Overview
Services

Value HR Co.,Ltd.

Value HR is a leading provider of health management services and health insurance association (Kenpo) establishment and operational support in Japan. The company develops and operates the proprietary 'Value Cafeteria® System,' a fully customizable, cloud-based health management platform offering integrated services including medical checkup scheduling, health examination result management, specific health guidance (tokutei hokenShido), cafeteria-plan employee benefits, stress checks, and data health planning support. Its two core segments—Value Cafeteria Business and HR Management Business—enable corporations and health insurance associations to manage employee health on a one-stop basis, from preventive care through BPO administrative services and new Kenpo establishment consulting.

Market Cap
¥40.5B
US$258M
EV
¥41.2B
US$263M
Stock¥1,513▲+0.80%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
28.8
x
LTM EV/EBIT
44.8
x
LTM PER
54.7
x
LTM PBR
6.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-32.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
40.5BUS$258MMarket Cap5.56BUS$35.4M+ Debt3.34BUS$21.3M− Cash1.49BUS$9.52M− Inv. Sec.0.00BUS$0.02M+ NCI41.2BUS$263MEV
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Performance & Balance
Revenue 5Y (¥B)
5.53US$35.2M'21/126.17US$39.3M'22/127.10US$45.3M'23/128.38US$53.4M'24/1210.1US$64.2M'25/12
EBITDA 5Y (¥B)
1.30US$8.29M'21/121.50US$9.59M'22/121.73US$11.0M'23/121.49US$9.52M'24/121.35US$8.60M'25/12
Net Income 5Y (¥B)
0.66US$4.22M'21/120.88US$5.61M'22/120.97US$6.19M'23/120.79US$5.04M'24/120.63US$4.01M'25/12
Capital Structure
55%
45%
EquityD/E 0.82xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
5.53US$35.3M7.13US$45.4M'21/125.92US$37.7M6.63US$42.3M'22/126.26US$39.9M6.12US$39.0M'23/126.57US$41.9M5.61US$35.8M'24/126.42US$41.0M5.09US$32.4M'25/12
Shareholders
Top 10 hold 56.1%
1
Michio FUJITA
15.56%
2
Nippon Life Insurance Company
8.10%
3
Daido Life Insurance Company
7.05%
4
Amano Sokenn Co., Ltd.
6.63%
5
The Master Trust Bank of Japan, Ltd. (Trust Account)
5.18%
6
Tokio Marine & Nichido Fire Insurance Co., Ltd.
3.62%
7
Hoken Co., Ltd.
2.81%
8
Daiwa Institute of Research Ltd.
2.59%
9
SMBC Nikko Securities Inc.
2.57%
10
Gaishi YOSHINARI
1.95%
Management
9 officers
Michio FUJITA
Representative Director, President; General Manager, Cafeteria Business Division; Supervisor, Business Planning Office, Friendship Business Division, Human Resources Division, and Women's Empowerment Promotion Office
Apr 1982 Joined Arthur Andersen & Co. Accounting Office (currently Azsa LLC) Feb 1991 Joined Merrill Lynch Japan Securities Co., Ltd., Tokyo Branch (currently BofA Securities Japan Co., Ltd.) Apr 1995 Joined Aoyama Audit Corporation (currently PricewaterhouseCoopers Japan LLC) Apr 1998 Transferred to PricewaterhouseCoopers Consulting Co., Ltd. Jul 2001 Established the Company; assumed office of Representative Director, President Feb 2003 Director, Value Networks Inc. (current) Dec 2005 Director, Value Healthcare Inc. (current) Jul 2016 Director, Value HR Ventures Inc. (current) May 2017 Representative Director, President, Kenshin Yoyaku.com Inc. (current) Mar 2019 Representative Director, President; supervisor of Administration Division Feb 2020 Representative Director, President; supervisor of HR Management Business Division and Administration Division Sep 2020 Director, Online Doctor Inc. Aug 2021 Representative Director, Value HR Healthy Life Expectancy Extension Foundation (current) Feb 2022 Representative Director, President; General Manager, Cafeteria Business Promotion Division; supervisor of Administration Division and Friendship Business Division Apr 2023 Representative Director, President; General Manager, Cafeteria Business Promotion Division and Administration Division; General Manager, Corporate Planning Department; supervisor of Presidential Office and Friendship Business Division Jan 2024 Representative Director, President; General Manager, Cafeteria Business Promotion Division and Corporate Planning Department; supervisor of Administration Division and Friendship Business Division Feb 2024 Representative Director, President; General Manager, Cafeteria Business Promotion Division and Administration Division; General Manager, Corporate Planning Department; supervisor of Friendship Business Division Jun 2024 Representative Director, President; General Manager, Cafeteria Business Promotion Division and Corporate Planning Department; supervisor of Administration Division and Friendship Business Division Dec 2025 Representative Director, President; General Manager, Cafeteria Business Division; supervisor of Business Planning Department, Friendship Business Division, Human Resources Division, and Women's Empowerment Promotion Office (current)
1960-01-20
Gentaro FUJITA
Representative Director, Executive Vice President; supervisor of Administration Division, HR Management Business Division, Information Systems Division, and Health Management & Data Health Promotion Office
Apr 2008 Joined the Company Oct 2011 General Manager, Presidential Office Apr 2013 Executive Officer; General Manager, Presidential Office Feb 2014 Executive Officer; General Manager, Cafeteria Business Promotion Division Mar 2014 Director; General Manager, Cafeteria Business Promotion Division Jul 2016 Representative Director, Value HR Ventures Inc. (current) May 2017 Director, Kenshin Yoyaku.com Inc. (current) Mar 2019 Senior Managing Director; supervisor of Cafeteria Business Promotion Division; General Manager, Corporate Planning Office Feb 2020 Senior Managing Director; supervisor of Corporate Planning Office Sep 2020 Director, Online Doctor Inc. (current) Mar 2021 Representative Director, Executive Vice President; supervisor of Corporate Planning Office Feb 2022 Representative Director, Executive Vice President; General Manager, Corporate Planning Office; supervisor of HR Management Business Division, Health Management & Data Health Promotion Office, and Information Systems Division Jan 2023 Representative Director, Executive Vice President; General Manager, Corporate Planning Department; supervisor of HR Management Business Division, Health Management & Data Health Promotion Office, and Information Systems Division Apr 2023 Representative Director, Executive Vice President; supervisor of HR Management Business Division, Health Management & Data Health Promotion Office, and Information Systems Division Dec 2025 Representative Director, Executive Vice President; supervisor of Administration Division, HR Management Business Division, Information Systems Division, and Health Management & Data Health Promotion Office (current)
1985-09-22
Isao IIZUKA
Director, Vice President; supervisor of Healthcare Business Division and Sales Division
Apr 1977 Joined Japan Cancer Knowledge Foundation (currently General Incorporated Foundation Japan Cancer Knowledge Foundation) Apr 1998 Director, Medical Business Department, the same foundation May 2005 Joined the Company; General Manager, Health Management Business Division Sep 2007 Executive Officer; General Manager, Health Management Business Department Jun 2008 Director; General Manager, Health Management Business Department Dec 2010 Director; General Manager, Healthcare Business Division; Representative Director, President, Value Healthcare Inc. (current) Sep 2011 Director; General Manager, Health Management Division Mar 2014 Senior Managing Director; General Manager, Health Management Business Division Jun 2015 Senior Managing Director; supervisor of Healthcare Support Business Division Jul 2016 Director, Value HR Ventures Inc. (current) Feb 2017 Senior Managing Director; General Manager, Healthcare Support Business Division and Sales Division May 2017 Director, Kenshin Yoyaku.com Inc. (current) Mar 2019 Director, Vice President; General Manager, Healthcare Support Business Division; supervisor of Sales Division (current) Sep 2020 Representative Director, Online Doctor Inc. Apr 2024 Director, Vice President of the Company; supervisor of Healthcare Support Business Division and Sales Division (current)
1954-11-08
Yuji OMURA
Managing Director, CIO; General Manager, Information Security & Compliance Office
Apr 1986 Started business as a sole proprietor software engineer Sep 2001 Director; General Manager, Information Systems Division Jan 2007 Director, Value Networks Inc. (current) Jan 2007 Director, Value Healthcare Inc. (current) Sep 2007 Director; General Manager, Value Cafeteria Planning Office Jun 2008 Director; General Manager, Information Systems Department Sep 2011 Director; General Manager, Cafeteria System Division Feb 2014 Director; General Manager, Information Systems Division Mar 2014 Managing Director; General Manager, Information Systems Division Mar 2017 Managing Director; supervisor of Information Systems Division Feb 2020 Managing Director; supervisor of Information Systems Division; General Manager, Cafeteria Business Promotion Division Mar 2021 Managing Director; General Manager, Cafeteria Business Promotion Division; supervisor of Information Systems Division and Friendship Business Division Feb 2022 Managing Director, CIO; General Manager, Information Security & Compliance Office (current)
1961-01-23
Akiko YANAGISAWA
Director
Apr 1984 Joined Arthur Andersen & Co. Aug 1988 Commercial Analyst/Commercial Counsellor, Trade Department, Embassy of Denmark in Japan Mar 1990 Chief Commercial Officer, International Trade Department, British Embassy Tokyo Dec 2021 Joined the Company as Advisor Mar 2022 Outside Director of the Company (current)
1961-06-26
Mari YAMAMOTO
Director
Apr 1987 Joined the Ministry of Health and Welfare (currently Ministry of Health, Labour and Welfare) Jan 2009 Vice Mayor, City of Kuwana, Mie Prefecture Jun 2016 Senior Deputy Director-General, Cabinet Secretariat; concurrently Bureau of Employment Security and Bureau of Children and Families Jul 2018 Deputy Director-General, Minister's Secretariat, Ministry of Health, Labour and Welfare (Health and Long-term Care Coordination) Jul 2019 Senior Deputy Director-General, Cabinet Secretariat (Cabinet Personnel Bureau) Sep 2021 Director-General, Social Welfare and War Victims' Relief Bureau, Ministry of Health, Labour and Welfare Jun 2022 Senior Deputy Director-General, Cabinet Secretariat (Director, Office for Loneliness and Isolation Countermeasures) Mar 2025 Outside Director of the Company (current)
1964-01-23
Yuji YOSHIMASU
Director, Audit and Supervisory Committee Member
Nov 1974 Joined Touche Ross & Co. Tokyo Office Jan 1978 Transferred to Tohmatsu Aoki & Co. (currently Deloitte Touche Tohmatsu LLC) following merger Jan 2014 Representative, Yoshimasu CPA Office (current) Jun 2014 Outside Corporate Auditor, Mizuho Securities Co., Ltd. Mar 2015 Outside Director of the Company Jun 2015 Outside Corporate Auditor, Nissay Asset Management Corporation; Outside Corporate Auditor, Nissay Lease Co., Ltd. Mar 2017 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Jun 2017 Outside Director (Audit and Supervisory Committee Member), Mizuho Securities Co., Ltd.
1948-12-06
Gaishi YOSHINARI
Director, Audit and Supervisory Committee Member
Apr 1988 Registered as attorney with the Tokyo Bar Association Apr 1988 Joined Yamamoto Eisoku Law Office Apr 1991 Established Yoshinari & Shirouchi Law Office (currently Akatsuki Law Office) (current) Jun 1992 Outside Corporate Auditor, Takara Tomy Co., Ltd. Mar 2017 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Jun 2018 Outside Corporate Auditor, Adsol Nissin Corporation
1950-02-19
Tsuyoshi KARASAWA
Director, Audit and Supervisory Committee Member
Apr 1980 Joined the Ministry of Health and Welfare (currently Ministry of Health, Labour and Welfare) Sep 2012 Director-General for Policy Planning (Social Security), same ministry Jul 2014 Director-General, Health Insurance Bureau, same ministry Jun 2016 Director-General for Regional Revitalization, Cabinet Secretariat, Headquarters for Local Revitalization and Creation of Vibrant Communities Oct 2018 Visiting Professor, Saku University (current) Dec 2018 Specially Appointed Professor, Graduate School of Media and Governance, Keio University; Outside Director, CMIC Holdings Co., Ltd. Jan 2019 Joined the Company as Advisor Mar 2019 Outside Director of the Company Jul 2021 Chairperson, Social Welfare Corporation Sun Vision (current) Mar 2025 Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1956-08-29
Large Shareholding Reports
Michio FUJITA
2026-01-07
16.92%→16.02%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-06-30): 15.56%
Michio FUJITA
2026-01-06
16.92%→16.02%
Annual report (as of 2026-06-30): 15.56%
Daido Life Insurance Company
2025-10-06
5.45%→6.50%
Annual report (as of 2026-06-30): 7.05%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-02
Securities Registration Statement
TDnet
2026-08-13
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-08-13
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-24
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINETAmended
2026-01-07
Change Report
EDINET
2026-01-06
Large Shareholding Report
TDnet
2025-11-13
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-10-06
Large Shareholding Report
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2025-05-16
Securities Registration Statement
TDnet
2025-05-15
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Jun 2024
EDINETAmended
2024-05-15
Amended Securities Registration Statement
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINETAmended
2024-04-22
Amended Securities Registration Statement
EDINET
2024-04-15
Securities Registration Statement
EDINET
2024-03-29
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-12
Quarterly Securities Report
EDINET
2022-03-30
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
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