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Added to YB: 2026-04-20

Pitch date: 2026-04-17

9220.T [bullish]

FB Care Service Co.,Ltd.

Author Info

Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.

Company Info

FB Care Service Co.,Ltd. provides nursing care services in Japan and internationally. It operates through Welfare Equipment and The Nursing Care Business segments.

Market Cap

JPY 3.0B

Pitch Price

N/A

Price Target

1.4K

Dividend

N/A

EV/EBITDA

3.33

P/E

6.87

EV/Sales

0.30

Sector

Health Care Providers and Services

Category

value

Show full summary:
Japanese Healthcare at 6x Earnings

9220.T: Japanese elderly care operator (42% welfare equipment, 58% nursing facilities) riding aging demographic tailwind. 80% revenue covered by govt insurance. EPS grew 166→183 Yen (2023-25), 5% rev CAGR. Founder owns 53%, buying back 8% shares in 2025. Trades 6x P/E, 0.79x tangible book vs peers at 11-17x P/E. PT 1400 Yen. Risk: 2027 rate adjustments, low liquidity.

Read full article (3 min)