FB CARE SERVICE CO.,LTD.
9220・Standard Market・Services
Welfare Equipment Business
Core revenue-generating segment responsible for welfare equipment rental and sales under the long-term care insurance system
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year, FY2026 (ending March 2026)) | ¥4,974 million | ¥4,586 million (FY2025 (ended March 2025)) | ↑ |
| Segment profit (full year, FY2026 (ending March 2026)) | ¥320 million | ¥313 million (FY2025 (ended March 2025)) | ↑ |
| Net sales YoY change rate (FY2026 (ending March 2026)) | +8.4% | — | ↑ |
| Segment profit YoY change rate (FY2026 (ending March 2026)) | +2.3% | — | ↑ |
| Depreciation (full year, FY2026 (ending March 2026)) | ¥36 million | ¥30 million (FY2025 (ended March 2025)) | ↑ |
| Goodwill amortization (full year, FY2026 (ending March 2026)) | ¥15 million | ¥0 million (FY2025 (ended March 2025)) | ↑ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥1,518 million | ¥1,249 million (end of FY2025 (ended March 2025)) | ↑ |
Business Details
Provides welfare equipment rental, sales, and home renovation services based on the Long-Term Care Insurance Act. Operates branch offices across the Shin-etsu, North Kanto, and South Kanto areas, featuring a consistent dedicated staffing system (the same staff member handles sales, consultation, delivery, and contracting) provided by specialist welfare equipment counselors, along with 24/7/365 support. The company has built a quality control and rapid supply system through its in-house product management center, and aims to expand market share through community-based sales activities targeting care managers and nursing care facilities. In June 2025, the company acquired two additional branch offices in Nagano Prefecture through a business transfer, continuing its scale expansion.
Recent Overview
Higher revenue and profit driven by addition of two branch offices via business transfer; elevated procurement costs offset by revenue growth effect
In June 2025, the company acquired and began operating two welfare equipment branch offices in Shiojiri City and Azumino City, Nagano Prefecture, through a business transfer. Community-based sales activities focused on visiting care managers, nursing care facilities, and users, as well as developing new users, progressed smoothly. Procurement costs for in-house rental products remained at elevated levels, and referral fees associated with the business transfer were also recorded, but these were absorbed by the revenue growth effect, securing a profit increase. Net sales were ¥4,974 million (up 8.4% year on year), and segment profit was ¥320 million (up 2.3% year on year).
Key Products
Growth Drivers
- Continued expansion of demand for welfare equipment amid a rising aging rate
- Expansion of branch offices through business transfers (M&A) (two additional locations added in Nagano Prefecture in June 2025)
- Development of new users through community-based sales activities targeting care managers, nursing care facilities, and users
- Quality control and rapid supply system through the company's own product management centers (two locations in Shin-etsu and Kanto)
- Enhanced user trust and retention through the consistent dedicated staffing system of specialist welfare equipment counselors
- Expansion of regional market share through sales centered on in-house rental products such as electric care beds
Risks
- Cost pressure from rising procurement prices for in-house rental products (remaining at elevated levels)
- Risk from revisions to long-term care insurance benefit rates (a government-set price directly affecting performance, reviewed every three years)
- Difficulty securing personnel such as specialist welfare equipment counselors (job openings-to-applicants ratio for nursing care occupations remains high at 3.46x)
- Risk of one-time expenses (such as referral fees) arising from business transfers
- Risk of price competition from regional market share battles with competitors
Last updated: June 25, 2026