11
Dividends Per Share -- 14.33 14.99 19 --
Total Assets 22,541.23M 23,802.21M 37,665M 45,798M 57,703M
Total liabilities 14,065.36M 13,545.10M 25,791M 31,860M 40,930M
Total equity 8,475.87M 10,257.10M 11,871M 13,936M 16,770M
Operating cash flow 1,959.73M 3,086.51M 5,068M 5,153M 4,248M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 525.22M 604.07M 670.64M 759.73M 880.37M
Gross Profit 88.30M 103.12M 117.13M 136.67M 156.36M
Operating income 27.57M 33.75M 37.80M 45.36M 50.27M
Income before tax 26.41M 33.61M 36.99M 44.67M 64.06M
Net income 16.59M 22.83M 24.45M 31.61M 43.58M
EBITDA 32.63M 39.09M 46.87M 59.00M 68.20M
Diluted EPS 0.19 0.24 0.08 0.33 0.46
Dividends Per Share -- 0.13 0.13 0.17 --
Total Assets 200.55M 213.60M 354.16M 413.76M 534.50M
Total liabilities 125.14M 121.55M 242.51M 287.84M 379.13M
Total equity 75.41M 92.04M 111.62M 125.90M 155.34M
Operating cash flow 16.31M 28.50M 45.72M 46.46M 39.07M

Valuation Measures

Mar 2020
PER19.95
ROA9.15%
ROE30.86%
Operating margin5.71%
Profit margin4.95%

Key executives

  • President, CEO & Representative Director: Yoshikazu Fujikawa
  • Chief Financial Officer & Senior GM-Administration: Mitsuhiro Okada
  • Director & General Manager-Medical Business: Masumi Tamai
  • Director & Chief Human Resources Officer: Masaaki Kawanishi
  • Director & Senior Managing Executive Officer: Shigeru Fukushima

Shareholders

  • Daito Trust Construction Co., Ltd. (33.7%)
  • Toho Holdings Co., Ltd. (10.2%)
  • T. Rowe Price International Ltd. (Japan) (6.5%)
  • Nikko Asset Management Co., Ltd. (3.6%)
  • Swedbank Robur Fonder AB (2.8%)
  • Infocom Corp. (2.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.5%)
  • Columbia Wanger Asset Management LLC (2.0%)
  • Nomura Asset Management Co., Ltd. (1.5%)
  • Solasto Employee Stock Ownership Plan (1.4%)

Contact Details

  • Website:http://www.solasto.co.jp
  • Address: A-Place Shinagawa Higashi 6/F, 1-7-18 Konan, Tokyo, 108-8210, Japan
  • Phone: +81.3.3450.2610

Related Companies

  • Meguminokai YK
  • Meguminokai KK
  • Wing Support Megu KK
  • Nagoyaka CareLink Co., Ltd.
  • Jawa KK
  • Pinnacle KK
  • Japan CareLink Co., Ltd.
  • Best Care KK (Ehime)
  • Jyu Center KK
  • All Life Mate Co., Ltd.
  • Solasto Employee Stock Ownership Plan

Competitors

    Last Updated on 3 Jul, 2020

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