OLBA HEALTHCARE HOLDINGS, Inc. logo

OLBA HEALTHCARE HOLDINGS, Inc.

2689.T

JPXHealthcareMedical - Distribution

Latest quote

¥1,871

−¥4.00 · -0.21%

Aug 25, 11:30 AM JST

2689.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

OLBA HEALTHCARE HOLDINGS, Inc., founded in 1921 and based in Okayama, Japan, provides an extensive range of healthcare and life science solutions to a diverse clientele across the country. Its customers include medical facilities, academic institutions, corporate research laboratories, individuals, and elderly care providers. The company's operations span several key areas. Its Medical Equipment business acts as a wholesale distributor for a wide array of advanced medical devices. This includes prosthetic and implantable items such as artificial joints, pacemakers, and coronary stents; surgical tools like steel instruments and ultrasonic scalpels; and diagnostic imaging systems such, as MRI and CT scanners. Additionally, they supply essential hospital equipment, including respirators, intraoperative monitors, and surgical lighting. In the realm of life sciences, OLBA HEALTHCARE offers specialized reagents and apparatus for genetic research, cell culture, and protein analysis. They also provide automated analyzers for biochemistry, immunology, and blood diagnostics, along with various testing reagents. Furthermore, the company performs dedicated DNA analysis services. The Supply Processing and Distribution (SPD) business supports clients by managing inventory, information, and procurement functions efficiently. Finally, the Nursing Care Products business focuses on enhancing the well-being of those requiring care. This segment offers rental services for nursing care equipment and sells welfare aids such as portable toilets and bathing solutions. They are also involved in managing a program designed to facilitate comfortable long-term care at home, referred to as "long-term care reform." The company rebranded from Kawanishi Holdings, Inc. to OLBA HEALTHCARE HOLDINGS, Inc. in January 2021.

Industry
Medical - Distribution
Sector
Healthcare
Headquarters
JP
CEO
Yohei Maeshima
Listed since
Jan 4, 2001
Employees
1,393

Market position

Day range

Current ¥1,871

52-week range

Current ¥1,871

Open
¥1,875
Previous close
¥1,875
Volume
2.3K
0.47× average
Average volume
4.86K
Average daily volume
Market cap
11.09B JPY
Beta
0.26
Market reference 1
50-day average
¥1,931.68
-3.14% below average
200-day average
¥2,042.69
-8.40% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
11.52B JPY
P/E (TTM)
9.97×
P/B (TTM)
0.85×
P/S (TTM)
0.09×
EV / EBITDA
4.75×
Earnings yield
9.87%
Free cash flow yield
-3.45%
Dividend yield
4.28%

Profitability & efficiency

Gross margin
11.20%
Operating margin
1.33%
Net margin
0.88%
Return on equity
8.52%
Return on assets
2.38%
Return on invested capital
5.99%

Financial health

Debt / equity
0.22×
Current ratio
1.23×
Altman Z-score
3.58
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends13%8%4%-0%Gross margin, FY2021: 11.58%Gross margin, FY2022: 11.73%Gross margin, FY2023: 11.47%Gross margin, FY2024: 11.34%Gross margin, FY2025: 11.20%Operating margin, FY2021: 1.92%Operating margin, FY2022: 1.95%Operating margin, FY2023: 1.88%Operating margin, FY2024: 1.61%Operating margin, FY2025: 1.33%Net margin, FY2021: 1.42%Net margin, FY2022: 1.28%Net margin, FY2023: 1.27%Net margin, FY2024: 1.17%Net margin, FY2025: 0.88%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 11.58%. Gross margin FY2022 11.73%. Gross margin FY2023 11.47%. Gross margin FY2024 11.34%. Gross margin FY2025 11.20%. Operating margin FY2021 1.92%. Operating margin FY2022 1.95%. Operating margin FY2023 1.88%. Operating margin FY2024 1.61%. Operating margin FY2025 1.33%. Net margin FY2021 1.42%. Net margin FY2022 1.28%. Net margin FY2023 1.27%. Net margin FY2024 1.17%. Net margin FY2025 0.88%.

Income trends

Revenue

126.6B JPY+3.17%

Operating income

1.68B JPY-15.16%

Net income

1.11B JPY-22.21%
Income trends across reported periods139.14B JPY88.95B JPY38.76B JPY−11.44B JPYRevenue, FY2021: 107.96B JPYRevenue, FY2022: 110.47B JPYRevenue, FY2023: 118.56B JPYRevenue, FY2024: 122.7B JPYRevenue, FY2025: 126.6B JPYOperating income, FY2021: 2.07B JPYOperating income, FY2022: 2.15B JPYOperating income, FY2023: 2.23B JPYOperating income, FY2024: 1.98B JPYOperating income, FY2025: 1.68B JPYNet income, FY2021: 1.54B JPYNet income, FY2022: 1.41B JPYNet income, FY2023: 1.5B JPYNet income, FY2024: 1.43B JPYNet income, FY2025: 1.11B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 107.96B JPY. Revenue FY2022 110.47B JPY. Revenue FY2023 118.56B JPY. Revenue FY2024 122.7B JPY. Revenue FY2025 126.6B JPY. Operating income FY2021 2.07B JPY. Operating income FY2022 2.15B JPY. Operating income FY2023 2.23B JPY. Operating income FY2024 1.98B JPY. Operating income FY2025 1.68B JPY. Net income FY2021 1.54B JPY. Net income FY2022 1.41B JPY. Net income FY2023 1.5B JPY. Net income FY2024 1.43B JPY. Net income FY2025 1.11B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue126.6B JPY122.7B JPY118.56B JPY110.47B JPY107.96B JPY
Cost of goods sold112.42B JPY108.79B JPY104.96B JPY97.52B JPY95.46B JPY
Gross profit14.18B JPY13.91B JPY13.6B JPY12.95B JPY12.5B JPY
Selling, general, and administrative12.5B JPY11.93B JPY11.37B JPY10.81B JPY10.43B JPY
Operating expenses12.5B JPY11.93B JPY11.37B JPY10.8B JPY10.43B JPY
Interest income2.49M JPY1.31M JPY4.03M JPY463K JPY315K JPY
Interest expense60.16M JPY37.68M JPY19.43M JPY17.85M JPY20.52M JPY
Depreciation and amortization743.21M JPY636.4M JPY564.87M JPY510.12M JPY403.45M JPY
Operating income1.68B JPY1.98B JPY2.23B JPY2.15B JPY2.07B JPY
Net income1.11B JPY1.43B JPY1.5B JPY1.41B JPY1.54B JPY

Company facts updated Aug 25, 2026.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥80.00

2025 complete year+60.0% since 2021

2026 partial: ¥80.00

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 29, 2026

¥80.00

Annual

Record Jun 30, 2026 · Payment Sep 30, 2026

Dividend

Ex-dividend Jun 27, 2025

¥80.00

Annual

Record Jun 30, 2025 · Payment Sep 26, 2025

Dividend

Ex-dividend Jun 27, 2024

¥80.00

Annual

Record Jun 30, 2024 · Payment Sep 27, 2024

Dividend

Ex-dividend Jun 29, 2023

¥70.00

Annual

Record Jun 30, 2023 · Payment Sep 29, 2023

Dividend

Ex-dividend Jun 29, 2022

¥60.00

Annual

Record Jun 30, 2022 · Payment Sep 22, 2022

Dividend

Ex-dividend Jun 29, 2021

¥50.00

Special

Record Jun 30, 2021 · Payment Sep 24, 2021

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