Overview
Services

Fureasu Co.,Ltd.

Fureasu is a home medical care services company operating three core segments: insurance-covered訪問massage services (direct operations), a franchise network for insurance-covered massage, and facility-based nursing care services. The company's licensed anma-massage therapists visit homebound elderly and disabled patients at their residences or care facilities to provide medically sanctioned massage therapy reimbursed under Japan's public health insurance system. Additional services include nursing small-scale multi-function residential care (kangokomakitakinogata), visiting nursing, and visiting care, with the stated mission of eliminating 'home care refugees' (miitori nanmin).

Market Cap
¥1.78B
US$11.3M
EV
¥2.45B
US$15.6M
Stock¥682▲+0.44%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.2
x
LTM EV/EBIT
6.8
x
LTM PER
3.0
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-41.8%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 14, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
1.78BUS$11.3MMarket Cap2.03BUS$13.0M+ Debt1.36BUS$8.69M− Cash0.00BUS$0.00M− Inv. Sec.2.45BUS$15.6MEV
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Performance & Balance
Revenue 5Y (¥B)
4.17US$26.6M'22/34.58US$29.2M'23/35.71US$36.4M'24/37.58US$48.4M'25/37.64US$48.7M'26/3
EBITDA 5Y (¥B)
0.23US$1.45M'22/30.09US$0.55M'23/30.22US$1.42M'24/30.09US$0.58M'25/30.45US$2.88M'26/3
Net Income 5Y (¥B)
0.15US$0.94M'22/30.03US$0.20M'23/30.06US$0.37M'24/3-0.24-US$1.56M'25/30.51US$3.24M'26/3
Capital Structure
52%
48%
EquityD/E 0.93xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.21US$7.75M1.00US$6.35M'22/30.98US$6.22M2.09US$13.3M'23/31.13US$7.21M3.48US$22.2M'24/30.81US$5.20M6.08US$38.8M'25/31.62US$10.3M2.14US$13.6M'26/3
Shareholders
Top 10 hold 77.4%
1
Yumi Co., Ltd.
30.67%
2
Taku SAWANOBORI
27.18%
3
SBI SECURITIES Co., Ltd.
4.83%
4
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
4.56%
5
Fureasu Co.,Ltd. Employee Stock Ownership Association
2.49%
6
Mitsubishi UFJ eSmart Securities Co., Ltd.
2.03%
7
Nomura Securities Co., Ltd.
1.82%
8
Seigo KATO
1.38%
9
Alsoa Keio Group Co., Ltd.
1.27%
10
Takashi TSUKADA
1.22%
Management
6 officers
Taku SAWANOBORI
Representative Director, President and CEO
Apr 1999 Joined Toyo Igakukaikan Co., Ltd. Apr 2000 Joined Amenity Service Co., Ltd. Jul 2000 Launched Fureai Zaitaku Massage (sole proprietorship) Apr 2002 Established Fureai Zaitaku Massage Co., Ltd. (predecessor of the Company), Representative Director and President Apr 2005 Reorganized as Fureai Zaitaku Massage Co., Ltd. (current Company), Representative Director and President Jun 2020 Representative Director and President, Hortensia Harmony Co., Ltd. Sep 2022 Representative Director and Chairman of the Company Sep 2022 Representative Director and Chairman, Hortensia Harmony Co., Ltd. May 2024 Representative Director, President and CEO of the Company (current) May 2024 Representative Director and President, Hortensia Harmony Co., Ltd. (current) Oct 2024 Representative Director and President, Sky Heart Co., Ltd. (now Flare Skind Care Co., Ltd.) Nov 2025 Director, Flare Skind Care Co., Ltd. (current)
1969-01-09
Daitoku OSADA
Director and Vice President
Dec 2011 Registered as attorney-at-law Dec 2011 Joined Next Law Office Mar 2014 Representative Attorney, Law Office Yokohama Academia Jan 2015 Director, Kamakura Chiiki Shisan Co., Ltd. Oct 2019 Representative Director, Lawyer Coaching Co., Ltd. (current) Oct 2019 Outside Audit & Supervisory Board Member, Marketing-Robotics Co., Ltd. (now Cross Operation Group) (current) Jul 2020 Managing Partner, Lawyer Coaching Law Office Oct 2022 Managing Partner, ForPEACE Law Office, Attorney Corporation (current) Jun 2024 Outside Director of the Company Dec 2025 Outside Director, Audit and Supervisory Committee Member of the Company Jun 2026 Director of the Company (current)
1975-09-12
Yosuke TAKASHINA
Director and CFO
Apr 1996 Joined The Bank of Tokyo-Mitsubishi, Ltd. Aug 2000 Europe Division, Foreign Exchange and Funding Dept. (London) Aug 2003 Financial Products Development Dept., Head Office (Tokyo) Apr 2006 Mitsubishi Tokyo UFJ Bank (following merger) Feb 2010 Americas Investment Banking Dept. (New York) Dec 2016 Credit Portfolio Management Dept., Head Office (Tokyo) Dec 2018 MUFG Securities Americas (New York) Mar 2020 Deputy General Manager, Corporate Planning Dept., MUFG Holdings (Executive Officer) Jan 2021 Investor Relations Office, Finance and Planning Dept., MUFG Holdings (Executive Officer) Sep 2023 General Manager, Middle East (Executive Officer) Nov 2024 Joined Tokio Marine Holdings, Inc. May 2026 Auditor, Flare Skind Care Co., Ltd. (current) Jun 2026 Director of the Company (current)
1973-07-10
Kazunori NAKAMURA
Director, Audit and Supervisory Committee Member
Apr 1984 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Oct 1989 Seconded to Yamaichi Securities Co., Ltd., Public Offering Underwriting Dept. Nov 1994 Seconded to Fuji Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Feb 2005 Deputy General Manager, Capital Markets Dept., Mizuho Corporate Bank, Ltd. Apr 2007 General Manager, Corporate Planning Dept., Mizuho Capital Co., Ltd. Aug 2012 Joined Hasegawa Co., Ltd. Aug 2015 Executive Officer in charge of Merchandising and General Manager, Merchandising Dept., Hasegawa Co., Ltd. Apr 2021 Joined ALiNK Internet Co., Ltd. May 2021 Director, CFO and General Manager, Corporate Dept., ALiNK Internet Co., Ltd. Jan 2024 Joined Suzuki Sanei Co., Ltd. Apr 2025 Auditor, Sky Heart Co., Ltd. (now Flare Skind Care Co., Ltd.) (current) Jun 2025 Director of the Company Jun 2026 Director, Audit and Supervisory Committee Member of the Company (current)
1960-05-04
Yuzo YOSHIDA
Director, Audit and Supervisory Committee Member
Apr 1996 Joined Sankyo Co., Ltd. (now Daiichi Sankyo Company, Limited) Aug 2012 Seconded to Japan Vaccine Co., Ltd., General Manager, Corporate Affairs Mar 2013 Joined Mitsubishi Motors Corporation Jun 2017 General Manager, Public Relations Dept., Mitsubishi Motors Corporation May 2019 Executive Officer in charge of Public Relations and External Affairs, Mitsubishi Motors Corporation Jun 2025 Outside Audit & Supervisory Board Member of the Company Dec 2025 Outside Director, Audit and Supervisory Committee Member of the Company (current)
1961-08-10
Masatake MIYOSHI
Director, Audit and Supervisory Committee Member
Apr 1985 Joined Wako Securities Co., Ltd. Apr 1986 Seconded to Wako Economic Research Institute Securities Co., Ltd., Pharmaceutical Industry Analyst, Research Dept. Sep 1995 Joined Merrill Lynch Japan Securities Co., Ltd., Pharmaceutical Industry Analyst and Managing Director, Research Dept. Apr 2009 Joined IMS Japan K.K., Director in charge of Client Relations Dec 2016 Joined Social Insurance Medical Fee Payment Fund, Executive Managing Director Dec 2025 Outside Director, Audit and Supervisory Committee Member of the Company (current)
1963-03-24
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-14
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
TDnet
2025-08-14
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-07-03
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-12-13
Securities Registration Statement
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-14
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 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
2023-06-27
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
2022-08-22
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-16
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
EDINET
2021-02-15
Quarterly Securities Report
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