Medley

Basic Information

Stock Code
4480
Industry
Information and Communications Industry
Category Detail
Internet Site Operations
Prefecture
Tokyo
Establishment Year
June 2009
Listing Year
December 2019
Official Website
https://www.medley.jp/
TSE Information
TSE Information
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Overview

Medley is an internet service company founded in 2009 that specializes in the healthcare sector, holding the top market share in online clinic systems and providing innovative solutions in the digital medical field.

Current Situation

Medley recorded net sales of 14.185 billion yen, operating income of 1.29 billion yen, and net income of 1.021 billion yen for the fiscal year ended December 2022. Its flagship online clinic system 'CLINICS' is adopted by medical institutions nationwide and boasts the top market share in systems for medical institutions. After listing on the Tokyo Stock Exchange Mothers in 2019, it transitioned to the Prime Market in 2022, accelerating growth. It offers a wide range of medical and nursing care-related services and has strengthened collaboration through a capital and business alliance with NTT Docomo. It is actively promoting medical DX through initiatives such as regional medical MaaS and video training services, leading the industry's digital transformation. Moving forward, it aims to improve efficiency in medical settings and enhance patient convenience by focusing on technological innovation and service expansion.

Trivia

Interesting Facts

  • Domestic top number of medical institutions adopting online clinic system
  • Established performance-based business specialized in medical jobs shortly after founding
  • Deploys the only online clinic app jointly operated with NTT Docomo
  • Built Japan's first integrated IT platform covering medical, nursing care, and childcare areas
  • Early entry into on-demand video training business to support diverse medical talent
  • Actively engaged in medical support for remote islands and depopulated areas
  • Participates in medical IT promotion projects in collaboration with numerous local governments
  • Received numerous public evaluations and awards for medical DX promotion
  • Gained high industry recognition as a performance-based job site
  • Over 300 medical specialist staff on site to support services

Hidden Connections

  • Realizes fusion of communication infrastructure and medical IT through alliance with NTT Docomo
  • Builds strong collaboration with regional medical associations in medical MaaS business
  • Seamless integration of medication guidance and online clinic possible
  • Nursing home search service originates from Platinum Factory (subsidiary)
  • Competes with other industry talent agencies in medical job field while promoting collaboration
  • History of jointly operating information platform with Nikkei BP in healthcare IT market
  • Examples of collaboration with specific health insurance associations amid expanding online clinic market
  • Accelerates technological innovation through business alliances with multiple medical startups

Future Outlook

Growth Drivers

  • Acceleration of adoption through legal framework establishment for online clinic
  • Increasing IT needs in medical and nursing care amid aging society
  • Service expansion through strengthened collaboration with NTT Docomo
  • New business development in medical MaaS and DX fields
  • Rising demand for job services due to talent shortages in medical and nursing care industries
  • System sophistication through cloud technology evolution
  • Expansion of remote medical needs and promotion of regional medical collaboration
  • Enhanced utilization of public subsidies and grants
  • Market growth in online video training services
  • Progress in consultation support and operational efficiency through AI utilization

Strategic Goals

  • Achieve over 70% domestic share in online clinic systems
  • Complete rollout of medical MaaS business to major regional cities nationwide
  • Breakthrough ¥20 billion in annual sales for medical and nursing care job platform
  • Realize diverse medical digitalization through joint services with NTT Docomo
  • Strengthen sustainable medical IT service operations and regional contributions
  • Service innovation through advanced utilization of cloud and AI technologies
  • Build online education system for diverse medical and nursing care professionals
  • Promote overseas business and technology deployment through domestic and international collaborations
  • Maintain and strengthen secure and safe medical information management systems
  • Promote diversity respect among employees and health management

Business Segments

Online Clinic System Provision

Overview
Provides remote clinic and electronic medical records solutions for medical institutions.
Competitiveness
No.1 market share in online clinic system adoption by medical institutions
Customers
  • Clinics
  • University hospitals
  • Home-visit medical services
  • Medical corporations
Products
  • CLINICS Online Clinic
  • Electronic medical records system

Medical and Nursing Care Job Service

Overview
Operates performance-based job platform specialized in medical and nursing care fields.
Competitiveness
Job information and scouting functions specialized for professionals
Customers
  • Hospitals
  • Nursing homes
  • Nurseries
  • Medical welfare staffing companies
Products
  • Job Medley Job Service

Regular Pharmacy Support

Overview
Supports pharmacy operation efficiency and patient service improvement.
Competitiveness
User-friendly cloud system specialized for dispensing operations
Customers
  • Dispensing pharmacies
  • Drugstores
Products
  • Pharms Cloud System

Nursing Home Search and Information Provision

Overview
Operates nursing home information search site to support users.
Competitiveness
Comprehensive reliable nursing home information
Customers
  • Nursing home operators
  • Nursing care users
Products
  • Kaigo no Honne Service

Medical Training Platform

Overview
Provides online training services for medical and nursing care.
Competitiveness
Video delivery service for efficient learning of specialized knowledge
Customers
  • Medical institutions
  • Nursing homes
Products
  • Job Medley Academy

Dental Operation Support System

Overview
Provides cloud-based operation management tools for dental clinics.
Competitiveness
Functions and operability specialized for the dental industry
Customers
  • Dental clinics
Products
  • Dentis Cloud System

Competitive Advantage

Strengths

  • Industry-leading track record in online clinic system adoption
  • Deep expertise and service deployment in medical and nursing care fields
  • Strong partnership through capital and business alliance with NTT Docomo
  • Comprehensive provision of diverse healthcare-related services
  • High technological capability in cloud system operations
  • Extensive medical talent network
  • Stable financial base and secured growth funds
  • Revenue stability from success-based business model
  • Nationwide medical institution network
  • Business expansion through active M&A and subsidiary management

Competitive Advantages

  • No.1 market position in online clinic systems
  • Complex service suite addressing needs of both medical institutions and patients
  • Strength in job sites covering diverse specialized fields
  • Utilization of mobile ecosystem through collaboration with NTT Docomo
  • High-performance system design contributing to operational efficiency in medical settings
  • Optimization of subscription and performance-based revenue models
  • Diversification strategy through broad service deployment in medical and nursing care
  • Competitive edge from early entry into new areas like medical MaaS
  • Long-term customer relationship building and high customer satisfaction
  • Establishment of new revenue sources through online video training

Threats

  • Impact of changes in legal regulations on service provision environment
  • Intensifying competition from other IT companies and startups
  • Slowdown in adoption due to delays in IT system updates at medical institutions
  • Increasing cybersecurity risks
  • Business impact from social changes such as new infectious diseases
  • Risk of failing to keep up with rapid technological advancements
  • Cost increases from rising cloud infrastructure expenses
  • Increased compliance burden from stricter customer data management
  • Development and operational delays due to talent acquisition difficulties
  • Stock price fluctuations and deteriorating funding environment

Innovations

2022: Major Functional Enhancement of Online Clinic System

Overview
Added remote medication guidance and medication notebook integration for improved convenience.
Impact
Contributes to higher satisfaction for both medical institutions and patients.

2021: Capital and Business Alliance Concluded with NTT Docomo

Overview
Jointly operates online clinic and medication guidance app.
Impact
Achieved user expansion by leveraging communication infrastructure.

2020: Launch of Regular Pharmacy Support System Pharms

Overview
Newly developed cloud system for pharmacy operation efficiency.
Impact
Contributes to new market development and revenue base expansion.

2022: Launch of Online Video Training Service

Overview
Developed remote training platform for medical and nursing care workers.
Impact
Advances customer base diversification and service expansion.

2023: Strengthening Regional Expansion of Medical MaaS Business

Overview
Started remote island medical collaboration project to contribute to regional healthcare improvement.
Impact
Builds model for improving access to local medical care.

2023: Expansion of Cloud Dental Operation Support System Dentis

Overview
Deployed efficient cloud services for dental clinics.
Impact
Contributes to acquiring new customers and strengthening revenue base.

Sustainability

  • Promotion of medical MaaS to improve regional healthcare
  • Reduction of patient travel burden through remote medical care
  • Thorough privacy protection in data management
  • Reduction of medical disparities through improved accessibility
  • Cloud operation optimization considering reduced environmental impact