Saint Care Holding

Basic Information

Stock Code
2374
Industry
Services
Category Detail
Lifestyle Services
Prefecture
Tokyo
Establishment Year
March 1983
Listing Year
October 2003
Official Website
https://www.saint-care.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Az Partners, Care 21, Care Service, OCHI HD, Uchiyama Holdings, Charm Care Corporation, Internet Infinity, Nippon Hospice Holdings, Amvis Holdings, Living Platform, Sanwells, Biz Ota Sho

Overview

Saint Care Holding is a leading company in the nursing care services industry founded in 1983, expanding nationwide with a focus on home-visit nursing care and housing renovation businesses while emphasizing community comprehensive care.

Current Situation

Saint Care Holding recorded consolidated sales of approximately ¥48.9 billion and operating profit of approximately ¥2.9 billion for the fiscal year ended March 2022, establishing a stable management base as a major player in the industry. Its mainstay home-visit nursing care services are widely deployed mainly in urban areas, and it is actively promoting the opening of facility-based nursing care. As a holding company with numerous subsidiaries, it provides community-oriented services and leverages synergies with its housing renovation business to improve customer satisfaction. In terms of technology, it is investing in innovations including the development of nursing care robots and working on building new care models such as establishing community comprehensive care stations. Under the management structure led by major shareholder Mihari Murakami, it continues management reforms aimed at sustainable business growth. As part of its social responsibility, it strives to contribute to local communities and improve employee work environment, and aims for further business expansion backed by increasing nursing care demand due to aging population. Recently, it has been focusing on enhancing added value through the integration of nursing care and housing renovations, as well as exploring new business areas.

Trivia

Interesting Facts

  • Founder Mihari Murakami has maintained influence since founding
  • Management integration plan with Japan Care Service ended up scrapped
  • Substantially expanded business by taking over Comsn's in-home services
  • Business expansion via joint venture Carebot for care robots
  • Company founded by Tokyo University of Science alumni with strong technical background
  • Deploying Dutch model community care stations from advanced care country in Japan
  • Care services combined with home renovations are rare in the industry
  • Promotes employee consideration as Tokyo Work-Life Balance certified company
  • Developed private care services to expand beyond insurance framework
  • Nationwide regional deployment using business succession-type subsidiaries as feature

Hidden Connections

  • Founder collaborating with major Dutch in-home care company to build international care model
  • Achieved fusion of care and technology via joint venture Carebot with Clarion
  • Has foundation to provide medical rehab and care comprehensively due to connections with Mihari Murakami
  • Inherited some former Goodwill Group network through Comsn business succession
  • Trust account shareholders like Japan Master Trust Bank contribute to management stability
  • Home-visit bathing service continuing from predecessor Japan Welfare Service is an industry veteran
  • Strengthens care collaboration by having separate housing renovation division
  • Diversifies risks by deploying care and insurance businesses within the group

Future Outlook

Growth Drivers

  • Increasing care demand due to aging society progression
  • Acceleration of nationwide community care system deployment
  • Care efficiency via ICT and robot technologies
  • Expansion of private services market outside long-term care insurance
  • Expansion of elderly-specialized housing renovation market
  • Improved employee retention through talent development and workstyle reforms
  • Building and expansion of diverse service channels
  • New service creation accompanying changes in laws and public support
  • Service homogenization through strengthened inter-regional collaboration
  • Corporate value enhancement emphasizing environment and social contributions

Strategic Goals

  • Establish 30 community care stations in major cities nationwide
  • Achieve over 50% care robot adoption rate
  • Aim for sales over ¥60 billion while promoting revenue diversification
  • Increase non-insurance service sales by 20%
  • Achieve over 90% employee satisfaction
  • Significantly increase elderly-specialized housing renovation projects
  • Complete full ICT system overhaul and optimize operations
  • Strengthen sustainability management and expand community contributions
  • Acquire and maintain international care quality standards
  • Strengthen new businesses through diverse partnerships

Business Segments

In-Home Care Service Provision

Overview
Provides in-home care services and operational support, catering to a wide range of customers.
Competitiveness
Community-based integrated provision of diverse care services
Customers
  • Municipalities
  • Medical Institutions
  • Care Facility Operators
  • General Households
  • Long-term Care Insurance Providers
Products
  • Home-Visit Care Service
  • Home-Visit Nursing
  • Home-Visit Bathing Service
  • Home Care Support

Housing Renovation Services

Overview
Deploys renovation services such as barrier-free modifications for homes and facilities.
Competitiveness
Technical expertise specialized in care needs and renovation proposals
Customers
  • Elderly
  • Care Users
  • Real Estate Companies
  • Home Manufacturers
  • Local Governments
Products
  • Barrier-Free Renovations
  • Care Environment Setup
  • Interior Works
  • Additions & Remodeling Works

Care Staffing & Training

Overview
Provides staffing dispatch and training support services for care sites.
Competitiveness
Comprehensive training system and staffing management expertise
Customers
  • Care Facilities
  • Home-Visit Care Providers
  • Medical Institutions
  • Municipalities
  • Staffing Agencies
Products
  • Care Worker Dispatch
  • Care Job Training
  • Talent Development Programs

ICT and Care Support Device Development

Overview
Develops and provides technologies and devices to improve efficiency in care sites.
Competitiveness
Practical tool development reflecting voices from care sites
Customers
  • Care Providers
  • Medical Corporations
  • Technology Companies
  • Community Support Centers
Products
  • Care Support Robots
  • Care Management System
  • ICT Services

Welfare Equipment Rental & Sales

Overview
Implements lifestyle support through provision of diverse care equipment.
Competitiveness
Rapid provision system via nationwide network
Customers
  • Elderly
  • Care Facilities
  • Community Support Centers
  • Medical Institutions
Products
  • Wheelchairs
  • Care Beds
  • Welfare Equipment Rental

Small Short-Term Insurance Services

Overview
Provides care-related insurance products to mitigate risks.
Competitiveness
Insurance development and sales network specialized in care industry
Customers
  • Caregivers
  • Elderly
  • Care Facilities
  • Insurance Agencies
Products
  • Care Support Insurance
  • Short-Term Insurance Products

Care Facility Operation Support

Overview
Services to support efficiency improvement and quality enhancement in care facility operations.
Competitiveness
Support based on long years of operation know-how
Customers
  • Nursing Home Operators
  • Care Corporations
  • Medical Corporations
Products
  • Operation Consulting
  • Staff Training
  • Operation Management Tools

Community Comprehensive Care Stations

Overview
Operates bases providing comprehensive medical and care services closely tied to communities.
Competitiveness
One-stop provision system for diverse services
Customers
  • Local Governments
  • Local Residents
  • Medical & Care Providers
Products
  • Community Comprehensive Care Support
  • Multiprofessional Collaboration Services

Care Planning Services

Overview
Provides care plan creation and user consultation services.
Competitiveness
High-expertise care management provision
Customers
  • Care Users
  • Medical Institutions
  • Long-term Care Insurance Providers
Products
  • Care Plan Creation Support
  • Consultation Services

Disabled Support Services

Overview
Specialized services supporting employment and independent living for the disabled.
Competitiveness
Community-based support network
Customers
  • Disabled Individuals
  • Welfare Facilities
  • Municipalities
Products
  • Employment Support
  • Independence Support Services

Lifestyle Support Product Sales

Overview
Provides goods necessary for care and lifestyle support.
Competitiveness
Wide product lineup and sales force
Customers
  • Elderly
  • Care Providers
  • General Consumers
Products
  • Care Supplies Sales
  • Lifestyle Support Goods

Care-Related Consulting

Overview
Supports operation improvements and legal compliance for care businesses.
Competitiveness
Practical advice based on industry knowledge
Customers
  • Municipalities
  • Care Providers
  • Corporations
Products
  • Care Business Operation Support
  • Regulatory Compliance Support

Competitive Advantage

Strengths

  • Community-based comprehensive care services
  • Establishment of diverse care business subsidiaries
  • High service quality in home-visit care
  • Synergies with housing renovation business
  • Stable management under founder leadership
  • Innovation through care robots and ICT utilization
  • Brand trust as an industry leader
  • Broad deployment across multiple regions
  • Promotion of community care through multiprofessional collaboration
  • Focus on sustainable management and community contributions

Competitive Advantages

  • Added value provision through integration of care and home renovations
  • Revenue stabilization via wide business areas
  • Advanced model operation of community care stations
  • In-house development of robots and ICT closely tied to care sites
  • Management stability based on long-term perspective of major shareholder
  • Abundant home-visit care track record and high customer satisfaction
  • Diverse sales channels and broad customer touchpoints
  • Strengthening of staffing and training business for corporations
  • Expansion of private care services outside insurance
  • Trust building through ongoing community contribution activities

Threats

  • Service supply risks due to staffing shortages
  • Profit pressure from long-term care insurance system revisions
  • Intensifying competition from competitors' service diversification and price wars
  • Changes in supply-demand balance due to declining elderly population
  • Investment restraint due to geopolitical risks or economic uncertainty
  • Increasing competitor products from spread of care robot technology
  • Service interruption risks from natural disasters or pandemics
  • Rising operation costs from strengthened laws and regulations
  • Risks related to information security and personal data protection
  • Impact of economic fluctuations on housing renovation market

Innovations

2023: Practical Implementation of Care Support Robot 'Carebot'

Overview
Introduced care support robots co-developed with Clarion in multiple facilities.
Impact
Achieved 20% improvement in care efficiency and reduction in worker burden

2022: Multi-Site Expansion of Community Comprehensive Care Stations

Overview
Established and strengthened operations at multiple sites nationwide using Dutch comprehensive care model.
Impact
Improved user satisfaction through multiprofessional collaboration

2024: Overhaul of Care Management System via ICT

Overview
Major update to ICT system aimed at business efficiency.
Impact
Enabled focus on site work by shortening management task time

2021: Development of Barrier-Free Technologies for Home Renovations

Overview
Enhanced safe renovation technologies for elderly and expanded product lines.
Impact
Renovation orders increased 15% year-over-year

2023: Launch of Private Care Services

Overview
Launched private services beyond insurance coverage to meet diversified needs.
Impact
Successfully acquired new customer segments

Sustainability

  • Improving QOL for elderly through community-based care support
  • Creating comfortable work environments for care workers
  • Reducing physical burden via efficient robot care introduction
  • Environmentally considerate and eco-material use in home renovations
  • Building disaster-time support networks in collaboration with local communities
  • Strengthening information security to protect user information
  • Promoting diversity through diverse talent recruitment
  • Management improvement programs for sustainable care business operations