Overview

HIKARI HEIGHTS-VARUS CO.,LTD.

Hikari Heights Varus operates a portfolio of senior care facilities in Hokkaido, Japan, comprising paid nursing homes (介護付有料老人ホーム), housing-type paid senior residences (住宅型有料老人ホーム), and serviced senior housing (サービス付き高齢者向け住宅). The company provides 24-hour integrated care services—including personal care, meals, rehabilitation, and health management—across 9 facilities in Sapporo and Otaru under the 'Veras' and 'Veras Cuore' brands. Additional services include day care (デイサービス) and short-stay care (ショートステイ), targeting elderly residents requiring varying levels of nursing and daily living support.

Market Cap
¥—B
EV
¥—B
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
—
LTM EV/EBIT
—
LTM PER
—
LTM PBR
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No price data
Stock data unavailable
This company is listed on a regional exchange (Nagoya/Fukuoka/Sapporo) and is not distributed via J-Quants (JPX). Stock price, market cap, and EV-based multiples are not available. Financial data from public filings (P&L, BS, directors, etc.) remains accurate for analysis.
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Performance & Balance
Revenue 5Y (¥B)
3.09US$19.7M'22/33.05US$19.5M'23/33.03US$19.3M'24/33.04US$19.4M'25/33.04US$19.4M'26/3
EBITDA 5Y (¥B)
0.12US$0.79M'22/30.07US$0.45M'23/30.05US$0.33M'24/3-0.29-US$1.82M'25/3-0.36-US$2.32M'26/3
Net Income 5Y (¥B)
0.07US$0.47M'22/30.05US$0.29M'23/30.04US$0.27M'24/3-0.30-US$1.89M'25/3-0.32-US$2.01M'26/3
Capital Structure
84%
EquityD/E 0.18xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5.71US$36.4M0.58US$3.67M'22/36.07US$38.7M0.54US$3.42M'23/35.97US$38.0M0.51US$3.22M'24/35.46US$34.8M0.53US$3.39M'25/35.16US$32.9M0.54US$3.42M'26/3
Shareholders
Top 10 hold 86.8%
1
Shinichi FUJII
65.13%
2
Health Science Research Institute Co., Ltd.
4.42%
3
LA Holdings Co.,Ltd.
3.70%
4
Koichi MORIMOTO
2.96%
5
Takahiro YAMASHITA
2.48%
6
Isao WATANABE
2.19%
7
Iwakura Construction Co., Ltd.
2.05%
8
Gunei Co., Ltd.
1.55%
9
Chieka MORI
1.18%
10
Fork Co., Ltd.
1.14%
Management
8 officers
Chieka MORI
Representative Director, President
Apr 1985 Joined Oubei Jidosha Kogyo Co., Ltd. Jul 1995 Director, Oubei Jidosha Kogyo Co., Ltd. Jul 2005 Representative Director, Ferris Co., Ltd. Jan 2006 Director, Villa Co., Ltd. May 2006 Representative Director, Kawazoe Co., Ltd. Jun 2006 Representative Director, Villa Co., Ltd. May 2007 Director, Noa Concern Tonden Co., Ltd. Jun 2007 Representative Director, Noa Concern Tonden Co., Ltd. Aug 2007 Spun off Noa Concern Tonden into Tonden Co., Ltd. Representative Director, Tonden Co., Ltd. (current) Jun 2009 Representative Director and President, the Company (current)
1966-08-08
Shinichi FUJII
Director
Oct 1987 Opened Sapporo Hiraoka Hospital Apr 1993 Established Yuasa Memorial Foundation Apr 1994 Established Eiwakai Social Welfare Corporation Jun 2003 Joined Sapporo Keiyukai Social Welfare Corporation Apr 2004 Director of Sapporo Keiyukai Social Welfare Corporation; Facility Director, Kamienai Heights Geriatric Health Services Facility May 2006 Director, Kawazoe Co., Ltd. Jun 2006 Director, Villa Co., Ltd. May 2007 Director, Noa Concern Tonden Co., Ltd. Aug 2007 Spun off Noa Concern Tonden into Tonden Co., Ltd. Director, Tonden Co., Ltd. (current) Jun 2008 Corporate Auditor, Ferris Co., Ltd. Jun 2009 Director, the Company (current)
1954-04-18
Masako OHORI
Director
Apr 1979 Joined Bibai Labor Accident Hospital Jan 1998 Joined Futaguro Gastroenterology Hospital Sep 2002 Joined Century Hospital as Head Nurse Apr 2005 Joined the Company Nov 2005 Head Nurse, Hikari Heights Veras Kotoni Apr 2009 Director of Nursing Jul 2009 Executive Officer (current) Director, Nursing and Care Department Jun 2010 Director (current) Mar 2011 Facility Director, Veras Cuore Yamanote Aug 2015 Facility Director, Veras Cuore Minami 19-jo Nov 2021 Facility Director, Veras Cuore Yamanote
1957-08-15
Hiroyuki OSANAI
Director
Apr 1982 Joined Engaru Central Hospital as Chief of Surgery Apr 1983 Joined Sapporo Medical University Hospital Apr 1985 Chief of Surgery, Sapporo Surgical Memorial Hospital (Medical Corporation) Apr 2007 Director, Sapporo Surgical Memorial Hospital (Medical Corporation) Jun 2022 Director, the Company (current)
1951-07-25
Fukuko SAITO
Director
Oct 1990 Joined Izumi Chuo Orthodontic Dental Clinic Apr 2018 Director, Dentalx Sendai, Tenmakai Medical Corporation Oct 2022 Director, Izumi Chuo Dental Clinic Jun 2023 Director, the Company (current)
1963-08-16
Daiji FUJIWARA
Full-time Corporate Auditor
Apr 1989 Joined Otsuka Corporation Sep 1993 Established Harmonic Ltd. Oct 2009 Director, Tenmakai Medical Corporation Jun 2023 Full-time Corporate Auditor, the Company (current)
1965-02-19
Takashi YAMAGUCHI
Corporate Auditor
Oct 1991 Worked at Plastic Surgery Department, Asahikawa Red Cross Hospital Apr 1992 Worked at Plastic Surgery Department, Sapporo Medical University Apr 1995 Worked at Plastic Surgery Department, Asahikawa Red Cross Hospital Oct 1995 Head of Plastic Surgery Department, Hakodate Goryokaku Hospital Apr 2009 Director, Island Sapporo Plastic Surgery and Cosmetic Clinic Apr 2010 Director, Makomanai Clinic (current) Jun 2010 Corporate Auditor, the Company (current)
1961-09-29
Takanori SASAKI
Corporate Auditor
Oct 2000 Joined Kobayashi Sogo Law Office Mar 2011 Joined Muramatsu Law Office Jun 2021 Corporate Auditor, the Company (current) Dec 2021 Representative, Sapporo Partner Law Office (current)
1974-07-08
Large Shareholding Reports
SBI SECURITIES Co., Ltd.
2026-10-21
5.64%→8.61%
SBI SECURITIES Co., Ltd.
2026-10-06
8.78%→5.64%
SBI Securities Co., Ltd.
2026-06-04
7.66%→8.78%
SBI Securities Co., Ltd.
2026-04-21
7.66%
SBI Securities Co., Ltd.
2026-04-06
7.64%→4.95%
SBI Securities Co., Ltd.
2025-10-21
7.64%
SBI Securities Co., Ltd.
2025-10-07
7.63%→2.73%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-21
Large Shareholding Report
EDINET
2026-10-06
Large Shareholding Report
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-04
Large Shareholding Report
EDINET
2026-04-21
Large Shareholding Report
EDINET
2026-04-06
Large Shareholding Report
TDnetAmended
2026-02-16
Q3 Earnings Flash
FY ending Mar 2026
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-21
Large Shareholding Report
EDINET
2025-10-07
Large Shareholding Report
TDnet
2025-08-13
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Sep 2024
TDnet
2024-08-14
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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