Overview
Wholesale Trade

Japan Lifeline Co.,Ltd.

Japan Lifeline is a medical device company specializing in the manufacture, import, and sale of cardiovascular and related medical devices in Japan. Its core product lines include rhythm devices (pacemakers, ICDs, CRT-Ds), EP/ablation catheters, cardiovascular prosthetics (artificial blood vessels, stent grafts), neurovascular intervention devices (embolic coils, thrombectomy catheters), and gastrointestinal stents and ablation electrodes. The company serves hospitals and medical professionals across Japan, differentiating itself through both proprietary manufacturing capabilities and a strong portfolio of imported products from leading global manufacturers.

Market Cap
¥111B
US$708M
EV
¥97.4B
US$621M
Stock¥1,582▲+1.35%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.0
x
LTM EV/EBIT
7.9
x
LTM PER
11.9
x
LTM PBR
1.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-18.2%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 2, 26Disappointing Q3 earnings
2Mar 3, 26Market-wide: Rising rate concerns
3Jul 31, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
111BUS$708MMarket Cap3.11BUS$19.8M+ Debt9.62BUS$61.3M− Cash7.11BUS$45.4M− Inv. Sec.97.4BUS$621MEV
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Performance & Balance
Revenue 5Y (¥B)
51.5US$328M'22/351.8US$330M'23/351.4US$328M'24/356.6US$361M'25/359.2US$377M'26/3
EBITDA 5Y (¥B)
11.6US$73.9M'22/312.4US$79.1M'23/312.4US$78.8M'24/314.1US$90.0M'25/314.3US$91.0M'26/3
Net Income 5Y (¥B)
7.48US$47.7M'22/36.89US$43.9M'23/37.52US$47.9M'24/39.32US$59.4M'25/39.35US$59.6M'26/3
Capital Structure
95%
EquityD/E 0.05xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
22.9US$146M8.14US$51.9M'22/323.9US$152M6.69US$42.6M'23/320.3US$129M4.49US$28.6M'24/318.4US$117M3.97US$25.3M'25/319.8US$127M3.12US$19.9M'26/3
Shareholders
Top 10 hold 49.2%
1
KS Shoji Co., Ltd.
15.76%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.68%
3
Custody Bank of Japan, Ltd. (Trust Account)
10.37%
4
SG/UCITS V/INV (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.72%
5
BNP PARIBAS LUXEMBOURG/2S/JASDEC/FIM/LUXEMBOURG FUNDS/UCITS ASSETS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.06%
6
Japan Lifeline Co.,Ltd. Employee Stock Ownership Association
2.05%
7
RM Asset Management Co., Ltd.
1.38%
8
MT Shokai Co., Ltd.
1.38%
9
MSJ Shokai Co., Ltd.
1.38%
10
MM Shokai Co., Ltd.
1.38%
Management
13 officers
Keisuke SUZUKI
Representative Director, President and Executive Officer
Feb 1981 Joined Medical Yachiyoda Tokyo Hanbai Co., Ltd. Representative Director, Cardio Center Co., Ltd. Director of the Company Apr 1987 Vice President and Director of the Company Nov 1992 Resigned as Vice President and Director of the Company Jan 1994 Advisor of the Company Jun 1997 Vice President and Director of the Company Jun 2005 Representative Director, President of the Company Apr 2025 Representative Director, President and Executive Officer of the Company (current)
1953-09-09
Tatsuya MURASE
Representative Director, Vice President and Executive Officer
Oct 2009 Joined Fisher & Paykel Healthcare K.K. Joined the Company Apr 2015 General Manager, EG Business Promotion Department Apr 2016 General Manager, AST Business Division Apr 2018 General Manager, CVE Business Division Jul 2020 Executive Officer, General Manager, CVE Business Division Apr 2022 Senior Executive Officer, General Manager, CVG Business Headquarters Jun 2022 Director, General Manager, CVG Business Headquarters Jan 2024 Managing Director, General Manager, Integrated Business Headquarters Apr 2025 Director, Managing Executive Officer, General Manager, Integrated Business Headquarters Jun 2025 Representative Director, Vice President and Executive Officer of the Company (current)
1973-11-12
Toru TAKAMIYA
Director, Senior Managing Executive Officer, General Manager, Development and Production Headquarters
Aug 2006 Joined Smith & Nephew Orthopaedics K.K. Joined the Company Apr 2009 General Manager, SHT Department, TVI Business Division Apr 2011 General Manager, EST Business Division Apr 2012 General Manager, CVE Business Division Jul 2013 Executive Officer, General Manager, CVE Business Division Apr 2014 Executive Officer, General Manager, CV Integrated Business Division Apr 2015 Executive Officer, General Manager, CV Business Headquarters Jun 2017 Director, General Manager, CV Business Headquarters Apr 2021 Director, General Manager, CVG Business Headquarters Apr 2022 Director, General Manager, Development and Production Headquarters Managing Director, JLL Malaysia Sdn. Bhd. (consolidated subsidiary) Apr 2025 Director, Managing Executive Officer, General Manager, Development and Production Headquarters Apr 2026 Director, Senior Managing Executive Officer, General Manager, Development and Production Headquarters (current)
1964-11-17
Takeyoshi EGAWA
Director, Managing Executive Officer, General Manager, Management Administration Headquarters
May 2018 Joined EY ShinNihon LLC Joined Francfranc Corporation Joined the Company Apr 2019 General Manager, Finance and Accounting Department Apr 2022 Executive Officer, General Manager, Management Administration Division Apr 2023 Senior Executive Officer, General Manager, Management Administration Division Jun 2023 Director, General Manager, Management Administration Division Apr 2025 Director, Managing Executive Officer, General Manager, Management Administration Headquarters (current)
1976-01-14
Kenji YAMADA
Director, Managing Executive Officer, General Manager, Administration Headquarters
May 1998 Joined ABC-MART, INC. Joined the Company Apr 2011 General Manager, Management Administration Department Jul 2013 Executive Officer, General Manager, Management Administration Department Apr 2014 Executive Officer, Deputy General Manager, Administration Headquarters Apr 2015 Executive Officer, General Manager, Administration Headquarters Jun 2015 Director, General Manager, Administration Headquarters Jul 2017 Director, General Manager, Development and Production Headquarters Aug 2017 Managing Director, JLL Malaysia Sdn. Bhd. (consolidated subsidiary) Jul 2020 Managing Director, General Manager, Administration Headquarters Apr 2025 Director, Managing Executive Officer, General Manager, Administration Headquarters (current)
1971-11-26
Takashi ITO
Director, Managing Executive Officer, General Manager, Arrhythmia Business Headquarters
Apr 1993 Joined the Company Apr 2015 General Manager, CRM Business Promotion Department Apr 2018 General Manager, CRM Business Division Jul 2020 Executive Officer, General Manager, CRM Business Division Apr 2022 Executive Officer, General Manager, Device Business Division Jan 2024 Senior Executive Officer, General Manager, Arrhythmia Business Headquarters Jun 2024 Director, General Manager, Arrhythmia Business Headquarters Apr 2025 Director, Senior Executive Officer, General Manager, Arrhythmia Business Headquarters Apr 2026 Director, Managing Executive Officer, General Manager, Arrhythmia Business Headquarters (current)
1968-03-23
Yumiko HOSHIBA
Director, Senior Executive Officer, General Manager, Business Operations Division
Apr 1992 Joined Arch Co., Ltd. Joined the Company Apr 2008 General Manager, Administration Department Apr 2011 General Manager, General Affairs Department Jul 2014 Executive Officer, General Manager, General Affairs Department Apr 2015 Executive Officer, General Manager, General Affairs Division Apr 2018 Executive Officer, General Manager, Human Resources and General Affairs Division Jun 2018 Director, General Manager, Human Resources and General Affairs Division Apr 2024 Director, General Manager, General Affairs Division Apr 2025 Director, Senior Executive Officer, General Manager, Business Operations Department Oct 2025 Director, Senior Executive Officer, General Manager, Business Operations Division (current)
1962-03-03
Yoshiaki IKEI
Director
Apr 1981 Joined Mitsubishi Corporation Apr 1999 Executive Officer, General Manager, Corporate Strategy Office, Aucnet Inc. Oct 2001 Managing Executive Officer and Osaka Branch Manager, RECOF Corporation Nov 2007 Representative Director, MA Partners Co., Ltd. (current) Jul 2012 Senior Managing Director, Strex Co., Ltd. Jun 2017 Outside Director of the Company (current)
1957-05-04
Naoko KAWAHARA
Director
Dec 2010 Registered as attorney-at-law; joined Tokyo Green Law Office (current) Oct 2021 Audit and Supervisory Board Member (part-time), Kodaira Chemical Co., Ltd. (current) Jun 2024 Outside Director of the Company (current)
1983-04-29
Rie NAKAGAWA
Director
Aug 2003 Joined MISUMI Group Inc. Oct 2015 President, FA Business Unit and Representative Executive Officer, MISUMI Group Inc. Oct 2020 Representative Executive Officer, User Service Platform, MISUMI Group Inc. Jan 2022 Representative Executive Officer, Sustainability Platform, MISUMI Group Inc. Dec 2022 Director and COO, Grameen Japan (general incorporated association) (current) Jun 2023 Outside Director, Fuji Oil Group Headquarters Co., Ltd. (now Fuji Oil Co., Ltd.) (current) Jun 2024 Outside Director, DUSKIN Co., Ltd. (current) Jun 2025 Outside Director of the Company (current)
1968-08-10
Shogo TAKAHASHI
Director (Full-time Audit and Supervisory Committee Member)
Dec 1994 Joined Universal Securities Co., Ltd. Joined the Company Apr 2009 General Manager, Legal Affairs Office Mar 2010 General Manager, Legal Affairs Office and General Manager, Development and Production Department Apr 2011 General Manager, Development and Production Headquarters Jun 2011 Director, General Manager, Development and Production Headquarters Jun 2013 Managing Director, General Manager, Development and Production Headquarters Jul 2017 Managing Director, General Manager, Administration Headquarters Jul 2020 Managing Director, General Manager, Development and Production Headquarters Managing Director, JLL Malaysia Sdn. Bhd. (consolidated subsidiary) Apr 2022 Managing Director of the Company Jun 2022 Director, Full-time Audit and Supervisory Committee Member of the Company (current)
1964-07-08
Yutaka KARIGOME
Director, Audit and Supervisory Committee Member
Aug 1987 Joined Ohara Bookkeeping School, Ohara Gakuen School Corporation Sep 1990 Deputy Head, Shoichiro Migiyama Certified Tax Accountant Office (now Migiyama Certified Tax Accountants Corporation) Oct 1992 Registered as certified tax accountant Jun 2003 Head, Yutaka Karigome Certified Tax Accountant Office Jun 2006 Audit and Supervisory Board Member of the Company Jul 2015 Tax Adjudicator, Kanto-Shinetsu Regional National Tax Tribunal Jul 2018 Head, Yutaka Karigome Certified Tax Accountant Office (current) Jun 2019 Outside Audit and Supervisory Board Member, Bandai Namco Entertainment Inc. (current) Jun 2021 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Apr 2022 Professor, Graduate School of Accounting and Finance, Chiba University of Commerce Apr 2024 Visiting Professor, Graduate School of Accounting and Finance, Chiba University of Commerce (current)
1963-04-12
Tomonari OTA
Director, Audit and Supervisory Committee Member
Oct 2003 Registered as attorney-at-law; joined TMI Associates Jun 2011 Qualified as attorney in California, USA Jan 2014 Partner, TMI Associates (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1975-11-12
Large Shareholding Reports
SOMPO Asset Management Co., Ltd.
2026-05-21
5.07%
KS Shoji Co., Ltd.
2026-02-17
15.52%→15.52%
Annual report (as of 2026-03-31): 15.76%
KS Shoji Co., Ltd.
2026-02-17
14.40%→15.52%
Annual report (as of 2026-03-31): 15.76%
KS Shoji Co., Ltd.
2026-02-05
14.40%→14.40%
Annual report (as of 2026-03-31): 15.76%
MSJ Shokai Co., Ltd.
2025-09-08
1.36%→1.36%
Annual report (as of 2026-03-31): 1.38%
MT Shokai Co., Ltd.
2025-09-08
6.42%→1.36%
Annual report (as of 2026-03-31): 1.38%
KS Shoji Co., Ltd.
2025-09-02
14.40%→14.40%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-03-31): 15.76%
KS Shoji Co., Ltd.
2025-08-29
14.40%→14.40%
Annual report (as of 2026-03-31): 15.76%
KS Shoji Co., Ltd.
2025-08-13
14.40%→14.40%
Annual report (as of 2026-03-31): 15.76%
KS Shoji Co., Ltd.
2025-08-13
11.97%→14.40%
Annual report (as of 2026-03-31): 15.76%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-21
Large Shareholding Report
EDINET
2026-02-17
Large Shareholding Report
EDINET
2026-02-17
Large Shareholding Report
EDINET
2026-02-05
Large Shareholding Report
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-08
Large Shareholding Report
EDINET
2025-09-08
Large Shareholding Report
EDINETAmended
2025-09-02
Change Report
EDINET
2025-08-29
Large Shareholding Report
EDINET
2025-08-13
Large Shareholding Report
EDINET
2025-08-13
Large Shareholding Report
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-19
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
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINETAmended
2022-10-12
Amended Annual Securities Report
EDINETAmended
2022-10-12
Amended Annual Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
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