Overview
Services

Amvis Holdings,Inc.

Amvis Holdings operates a network of medical hospice facilities called 'Ishinkan' (医心館) across Japan, specializing in end-of-life and chronic-phase nursing and care for medically high-dependency patients, including terminal cancer patients and those on ventilators. The company's core business model combines residential paid elderly care homes with on-site visiting nursing and home-care services, utilizing an outsourced physician model ('physician outsourcing') and shared bed arrangements ('sharing beds') with local clinics and hospitals. As of September 2025, the group operates 130 facilities across 32 prefectures, positioning itself as a platform for regional healthcare revitalization.

Market Cap
¥39.6B
US$253M
EV
¥69.7B
US$445M
Stock¥404▼-0.25%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
8.4
x
LTM EV/EBIT
13.7
x
LTM PER
12.6
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-50.3%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 17, 26Q3 FY2026/09 earnings announced
MC → EV Bridge
39.6BUS$253MMarket Cap33.4BUS$213M+ Debt3.27BUS$20.8M− Cash0.00BUS$0.00M− Inv. Sec.69.7BUS$445MEV
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Performance & Balance
Revenue 5Y (¥B)
15.3US$97.8M'21/923.1US$147M'22/932.0US$204M'23/942.5US$271M'24/949.2US$314M'25/9
EBITDA 5Y (¥B)
4.32US$27.5M'21/96.96US$44.4M'22/99.83US$62.7M'23/912.5US$79.5M'24/98.92US$56.9M'25/9
Net Income 5Y (¥B)
2.63US$16.8M'21/94.28US$27.3M'22/96.31US$40.2M'23/97.44US$47.4M'24/93.66US$23.3M'25/9
Capital Structure
54%
46%
EquityD/E 0.87xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
11.2US$71.4M12.7US$81.3M'21/911.3US$72.3M17.4US$111M'22/912.1US$77.3M23.1US$147M'23/98.87US$56.6M31.7US$202M'24/910.8US$69.1M40.2US$256M'25/9
Shareholders
Top 10 hold 75.5%
1
IDEA Capital Co., Ltd.
52.66%
2
Keiichi SHIBAHARA
8.68%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.56%
4
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
2.53%
5
DBS BANK LTD FOR G. K. GOH STRATEGIC HOLDINGS PTE LTD 700551 (Standing Proxy: Mizuho Bank, Ltd.)
2.04%
6
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB; Standing Proxy: Nomura Securities Co., Ltd.)
1.43%
7
NORTHERN TRUST CO.(AVFC) RE IEDU UCITS CLIENTS NON LENDING 15 PCT TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.40%
8
BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE (Standing Proxy: MUFG Bank, Ltd.)
1.11%
9
NORTHERN TRUST CO.(AVFC) RE NVI01 (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.08%
10
MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY-PB (Standing Proxy: BofA Securities Japan Co., Ltd.)
0.98%
Management
10 officers
Keiichi SHIBAHARA
Representative Director, CEO
Aug 2013 Established Kansha no Kokoro (social welfare corporation); Chairman Sep 2013 Succeeded to Fukujikai Medical Corporation; Chairman Sep 2013 Established Ambis Inc.; Representative Director (current) Jun 2015 Established Ishin Inc.; Representative Director Oct 2016 Established the Company; Representative Director, CEO (current) Mar 2020 Established Ashita no Iryo Inc.; Representative Director (current)
1964-10-09
Kosuke ZEIDA
Director
1989-01-18
Shingo YAMAGUCHI
Director
Jan 2005 Joined ITJ Law Office (Attorney Corporation) Dec 2006 Joined CSK Securities Service Co., Ltd. (now SCSK Corporation) Dec 2013 Joined General Co., Ltd. Apr 2018 Joined the Company; General Manager, Business Support Department Nov 2019 Executive Officer, the Company Dec 2019 Director, General Manager of Administration Division, the Company (current) Jul 2020 Director, Ashita no Iryo Inc. (current) Dec 2021 Director, Ambis Inc. (current)
1972-12-07
Nobutaka USHIGOME
Outside Director
Jul 1989 Joined Ministry of Home Affairs (now Ministry of Internal Affairs and Communications) Jul 1995 Professor, Jichi Daigakko (Local Autonomy College) Apr 1996 Joined Tokyo Yogyo Co., Ltd.; General Manager, Sales and Development Division Jun 1997 Director, General Manager, Sales and Development Division, Tokyo Yogyo Co., Ltd. Oct 1998 Director, Deputy General Manager, Sales Division, Tokyo Yogyo Co., Ltd. Jun 2001 Managing Director, General Manager, Sales Division, Tokyo Yogyo Co., Ltd. Jun 2004 Senior Managing Director, General Manager, Sales Division, Tokyo Yogyo Co., Ltd. Jun 2005 Chairman and Representative Director, TYK America Inc. (current) Jun 2005 Representative Director, President, Akechi Ceramics Co., Ltd. (current) Jun 2005 Representative Director, President, U-Ceramic Co., Ltd. (current) Jun 2005 Representative Director, President, Mizuno Ceramics Co., Ltd. (current) Jun 2005 Representative Director, President, Toyoei Kogyo Co., Ltd. (current) Jun 2005 Representative Director, President, Tokyo Yogyo Co., Ltd. (current) Jan 2019 Outside Director, the Company (current) Jun 2022 Outside Director, Chubu Kohan Co., Ltd. (current)
1964-09-04
Takeshi YAMADA
Outside Director
Dec 2013 Director, Head of Technology Development Department, Link-U Inc. Oct 2017 Director, CTO and Head of Technology Development Department, Link-U Inc. Apr 2018 Director, CTO and General Manager, First Business Division, Link-U Inc. Jan 2021 Director, CTO, Head of Domestic Business Division and Head of Business Promotion Department, Link-U Inc. Dec 2021 Outside Director, the Company (current) Feb 2022 Director, CTO, General Manager, First Business Division and Head of Technology Research Office, Link-U Inc. Dec 2023 Representative Director, CEO, Link-U Technologies Inc. Mar 2024 Director, Link-U Group Inc. Mar 2024 Head of Business Operations, Link-U Technologies Inc. Aug 2024 Director, CTO, Link-U Technologies Inc. (current)
1988-07-06
Norie HONDA
Outside Director
Apr 1987 Joined Ministry of Labour (now Ministry of Health, Labour and Welfare); Planning Office, Vocational Ability Development Division, Vocational Ability Development Bureau Jul 2017 Senior Councilor for General Policy and Policy Evaluation, Ministry of Health, Labour and Welfare Jul 2018 Councilor, Minister's Secretariat (Employment Environment and Equal Opportunity, Children and Families), Ministry of Health, Labour and Welfare Aug 2020 International Labour Affairs Negotiator, Ministry of Health, Labour and Welfare Jul 2021 Councilor, Minister's Secretariat (Social Affairs, Relief and Humanitarian Survey), Ministry of Health, Labour and Welfare Jul 2023 Retired from Ministry of Health, Labour and Welfare Dec 2023 Outside Director, the Company (current)
1963-09-02
Masanori NISHIYAMA
Director
1950-09-18
Takuya HANADA
Full-time Audit & Supervisory Board Member
1970-07-21
Takahiro SUGAWARA
Outside Audit & Supervisory Board Member
Apr 2004 Established former ELTES Inc.; Representative Director Apr 2012 Established ELTES Inc.; Representative Director (current) Aug 2017 Director, ELTES Security Intelligence Inc. (now AIK Inc.) (current) May 2018 Representative Director, ELTES Capital Inc. (current) Jun 2020 Outside Director, gooddays Holdings Co., Ltd. (current) Dec 2020 Director, JAPANDX Inc. (current) Dec 2020 Outside Audit & Supervisory Board Member, the Company (current) Dec 2023 Outside Director, NextNinja Inc. (current)
1979-12-23
Shinichiro ABE
Outside Audit & Supervisory Board Member
Apr 1994 Registered as attorney; joined Tokiwa Sogo Law Office (now Nishimura & Partners) Aug 2001 Worked at Debevoise & Plimpton LLP (New York) Mar 2002 Vice President, International Legal Affairs, Prudential Insurance Company of America (U.S. headquarters) Sep 2002 Returned to Tokiwa Sogo Law Office Mar 2006 Joined Asahi Koma Law Offices (now Nishimura & Partners); Partner Apr 2007 Joined Baker & McKenzie (Gaikokuho Kyodo Jigyo); Partner Apr 2009 Specially Appointed Professor, Chuo University Law School Jan 2016 Opened Kasumigaseki International Law Office Apr 2016 Visiting Professor, Chuo University Law School (current) Apr 2018 Visiting Professor, Graduate School of Law, Kokushikan University (current) Dec 2024 Outside Audit & Supervisory Board Member, the Company (current)
1964-02-17
Large Shareholding Reports
IDEA Capital Co., Ltd.
2026-10-19
52.39%→52.39%
Annual report (as of 2026-03-31): 52.66%
IDEA Capital Co., Ltd.
2026-06-22
52.66%→52.66%
Annual report (as of 2026-03-31): 52.66%
IDEA Capital Co., Ltd.
2026-06-22
52.66%→52.66%
Annual report (as of 2026-03-31): 52.66%
Pantheum Master Fund Limited
2026-02-26
5.05%→5.02%
Pantheum Master Fund Limited
2026-02-25
5.05%
IDEA Capital Co., Ltd.
2026-02-19
52.66%→52.66%
Annual report (as of 2026-03-31): 52.66%
IDEA Capital Co., Ltd.
2026-01-23
52.66%→52.66%
Annual report (as of 2026-03-31): 52.66%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-19
Large Shareholding Report
TDnet
2026-08-14
Q3 Earnings Flash
FY ending Sep 2026
EDINETAmended
2026-06-22
Change Report
EDINETAmended
2026-06-22
Change Report
EDINET
2026-05-14
Semi-Annual Securities Report
Period: Oct 2025 – Sep 2026
EDINETAmended
2026-02-26
Change Report
EDINET
2026-02-25
Large Shareholding Report
EDINET
2026-02-19
Large Shareholding Report
TDnet
2026-02-13
Q1 Earnings Flash
FY ending Sep 2026
EDINET
2026-01-23
Large Shareholding Report
EDINET
2025-12-25
Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnetAmended
2025-10-20
Q3 Earnings Flash
FY ending Sep 2025
TDnet
2025-10-17
Q3 Earnings Flash
FY ending Sep 2025
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-02-06
Q1 Earnings Flash
FY ending Sep 2025
EDINET
2024-12-25
Annual Securities Report
Period: Oct 2023 – Sep 2024
EDINET
2024-05-09
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-08
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-12-28
Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-11
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-28
Annual Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-12
Quarterly Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-12-28
Annual Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-05-13
Quarterly Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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