Added to YB: 2026-01-27
Pitch date: 2026-01-24
3645.T [neutral]
Medical Net, Inc.
-15.83%
current return
Author Info
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Company Info
Medical Net, Inc. engages in management and operation of portal website. It operates through six segments: Media Platform Business, Medical Institution Management Support Business, Medical BtoB Business, Cloud Integration Business, Anti-disease and prevention platform business, and others.
Market Cap
JPY 2.8B
Pitch Price
JPY 301.77
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.15
P/E
69.92
EV/Sales
0.35
Sector
Interactive Media and Services
Category
turnaround
Japan tech company Medical Net (3645) update
3645.T (exited position): Japanese dental holding co w/ media platforms & institution support. Revenue growing but profits crashed from disease prevention acquisition (now cut). Media business (67% profits) declining -11% sales, -15% profits due to old websites losing Google rankings. Institution support has low margins from front-end investments. Trading 12x earnings. Exited for stronger tech cos w/ better moats.
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