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Commercial Services

Solasto Corp.

Business Summary

Solasto Corp. engages in the provision of medical and welfare-related services. Its operations are carried out through the following business segments: Medical Outsourcing, Elderly and Child care, and Others. The Medical Outsourcing segment includes medical-related contractual services, personnel dispatch, medical and dental reimbursement billing agency, and consulting services for medical institutions. The Elderly and Child care segment provides home help service, day service, home care support, short-term admission for daily life long-term care service, and pay nursing home. The Others segment handles recruitment and training, 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 2019 JPYUSD
Revenue84,251M759.73M
Gross Profit15,157M136.67M
Operating income5,031M45.36M
Income before tax4,954M44.67M
Net income3,506M31.61M
EBITDA6,543M59.00M
Diluted EPS37.090.33
Dividends Per Share190.17
Total Assets45,798M413.76M
Total liabilities31,860M287.84M
Total equity13,936M125.90M
Operating cash flow5,153M46.46M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 60,181.64M 63,070.93M 65,413.62M 74,329M 84,251M
Gross Profit 9,637.24M 10,604.14M 11,166.98M 12,982M 15,157M
Operating income 2,622.22M 3,311.49M 3,654.77M 4,190M 5,031M
Income before tax 2,630.95M 3,171.68M 3,639.80M 4,100M 4,954M
Net income 1,451.75M 1,993.37M 2,473.17M 2,710M 3,506M
EBITDA 3,171.70M 3,918.46M 4,233.99M 5,195M 6,543M
Diluted EPS 17.11 23.50 26.38 9.58 37.09
Dividends Per Share -- -- 14.33 14.99 19
Total Assets 24,759.91M 22,541.23M 23,802.21M 37,665M 45,798M
Total liabilities 16,175.41M 14,065.36M 13,545.10M 25,791M 31,860M
Total equity 8,584.49M 8,475.87M 10,257.10M 11,871M 13,936M
Operating cash flow 2,175.11M 1,959.73M 3,086.51M 5,068M 5,153M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 547.82M 525.22M 604.07M 670.64M 759.73M
Gross Profit 87.72M 88.30M 103.12M 117.13M 136.67M
Operating income 23.86M 27.57M 33.75M 37.80M 45.36M
Income before tax 23.94M 26.41M 33.61M 36.99M 44.67M
Net income 13.21M 16.59M 22.83M 24.45M 31.61M
EBITDA 28.87M 32.63M 39.09M 46.87M 59.00M
Diluted EPS 0.15 0.19 0.24 0.08 0.33
Dividends Per Share -- -- 0.13 0.13 0.17
Total Assets 206.46M 200.55M 213.60M 354.16M 413.76M
Total liabilities 134.87M 125.14M 121.55M 242.51M 287.84M
Total equity 71.58M 75.41M 92.04M 111.62M 125.90M
Operating cash flow 19.79M 16.31M 28.50M 45.72M 46.46M

Valuation Measures

Mar 2019
PER33.23
ROA8.40%
ROE27.17%
Operating margin5.97%
Profit margin4.16%

Key executives

  • President & Representative Director: Yoshikazu Fujikawa
  • Executive Officer, Head-Finance & IR: Keiichi Harada
  • Executive Officer & Manager-Business Management: Mayo Nakahara
  • Executive Officer & Manager-Business Promotions: Itaru Ikuji
  • Director & Chief Talent Officer & GM-Personnel: Masaaki Kawanishi

Shareholders

  • Daito Trust Construction Co., Ltd. (33.7%)
  • Toho Holdings Co., Ltd. (10.3%)
  • T. Rowe Price International Ltd. (Japan) (5.1%)
  • Nikko Asset Management Co., Ltd. (3.6%)
  • Columbia Wanger Asset Management LLC (3.0%)
  • Swedbank Robur Fonder AB (2.8%)
  • Infocom Corp. (2.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.5%)
  • Solasto Employee Stock Ownership Plan (1.4%)
  • ARAI JUNICHI /NIC/ (1.2%)

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

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  • 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 15 Oct, 2019

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